SICO welcomes new members to executive team

Two new members have joined the team at Securities & Investment Co. (SICO), a firm licensed by the Central Bank of Bahrain (CBB) as a conventional wholesale bank.

K. Shyam Krishnan is the company's new chief financial officer. He brings with him 25 years of experience in finance, accounting, audit, investments and risk management in both conventional and Sharia-compliant banking.

Before coming to SICO , Krishnan was group head of finance for Al Salam Bank-Bahrain. Prior to that, he was head of operational risk management for hedge funds at Investcorp, Bahrain. His work history also includes a stint as audit supervisor at the Bahrain office of Ernst & Young.

Krishnan is a chartered accountant, chartered financial analyst, certified information systems auditor, management accountant and certified internal auditor. He earned a bachelor's degree in commerce from the University of Madras, India.

The company's new head of fixed income is Ali Marshad, who has a decade of experience in asset management, investments, treasury and brokerage. He joined SICO in 2008 as an analyst in the Investments & Treasury division before helming the company's newly established Fixed Income Desk in 2012.

Before he came to SICO, Marshad worked in the United Kingdom as an analyst with Mercer Investment Consulting, and as a performance analyst with UBS Global Asset Management in London.

Marshad is a chartered financial analyst who holds a bachelor's degree in banking, finance and management from Loughborough University in the United Kingdom.

"We constantly seek to attract new high-caliber talent, together with promoting from within the bank to provide staff with attractive career-progression opportunities," SICO Chief Executive Officer Najla Al Shirawi said. "Both Shyam and Ali have well-proven professional skills, high-level qualifications, and extensive experience in their respective fields. As such, they will add depth to SICO 's management team and enable us to better serve our clients and shareholders, while contributing to the business growth and strategic development of the bank."

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