Biographies of
Board Members
H.E.
Mr.AdnanKassar
Executive Director
Chairman of the Board of Directors
Born in 1930 - Lebanon
H.E. Mr. Adnan Kassar is the Chairman & CEO of Fransabank Group and member of the Board of Directors of BLC Bank SAL and
Fransabank (France) SA. He is also the Chairman of the Supervisory Board of Fransabank OJSC in Belarus. He and his
brother Adel acquired Fransabank in 1980. Mr. Kassar served as Minister of Economy and Trade in Lebanon from 2004 to
2005 and Minister of State in Lebanon from 2009 to 2011. He was the first Arab businessman elected Chairman of the
International Chamber of Commerce (ICC) and headed the World Business Organization from 1999 to 2000. He is also former
President of the Lebanese Federation of Chambers of Commerce, Industry and Agriculture in Lebanon and headed this
Federation for over thirty years (from 1972 to 2002). He is the Honorary President of the Lebanese Economic
Organizations and Honorary Chairman of the Arab Union of Chambers which groups millions of companies and associations
from the 22 member Arab countries. He is the Honorary Chairman of the Silk Road Chamber of International Commerce
(SRCIC) elected in 2016. Mr. Kassar has received global awards and high distinguished decorations from many Heads of
States and International Organizations including the Oslo Business for Peace Award in 2014 and the “China Arab
Outstanding Contribution” Award from China's President Xi in 2016. He holds a law degree from Saint Joseph University,
Beirut and an Honorary Doctorate from the Lebanese American University.
www.adnankassar.com
Mr. Adel Kassar
Executive Director
Deputy Chairman of the Board of Directors
Born in 1932 - Lebanon
Mr. Adel Kassar is the Deputy Chairman and Chief Executive Officer of Fransabank Group. He is the Chairman of the Board
of Directors of Fransabank (France) SA. He is also the Chairman of the Board of Directors and General Manager of
Bancassurance SAL and Lebanese Leasing Company SAL. He is member of the Board of Directors of BLC Bank SAL and member of
the Supervisory Board of Fransabank OJSC in Belarus. He and his brother Adnan acquired Fransabank in 1980. He is a
former Chairman of the Association of Banks in Lebanon and is the Honorary Consul General of the Republic of Hungary in
Lebanon. He holds a degree in Lebanese and French law from Saint Joseph University, Beirut, affiliated to the Faculty of
Law of Lyon, France.
Mr. Bernd Tümmers
Non-Executive Director
Member of the Board Risk Committee
Born in 1947 - Germany
Mr. Bernd Tūmmers began his career working in various roles for large manufacturing, engineering and construction
companies in Germany and the US, before settling in for a longer stint at Ford Europe, where he prepared investment
decisions for its European subsidiaries. In 1980, he made the move to his long-term employer Deutsche Investitions- und
Entwicklungsgesellschaft mbH (DEG), Cologne - member of the KFW Banking Group. Starting as an Investment Manager
executing transaction in South Asia, he then progressed to Head of Department in charge of DEG's overall activities in
both South and East Asia; before accepting a role as Senior Vice President, as which Mr. Tūmmers was responsible for
DEG`s investments in approximately 500 companies worldwide with an investment volume of approximately USD 6 billion for
over a decade. After an internal restructuring of the company, Mr. Tümmers transitioned to a senior VP role in charge of
structured finance globally, where he oversaw the execution of on average 100 transactions annually worth circa USD 1.2
billion. After his retirement in 2012, he founded a consulting firm and became a partner of AdminiStraight GmbH, a
company advising German companies in different fields. Throughout his career, he has served as a director on numerous
boards across multiple industries on behalf of DEG in Asia, Africa and Eastern Europe. He holds an MBA from University
of Cologne, Germany.
Mrs. Magda Rizk
Non-Executive Director
Chair of the AML/CFT Board Committee
Born in 1957 - Lebanon
Rizk is the owner and manager of Rizk Real Estate and Agricultural Properties. She was member of the Risk
Management Committee at Fransabank SAL until December 2016. She was also a member of the Audit Committee at Fransabank
SAL from 2008 to 2012. She is a specialized lawyer in property law and a member of the Beirut Bar Association. She holds
a degree in Lebanese and French law from Saint Joseph University, Beirut.
Mr. Henri de Courtivron
Non-Executive Director
Chair of the Board Risk Committee
Born in 1950 - France
Mr. Henri de Courtivron joined Indosuez Bank in 1977. He was appointed to various management positions within the international network of the bank in Singapore and in London and seconded to its affiliate bank in Saudi Arabia, Banque Saudi Fransi, before returning to the Head Office in Paris. From 2007 to 2013, he served in Paris as managing director of Fransabank (France) SA, where he currently is a board member. He is also a member of the board of directors of BLC Bank in Beirut and of Kyrgyz Investment and Credit Bank in the Kyrgyz Republic. In 2015, he has been elected consular judge at the Paris Commercial Court. He graduated from ESCP Europe and holds a degree in economics from Paris X University.
H.E. Mr. Walid Daouk, Esq.
Non-Executive Director
Member of the Audit Committee, the Corporate Governance Committee, the AML/CFT Board Committee, the Remuneration
Committee and the Board Nomination Committee
Born in 1958 - Lebanon
H.E. Mr. Walid Daouk, Esq is a specialized lawyer in commercial law, civil corporate and property law. He started his
career in 1981, as an associate in Takla & Trad law firm becoming thereafter a partner. In 2005, he occupied the
position of Vice Chairman at the International Affairs Commission at the Beirut Bar Association, and in 2008, he became
a member of the Arbitration Commission. In 2011, he was appointed Minister of Information and Minister of Justice per
interim. After the termination of his appointment in 2014, he resumed his practice as lawyer, legal consultant and
managing partner in above mentioned firm. He is a lawyer and legal advisor for multinational and Lebanese companies
performing business in various fields. Also, he is a Board member of many corporations in Lebanon and abroad including
Fransabank SAL, Fransabank (France) SA, Fransabank El Djazaïr SPA, BLC Bank SAL, Semiramis SAL, Beirut Waterfront
Development SAL, Tourism and Hotel Development Company SAL. He was a member of the Board of Directors of the Council for
Development and Reconstruction of Lebanon (CDR) 2001-2004. He is the Commissioner of the Lebanese Government at the
Beirut Stock Exchange since 1994. He holds a degree in Lebanese and French law from Saint Joseph University, Beirut and
had prepared a degree in business management at the Beirut University College.
Mr. Rafic
Charafeddine
Non-Executive Director
Chair of the Remuneration Committee
Born in 1939 - Lebanon
Mr. Rafic Charafeddine is a businessman, and has participations in various companies. He deals in construction projects
and real estate investments.
Mr. Nadim Kassar
Executive Director
Chair of the Board Nomination Committee
Born in 1964 - Lebanon
Mr. Nadim Kassar is the General Manager of Fransabank SAL. He is also Chairman and General Manager of BLC Bank SAL,
Founder and Board Member of Fransa Invest Bank SAL (FIB), Founder and Chairman of Fransabank El Djazaïr SPA. In 2019,
Mr. Kassar was elected as Vice-Chairman for the Association of Banks in Lebanon (ABL), where he was Board Member since
2001. In addition, he has been nominated Co-Chairman of Mastercard Middle East and Africa Advisory Board of Directors,
while he occupied since 2005 the position of Board Member for Mastercard Incorporated Asia, Pacific, Middle East &
Africa, APMEA Regional Board of Directors. Mr. Kassar is also a Board Member of the following institutions:NetCommerce, Interbank Payment Network (IPN) SAL, Credit Card Management (CCM)
and Founder & Board Member of the American Lebanese Chamber of Commerce (ALCC).Mr. Kassar is a Member of the Lebanese International Finance Executives (LIFE) where he was a Board Member from 2009 to 2020. Mr. Kassar is also the General Manager
of A.A. Kassar SAL. He holds a bachelor's degree in business administration from the American University of Beirut.
Mr. Mohamed Ali
Beyhum
Independent Director
Member of the Board Risk Committee, the Audit Committee, the AML/CFT Board Committee, the Corporate Governance
Committee, the Remuneration Committee and the Board Nomination Committee
Born in 1963 - Lebanon
Mr. Mohamed Ali Beyhum started his banking career at Irving Trust in New York and spent 5 years with The Bank of New
York, NY. He was then appointed Vice President and Senior Representative of The Bank of New York in their regional
office in Beirut. In 2005, he joined Bankmed Group and was responsible for the strategic expansion and business
development in the MENA region and the overall restructuring of the organization. In 2010, he was appointed as Executive
General Manager at Bankmed Group and served on the boards of various banking group entities until 2018. In the 2nd
quarter of 2019, he was elected as the Chairman of Valpre Capital. Mr. Beyhum holds a master's degree in industrial
management from Columbia University, New York and a bachelor of engineering in mechanical engineering from the American
University of Beirut.