Board of Directors
Mr. Nasereddin is the Chairman of The National Bank (TNB), the Vice Chairman of Palestine Islamic Bank (PIB) and a leader in the Palestinian private sector. He chairs several companies, including Al-Takaful Insurance Company, Abraj Investment & Development Company, Petropal Mineral Oil Company and Lotus Financial Investments Company.
Furthermore, Mr. Nasereddin is the chairman and chief executive officer (CEO) of Birzeit Pharmaceutical Company (BPC), the company in which he started his career in 1974. He worked first as a quality control manager at BPC before being appointed its chairman and CEO a decade later. In 1993, Mr. Nasereddin merged BPC with the Palestine Medical Company, making it one of Palestine´s largest private enterprises and the largest pharmaceutical company in Palestine with a market share of over 20%.
As a committed champion of Palestine´s private sector development, in 1996 Mr. Nasereddin helped found the Union of Palestinian Pharmaceutical Manufacturers (UPPM) and the Palestinian Businessmen Association the year thereafter. In 1997, he founded the Palestine Trade Center (Paltrade) and in 1998 the Palestinian Federation of Industries (PFI). Mr. Nasereddin chaired the UPPM until 2008 and the PFI until 2003 and was a board member of the Palestine Investment Fund (PIF) until 2006. He was also a board member of the Palestine Monetary Authority and is a current board member of the Palestinian Telecommunications Company (PalTel), Palestinian American Chamber of Commerce (PACC) and the International Chamber of Commerce (ICC).
Mr. Nasereddin was born in Jerusalem in 1949 and obtained a Master of Industrial Chemistry at the American University of Beirut in 1974.
Omar M. Masri
Omar M. Masri (Vice Chairman) is a well-known businessman with 27 years of experience in the banking as well as oil & gas sectors. Since 2006, he has been the Group Managing Director of the Edgo group, a regional company with operations in the fields of oil & gas, power, water and infrastructure. Omar established and managed Atlas Investment Group (“Atlas”) in 1996, a regional investment banking firm, and in 2004, the Arab Bank acquired Atlas and established it as the bank’s Investment Banking arm, known today as AB Invest. He was appointed as Arab Bank’s first Global Head of Investment Banking and represented Arab Bank on the boards of several affiliate and sister entities, including the Arab National Bank in Saudi Arabia. He was the first individual in Jordan to be granted the Certified Financial Consultant, Broker and Investment Manager License by the Jordan Securities Commission. In 2004, Omar was invited to be a member of the Dubai International Financial Exchange (DIFC) Practitioner Committee to assist in the establishment of the DIFC.
In 2002, Omar founded the Chartered Financial Analyst (CFA) Institute’s Jordan chapter and became its first chairman. Prior to establishing Atlas, he was a fund manager at Foreign & Colonial Emerging Markets in London, UK, where he structured and managed the first regional Middle East investment fund in the world, which was listed on the New York Stock Exchange.
Omar has a B.B.A. in Finance from the George Washington University in Washington, DC. In 1990, he completed a two-year, intensive wholesale credit-training program at the Philadelphia National Bank/Wharton Business School in Philadelphia and subsequently managed the bank’s correspondent banking relationships in Thailand and Japan. Omar has been a member of the Young Presidents’ Organization (YPO) since 2001 and was selected as a Young Global Leader by the World Economic Forum.
A prominent businessman and a Palestinian investor, with wide investments in several sectors in Palestine and abroad. He has crucial analytical thinking, unique negotiation skills and savvy experience in assets management,
Mr. Zraiq is the chairman of the board of Palestine Investment & Development Company PID, a publicly traded company listed in Palestine Exchange Market. The Chairman of the Board for Sahem Trading & Investments, a Palestinian pioneer investment and brokerage firm, and a member of the board of Directors of the National Bank (TNB), the fastest growing bank, thus recruiting his dedication to raising the standards of financial services in Palestine
He adheres to sustainable private sector development in Palestine through strengthening the investment activity components and participation in policy development on the national level, through being a member of the National Team for Economic Development in Palestine (Chaired by Prime Minister), and a board member of the Social Security Corporation and chairman of its investment committee, and member of the Palestinian National Committee to joining the World Trade Organization. In addition, he also sits as a board member of the Council for Innovation & Excellence. and serves as president of multiple joint business councils with several countries.
Dina M. Masri
Ms. Masri is a board member of The National Bank and vice chairperson of the board of the National Beverage Company/Coca-Cola. She is also the chairperson of the board for the Premium Brands Company, an executive board member of the Palestine Investment Fund and board member of the Palestine Mineral Lube Company.
In 2005, Ms. Masri founded and became a board member of the Manara Investment Group. Prior to this, she relocated from New York to Palestine to help establish several businesses in the beverages, construction, Fast Moving Consumer Goods (FMCG) and vehicle trading sectors. In New York, Ms. Masri worked at the Manufacturers Hanover Bank for three years.
Ms. Masri obtained a Master of Science in Environmental Studies and a Master of Business Administration from George Washington University. She is actively involved in philanthropic activities and supports numerous charities and cultural initiatives as the director of the Munib R. Masri Development Foundation.
Mr. Khalil is a board member of The National Bank and chief financial officer of the Palestinian Telecommunication Group (PalTel). Mr. Khalil joined PalTel in 2013 to lead the Group´s financial and administrative affairs.
Prior to joining PalTel, Mr. Khalil was the financial vice president of Bloom Holdings in the United Arab Emirates. His role included defining the Group´s financial strategies, developing long-term and short-term work plans, budgeting, managing accounts, treasury, managing the financing of the Group’s operations and projects, and developing financial monitoring systems.
Before working at Bloom Holdings, Mr. Khalil worked at Ernst and Young in Ramallah as the audit manager. Here, he managed the audits of leading institutions including the European Commission, World Bank, USAID and many other local companies.
Mr. Khalil has also managed international projects for the Palestinian Ministry of Finance; consulted on audit and internal control, budgeting, risk management and institutional capacity building; and delivered theoretical and practical training courses on auditing and internal control.
Mr. Khalil obtained a Bachelor of Accounting from Birzeit University in 2000, and holds several additional accounting accreditations, including certified public accountant (CPA), certified internal auditor (CIA), certified project finance specialist (CPFS) and master financial controller (MFC).
Mrs. Zraiq is a pioneering business executives’ woman. She serves on the board for several private companies, she is the chairwoman of al Mustaqbal school, chairwoman of Zoom Advertising and a board member of Sahem Trading & investments company. She is also a board member representing her major shares in a publicly trading companies such as the National Bank (TNB), and the Palestine Investment & Development Company (PID).
Her wide range of specialized skills includes: financial services, real estate, media and fund management, logistical planning, operational management including multi-million dollar projects.
She is the Founder & board member of the Business Women Forum , She is a member of Rawabi Municipal Council, a board member of the Loan Fund for Undergraduate in Palestine.
Ms. Zraiq earned the Vital Voices Global Leadership Economic Empowerment Award in 2013.
She is a fellow of the Aspen Global Leadership Network (AGLN), and member of the Middle East Leadership Initiative (MELI); a member of the global Young Presidents Organization (YPO/WPO).
Mr. Melhem is a member of the board of The National Bank as well as the general manager of the Palestinian Telecommunication Group (PalTel). His primary objective at PalTel is to improve the group’s overall performance by enhancing customer experience, investing in high speedtelecommunication technologies, bringing fiber optics to the home in several cities and delivering enriched TV content and Internet-based entertainment services to customers. In addition, Mr. Melhem has launched Palestine’s firstoperational support systems transformation project,which will assure the quality of PalTel’sdata services and boost customer confidence and satisfaction.
Prior to joining PalTel in 2014, Mr. Melhem worked as the general manager of Palestine’s leading mobile operator, the Palestine Cellular Communication Company Ltd. - Jawwal. During hisfour years of service, Mr. Melhem and his team implemented a comprehensive business plan that achieved top service quality and customer satisfaction, which enabled Jawwal to maintain its position at the top ofthetelecommunication sector, despite the entry of a competing mobile operator in Palestine in 2009.Mr. Melhem began his 16-year professional career at Jawwal, occupying several managerial and c-class positions including sales director and marketing director.
Mr. Melhem is currently a member of the executive committee of the PalTel Group. He is also a board member of the PalTel Group Federation and the Golden Wheat Mills. As a sports fan, Mr. Melhem has also headed the Federation of Sports for All since 2013.
Mr. Melhem holds a Master’s in Business Administration from Birzeit University and a Bachelor of Accounting and Finance from Hebron University, Palestine.
Mr. Salfiti, an authority on the Jordanian economy and the banking sector in particular, is a board member of The National Bank on behalf of Bank al Etihad. Mr. Salfiti is the chairman of Bank al Etihad, and also serves as the chairman of the Union Financial Brokerage Company, the Union Land Development Corporation and Jordan Hotels and Tourism Company. He is the vice chairman of the Union Integrated Tourism Company and serves as a member of the board of Zara Investment Co., Union Tobacco & Cigarettes Co., the King Hussein Foundation, Amman Baccalaureate School, Jordanian Businessmen Association, Swiss Jordanian Business Club and the Jordanian British Association.
In addition, Mr. Salfiti serves on the Board of Trustees for the Red Sea Institute of Cinematic Arts, the University of Jordan, the Jordan Career Education Foundation, Jubilee School and Columbia University Middle East/Research Center – Amman. He is also a former board member of the Council of Higher Education – Ministry of Education and Scientific Research.
Prior to joining Bank al Etihad in 1997, Mr. Salfiti was the general manager of the Union Bank for Savings and Investment for nine years. The Union Bank was formed out of the Arab Finance Corporation, a business which Mr. Salfiti worked at as the deputy general manager from 1986 to 1989. The Arab Finance Corporation evolved from Mr. Salfiti’s family business Salfiti & Sons Exchange Company where he was the general manager from 1975 to 1987.
Mr. Salfiti was born in Jaffa in 1944. He obtained a Bachelor of Arts, majoring in Economics from the American University of Beirut in 1967.
Prof. Grace Khoury
Dr. Grace Khoury is the former dean of the Faculty of Business and Economics. She is an associate professor of management and has been the director of MBA program at Birzeit University in Palestine for six years. She has over twenty seven years of experience as a university professor, administrator, students’ career advisor, researcher, management trainer and consultant at private and public organizations. She is also the marketing director of her family owned business Taybeh Brewing Company. She holds an MBA from Suffolk University, USA, and PhD in human resource management from Bradford University, UK. She served as a university council member, an academic council member and on a number of university and community committees. She obtained certificates in project management and customer relationship management. She has published a number of management case studies and research articles in several academic journals and participated in international conferences. She is co-editor of a case book titled Rising to the Digital Challenge: Lessons from Mediterranean Enterprises (2005). She is co-author of “The Palestinian Executive: Leadership under Challenging Conditions”, Gower, UK (2012). She is also a co-editor of a book titled “Cases on Management and Organizational Behavior in an Arab Context”, IGI, USA (2014) in which she is a co-author of two chapters. Dr. Khoury is a reviewer for a number of management journals and a member of the editorial board of The Learning Organization, Emerald.
Aziz Abdul Jawad
Mr. Aziz Abdul Jawad has been a consultant for Al-Wataniya Insurance Company’s Board of Directors since the beginning of 2012, and also acts as a board member of the company. He has also held the position of chairman of the board of directors of Al-Abraj National Company since 2014. Mr. Abdul Jawad holds a seat on the Board of Directors of Safa Bank and the International Chamber of Commerce (ICC). In 2009, and for a period of two years, Mr. Abdul Jawad was the chief executive officer of the Al-Wataniya Insurance Company, after having held the position of general manager for 15 years.
Mr. Abdul Jawad's experience expands from 1967, when he started his career at the Kuwait Insurance Company, where he held a number of vital positions, the last of which was the deputy general manager. In 1994, he was selected as the representative of the Palestinian Market at the Council of the General Arab Insurance Federation and continued until 2007. Mr. Abdul Jawad has been a board member for numerous companies and organizations, including the Palestinian Capital Market Authority, Al-Nokhba Company for Medical Services and Consultations, Mt. David Hospital Company, and the Palestinian Road Accident Casulties Compensation Fund. In 2008, he became the chairman of the Board of Directors of the Palestinian Road Accident Victims Compensation Fund. Mr. Abdul Jawad obtained his Bachelor’s degree in Accounting from the University of Cairo.
Kamal Abu Khadijeh
Mr. Abu Khadijeh is a board member of The National Bank on behalf of the Palestinian Telecommunication Group (PalTel). He was the deputy chief executive officer and chief financial officer (CFO) of PalTel from 2007 until 2012. Prior to this Mr. Abu Khadijeh worked as the CFO of the National Beverage Company/ Coca-Cola Beverage Company in Palestine.
Previously, Mr. Abu Khadijeh worked at the Arab Palestinian Investment Company, where he was appointed asfinancial manager for two companies: the Medical Supplies and Services (representing multinational healthcare companies, such as Eli Lilly, Abbot, and Nivea); and the Unipal General Trading Company (representing Philip Morris, Procter & Gamble and other multinationals).
Mr. Abu Khadijeh holds a Master of Business Administration from the Kellogg School of Management, Northwestern University, and a Bachelor of Accounting from Birzeit University.