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Unicorn names interim CEO

MANAMA: Unicorn Investment Bank yesterday announced the appointment of Ikbal Daredia as interim chief executive officer (CEO) of the bank.

Mr Daredia is the global head of the bank's capital markets, institutional banking and treasury areas and brings more than 20 years of experience of Islamic finance, having held key positions with major market leaders over the formative years of the Islamic financial services industry.

He was previously deputy CEO of Noriba, UBS's former global Islamic product platform.

Mr Daredia replaces Majid Al Refai, former managing director and CEO of Unicorn Investment Bank, with immediate effect.

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