Bank ABC Magreb CEO to lead Tunisian economy as part of the new government

Bank ABC Group confirms that the Chief Executive Officer of the Bank’s Magreb region and Chief Executive of Bank ABC Tunisia, Mr. Ali Kooli, will be joining the new Tunisian Government led by Prime Minister-designate Hichem Mechichi.

Mr. Kooli has stepped down from his post of the Chief Executive of Bank ABC in Tunisia to lead the Ministry of Economy, Finance and Investment in the new Tunisian Government.

“We are immensely proud of Ali and express our heartfelt congratulations on this appointment. Ali has successfully led our business in the Magreb region in extremely challenging political and economic times. We’re happy that his astute acumen and integrity will be of further service to his own country. At the same time, this is also a wonderful testament to Bank ABC’s talented leaders who have proven more than once their ability to assume public office responsibilities,” remarked Mr. Sael Al Waary, Deputy Group CEO of Bank ABC.

“Ali has been with us at Bank ABC for 10 years, during which he was instrumental in building up a solid client centric and profitable business at a time of unprecedent challenges. He remains an esteemed friend of the Bank and we wish him the very best in his new responsibilities,” he added.

Bank ABC is a leading player in the region’s banking industry, with a presence in 15 countries across five continents. It provides global innovative Wholesale Banking coverage & products that include Corporate & Financial Institutions coverage, Transaction Banking (Trade Finance & Cash Management), Project and Structured finance, Syndications, Treasury and Financial Markets products and Islamic Banking. It also provides retail-banking services through its network of retail banks in Jordan, Egypt, Tunisia, Algeria, Brazil, and through ila Bank, its digital mobile-only bank, in Bahrain.