Dr. El Jaroudi started his experience in the Gulf region in the 1970s as a consultant with Booz Allen & Hamilton, in the UAE and the Kingdom of Saudi Arabia (KSA), after which he held various senior executive positions with the large conglomerate; Al Mawarid Group in KSA.
In 1996 he co-established the Middle East Capital Group (MECG) in Lebanon, the region’s first merchant bank with a pan-Arab focus. He assumed senior positions with Dar Al Mal Al Islami of Geneva (DMI Trust), the Islamic Investment Company of the Gulf (IICG) and Shamil Bank. Dr. El Jaroudi played a pivotal role in the establishment of Arab Finance House (AFH) in Lebanon for over 3 years before being appointed Chief Executive Officer of Elaf Bank in Bahrain. In April 2012 Dr. El Jaroudi was the first chief Executive Officer of Bank Nizwa, the first Islamic Bank in Oman.
Dr. El Jaroudi holds an MBA from Columbia University in New York and a PhD in Finance from Kellogg School of Management, Northwestern University in Illinois, USA. In addition to his posts in NGOs and charitable organizations, he is a Board member of the Beirut Islamic University, a member of the Board of Trustees of the Lebanese American University, LAU Institute of Family Businesses and a member of the Governing Council of INCEIF, the Global University of Islamic Finance in Malaysia. Dr. El Jaroudi was invited to join the Global Islamic Financial Investment Group chaired by the UK Minister Rt Hon. Baroness Warsi with the objective to develop the Islamic finance industry in the United Kingdom and help UK issue its first sovereign sukuk.
Dr El Jaroudi was appointed as a Board of Trustee Member to the newly established prize; the “Arab Investor Award for outstanding achievements” and a Board member to the newly formed fin-tech company Finocracy; which will sponsor, support and help new ventures to grow in the fin-tech field.
Most of the companies led by Dr. El Jaroudi were awarded different prizes such as Best Run Organizations, Best IT Systems, Best Web Sites, and most importantly Best Care Taker of its employees.
In recognition of his contributions, Dr. El Jaroudi was named ‘Islamic Finance Personality of the Year’ at the 4th Annual Global Islamic Finance Awards 2014.
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