Ahmad Majid Lootah Enjoys over 20 years of practical experience in banking and financial sector, both conventional and Islamic. He is currently the CEO of Al Hilal Capital, a privately owned financial & investment development firm, providing innovative solutions for the Islamic Economy. He is a Director of Commercial Bank International PJSC (CBI) since 2014 & Union Insurance Company since 2015 along with several private companies in the UAE and abroad, in addition to serving as The Secretary General of the Bankers Group in Dubai.
He previously worked for well-known financial institutions in the UAE and abroad such as: ABN – AMRO Bank, The Finance Department at Government of Dubai and M.L. United Investments in New York. Before becoming the Chief Executive of Al Hilal Capital, He served as the head of banking services at Arab Bank for Investment and Foreign Trade and member of its executive management committees for more than eight years.
In addition to being a Chartered Accountant, Accredited Banking Expert to UAE Authorities, Anti-Fraud specialist, he is a Certified Shariah Advisor and Auditor by The Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI) and member of several of international institutes and professional associations.
He holds an Executive MBA with honours from the joint EMBA program of The University of Sharjah, American University in Beirut, and the University of Arizona. He earned his BSc. in Finance, Investments and International Business from Farmers School of Business at Miami University, USA.
In his free time, Ahmad Lootah enjoys family gatherings, reading, art, chess, motorcycling and searching for new adventures, traveling around the world exploring different cultures.