CORPORATE GOVERNANCE LEADERSHIP IN MASRAF AL RAYAN

Transcription

1 CORPORATE PROFILE

2 CONTENTS Corporate Governance 2 Board of Directors 2 Top 10 Shareholders 3 Organizational Chart 4 Dr Hussain Ali Al Abdulla - Chairman & Managing Director 5 Adel Mustafawi - Group Chief Executive Officer 5 Vision, Mission and Strategy 6 Linkage of Financial and Real Economy 7 Creation of a World-class Islamic Finance Institution 8 Masraf Al Rayan Group Companies 9 Capitalisation 10 Financial Highlights 11 Al Rayan Bank PLC 14 Deal Track Record 15 Masraf Al Rayan Branch Network 18

3 CORPORATE GOVERNANCE Masraf Al Rayan continues to comply with the governance guidelines, as per the 2nd and 3rd articles of the Corporate Governance Guidelines for Shareholding Companies in the main market regulated by Financial Markets Authority, as well as complying with the Central Bank Corporate Governance Guidelines for Banks and Financial Institution; all the while looking forward to achieving even more transparency and a higher level of client and shareholder trust. BOARD COMMITTEES Executive Committee Risk and Policy Committee Group Investment Committee Remuneration Committee Nomination and Governance Committee Audit and Compliance Committee LEADERSHIP IN MASRAF AL RAYAN BOARD OF DIRECTORS Dr. Hussain Ali Al Abdulla Chairman & Managing Director Dr. Menahi Khalid M. A. Al Hajri Board Member Sheikh Faisal Bin Saud Al-Thani Board Member Mr. Abdulla Ahmed Al Maleki Al Jahni Board Member Dr. Thani Abdulrahman Al Kuwari Vice Chairman Mr. Turki Mohammed Al Khater Board Member Sheikh Nasser Bin Hamad Bin Nasser Al Thani Board Member Mr. Khalaf Sultan Al Dhaheri Board Member Mr. Nasser Mohamed Al-Abdulla Board Member 02

4 TOP 10 SHAREHOLDERS No. Name Type Nationality Shares % 1. Holding Company Government 89,200, Armed Forces Portfolio Government 69,857, Pension Fund-General Retirement and Social Insurance Authority Government 17,500, Al Mirqab Capital Commercial 17,004, Burooq Commercial Commercial 13,950, Manazil Commercial Commercial 13,557, Foundation Fund Government 13,400, Education and Health Fund Government 13,400, National Fund 4 Commercial 12,319, National Fund 9 Commercial 12,072,

5 ORGANIZATIONAL CHART SHARI A BOARD SHAREHOLDERS BOARD OF DIRECTORS AUDIT & COMPLIANCE COMMITTEE BOARD SECRETARY EXECUTIVE COMMITTEE REMUNERATION COMMITTEE NOMINATIONS AND GOVERNANCE COMMITTEE RISK AND POLICY COMMITTEE GROUP INVESTMENT COMMITTEE CHIEF INTERNAL AUDITOR CHAIRMAN & MD EXECUTIVE MANAGER, SHARIA AUDIT GROUP CHIEF EXECUTIVE OFFICER HEAD OF COMPLIANCE EXECUTIVE ASSISTANT GENERAL LEGAL COUNSEL, HEAD OF LEGAL GM, BANKING BUSINESS GROUP CHIEF OPERATING OFFICER GM, FINANCIAL CONTROLS GM, CHIEF RISK OFFICER CEO, AL RAYAN VENTURES GM, ENGINEERING & REAL ESTATE AGM, RETAIL & PRIVATE BANKING AGM, HEAD OF TREASURY AGM, HEAD OF CORPORATE BANKING AGM, HEAD OF SME INFORMATION TECHNOLOGY HR & ADMIN CENTRAL OPERATIONS CORPORATE COMMUNICATIONS CREDIT RISK OPERATIONAL & MARKET RISK SERVICE QUALITY CARDS CENTER 04

6 DR HUSSAIN ALI AL ABDULLA Chairman & Managing Director ADEL MUSTAFAWI Group Chief Executive Officer Dr Hussain Al Abdulla is a Minister of State and Board Member of Investment Authority. He is also a member of Supreme Council for Economic Affairs and Investment. Adel Mustafawi has more than twenty four years of experience in Banking, Investment and capital markets. He is a graduate of the University of Arizona, USA, majoring in Finance. He also chairs and serves on various boards of public and private companies in and internationally such as: Chairman & Managing Director Masraf Al Rayan. Board Director Gulf Investment Corporation Kuwait. Board Director Volkswagen Germany. Chairman Kirnaf Installment & Investment Saudi Arabia. Dr Al Abdulla has a Ph.D. in Economics from Bradford University, United Kingdom. In addition to his position as Group CEO of Masraf Al Rayan, Adel Mustafawi is a: Board Member of Kirnaf Investment & Installment, Saudi Arabia Board Member of Al Rayan Bank - UK Vice Chairman of Sports Investment Vice Chairman of Paris Saint-Germain Board Member of Malomatia 05

7 VISION, MISSION AND STRATEGY Vision To become the leading Islamic bank within and the World, by offering a broad spectrum of Shari a-compliant products and services, through efficient and reliable channels, to all sectors of the market in which it operates; and to maintain its twin objectives of furnishing a high return on shareholder investment and satisfying its individual customers. Mission To build a well-balanced financial institution across Retail, Wholesale, Advisory and Asset Management services. To provide market-leading financial services holding Shari a principles at the heart of all activities. To build a solid and well recognized service delivery and brand distinction expertise. To become a market leader through expertise in financing, advisory services and international offerings. To build a strong franchise servicing both Islamic and conventional customers, first in the GCC and then beyond. To focus on product and service innovation delivered according to international standards. To prudently use its large capital and its strong diverse shareholder base. Strategy Connect the financial and real economies into one efficient capital allocation system Expand our commercial banking capabilities by increasing our footprint and penetrations through GCC. Develop new and innovative Shari a-compliant products and services. Bridging Asia, Middle East and Europe in terms of trade and banking services. Aggressively pursue an organic and acquisition based expansion strategy. To prudently use Masraf Al Rayan s large capital foundation and its diverse shareholders rights. To create an environment that is conducive to improving individuals and groups that make up the society. 06

8 LINKAGE OF FINANCIAL AND REAL ECONOMY Islamic Finance Islamic Finance FINANCIAL ECONOMY Islamic Finance REAL ECONOMY Islamic Finance AN IDEAL ISLAMIC FINANCE MODEL LINKS THE REAL AND FINANCIAL ECONOMIES 07

9 CREATION OF A WORLD-CLASS ISLAMIC FINANCE INSTITUTION Utilities Equipment Leasing MASRAF AL RAYAN GROUP Commercial Banking Investment Banking Real Estate General Industries Health Care Takaful Oil & Gas Drive and Lead the Islamic Finance Industry Create value for shareholders Create value for society Ensure better matching of risk and rewards Channel funds to various sectors in the real economy 08

10 MASRAF AL RAYAN GROUP COMPANIES Name Type of Investment Nature of Business Country Ownership Al Rayan Investment (ARI) Subsidiary Investment Banking 100% Al Rayan Financial Brokerage Subsidiary Brokerage House 100% Al Rayan Partners Subsidiary Real Estate Project 100% Al Rayan (UK) Limited Subsidiary Banking United Kingdom 100% Ci-San Trading W.L.L. Associate Trading 50% Kirnaf Installment Co. Associate Installment Financing Saudi Arabia 48% Linc Facility Services Associate Facilities Management 33% Daman Insurance Associate Insurance 20% Oman National Mass Housing Associate Real Estate Investment Oman 20% 09

11 CAPITALISATION Strong Capital Adequacy Ratio - Basel III High quality capital ratio CET Tier 1 capital almost 100% of capital Strong CAR% in excess of QCB minimum requirements (which is in excess of Basel Committee minimum requirements) Prudent dividend policy linked to ICAAP requirements Equity USD Million 3,000 CAR % 2,500 2,000 1,500 1,758 2,059 1,972 2,070 2,741 2,741 25% 20% 15% 19.2% 22.1% 16.9% 20.6% 18.4% 18.34% 1, % 5% 12.5% 10% 10% 10% 10% 10% June 2015 Tier 1 Tier 2 0% June 2015 Capital Adequacy Ratio QCB Minimum 10 USD 1 = QAR

12 FINANCIAL HIGHLIGHTS Equity Pre-Appropriation (USD Million) 3,500 Net Profit (USD Million) 600 3,000 2,500 2,000 1,500 1,000 1,958 2,336 2,636 2,891 3,119 3, June June Year CAGR 12.3% Growth for the year 7.9% Return on Equity 19.0% 5-Year CAGR 13.4% Growth for the year 17.6% USD 1 = QAR

13 FINANCIAL HIGHLIGHTS Total Assets (USD Million) 25,000 Financing Activities (USD Million) 20,000 20,000 15,000 10,000 5,000 9,527 15,182 16,929 18,280 22,001 22,340 15,000 10,000 5,000 6,885 9,550 11,460 11,383 15,906 16, June June Year CAGR 23.27% Growth for the year 20.36% Capital Adequacy Ratio 18.36% Return on Assets 2.50% 5-Year CAGR 23.29% Growth for the year 39.74% NPL Ratio 0.09% Components of Total Assets Due from banks 4.5% Cash & balances 4.1% with Central Bank 0.6% Fixed & other assets Breakdown By Sectors 8% Personal 17% Commercial Investments 18.5% 72.3% Financing activities 20% Real Estate 55% Government & Government Institutions USD 1 = QAR

14 FINANCIAL HIGHLIGHTS Investments (USD Million) 5,000 Customer s Deposits (USD Million) 20,000 4,000 3,000 2,000 1, ,727 3,997 4,550 4, ,517 June ,000 10,000 5, ,187 9,083 12,364 13,276 17, ,035 June Year CAGR 53.3% Growth for the year -10.6% Sovereign Sukuk 90.9% 5-Year CAGR 34.9% Growth for the year 29.5% Breakdown of Investments by Type Breakdown By Sectors 31% Commercial 3% Associates Properties 1% Equities 4% Sukuk 92% 15% Personal & others 54% Government & Government Institutions USD 1 = QAR

15 AL RAYAN BANK PLC Fully Shariah Compliant Retail Bank in the UK MAR completed its acquisition of Al Rayan Bank (Formerly known as Islamic Bank of Britain, IBB) in 2014 UK s first Islamic Retail Bank to gain regulatory approval Regulated by the Financial Conduct Authority and the Prudential Regulations Authority Al Rayan Bank provides Sharia compliant savings, finance and current account services to over 50,000 personal, business and premier customers Currently has six branches and three agencies, strategically located across the country Financial Highlights ( Million) Total Assets Customer Deposits Equity Net Profit / (Loss) 1.2* (5.5) *MAR acquired the Bank in February

16 DEAL TRACK RECORD Masraf Al Rayan has secured several deals covering both equity and debt offerings USD 166 Million Working Capital Financing QAR 855 Million to Finance mixed use development project QAR 2.3 Billion to Finance construction of Internal Security Camp ASHGAL QAR 493 Million to Finance construction of road infrastructure PORR, SBG & HBK JV Lead Bank QAR 4.8 Billion Financing for Rail Project Green Line QAR 11.5 Billion for construction of Msheireb Downtown Doha QAR 950 Million Al Meera Rights Issue EZDAN Holding Group QAR 1 Billion to Finance Projects & Investments PORR, SBG & HBK JV QAR 9.6 Billion Project Finance Green Line Underground USD 2.5 Billion Lead Arranger & Advisor Chelsea Barracks Land Acquisition UK 15

17 DEAL TRACK RECORD Masraf Al Rayan has secured several deals covering both equity and debt offerings GBP 757 Million Bond Facility Arranger Chelsea Barracks UK USD 225 Million Sukuk Senior Co-lead Manager Saudi Arabia Euro 457 Million Mudaraba Acquisition Finance France GBP 181 Million Bridge Financing for land acquisition Barzan Gas Company Limited USD 200 Million Syndicated Facility QAR 2 Billion Ijara Financing working capital & acqusition Lusail USD 185 Million Sole Arranger, Advisor Book Runner QAR 400 Million Bond Facility Low-cost housing QAR 1.7 Billion Ijara Financing Expansion Al Faisal Holding USD 750 Million Bilateral Facility 16

18 DEAL TRACK RECORD Masraf Al Rayan has secured several deals covering both equity and debt offerings Euro 160 Million Murabaha Acquisition Facility France USD 445 Million Sole Financial Advisor Placement Agent Underwriter & Escrow Agent First Investment Bank USD 500 Million Financial & Placement Advisory, Escrow Agent QAR 1.48 Billion Bond Facility Sidra Hospital Solar Technologies QAR 3.64 Billion Funded Facilities EZDAN Holding QAR 2 Billion Funded Facilities QAR 950 Million Rights Issue QAR 486 Million Rights Issue GBP 228 Million Property Acquisition 17

19 BeIN Sports Branch MASRAF AL RAYAN BRANCH NETWORK Grand Hamad Main Branch Grand Hamad Street Tel: Al Salam Branch Al-Shafi Street, Al Rayyan area Tel: City Center Branch City center, Doha, 1st floor Tel: / University Branch University, Female Building Tel: / Salwa Road Branch Salwa Road Tel: / The Mall Branch The Mall Complex, Gate Number 2 Tel: C -Ring Road Branch C Ring Road at Al-Emadi Financial Square Tel: Wathnan Mall Branch Wathnan Mall, North Muaither, Tel: Al Wakra Branch Al Wakra Main Road, Tel: , Fax: Olympic Committee Branch Majlis Al-Taawon Street, Olympic Tower, West Bay Tel: , Fax: Al Sadd Branch Al Sadd Street, Al Bustan Building BeIN Sports Branch Doha Tower, Al Corniche Street 18

20 Masraf Al Rayan P.O.Box 28888, Doha, Tel: Fax: