Bahrain Islamic Bank B.S.C appointed Mr. Ajay Kumar as the Chief Risk Officer, effective from 9th July 2023. An industry veteran, Jha has over 25 years of experience working in Bahrain, the Kingdom of Saudi Arabia, and India. Prior to joining BisB, he had held various roles including that of senior director and head of risk and compliance at Arab Petroleum Investments Corporation (Apicorp) and head of risk management at Al Rajhi Capital, as well as head of risk at Amlak International Finance.

He had also held several managerial positions in leading organizations in India, as lead credit and risk practice at Accenture Consulting, regional head of mortgages and branch head for Citibank - India, regional business head-mortgages at ICICI Bank and branch manager of GE Capital. Jha holds an MBA from Devi Ahilya University, Indore in the central Indian state of Madya Pradesh. He has also achieved a BSc (Honours) in Chemistry from the Ramjas College at Delhi University.