Autumn 2016 Issue
Group President and CEO: Mario Saradar
chairman and general manager Audi Saradar Private Banking in Lebanon and isofsimultaneously Private Banking in Lebanon and is simultaneously appointed chairman of Bank Audi Suisse. He is appointed chairman of Bank in Audi He is also appointed board member theSuisse. new alliance, also appointed board member inone the of new with Saradar Holding becoming thealliance, largest with Saradar Holding becoming one of the largest shareholders in the Audi-Saradar Group. shareholders in the Audi-Saradar Group. Throughout the years, he is repeatedly elected to Throughout he isBanks repeatedly electedand to the board of the the years, Lebanese Association thecurrently board ofathe Lebanese Banks Association and is member of the Rassemblement des is currentlyeta des member the Rassemblement Dirigeants Chefsofd’Entreprise Libanais, des the Dirigeants et des Chefs of d’Entreprise Libanais, International Chamber Commerce, and of the International Chamber of Commerce, and of the Young Presidents’ Organisation. Young Presidents’ Organisation. EXPANSION EXPANSION With his decades of experience in developing and With his prosperous decades of experience and leading companies,in developing Mario Saradar leading to prosperous companies, Mario decides leave Bank Audi in 2010 andSaradar follow decides leavevision. Bank In Audi in 2010 and Group follow his long toterm 2013, Saradar
his long aterm vision. In in 2013, Saradar Group acquires majority stake the share capital of acquires majority stake in sal the(NECB), share capital of Near EastaCommercial Bank followed Near East Commercial BankBanque sal (NECB), followed by a merger in 2014 with de l’Industrie by du a merger Banque de l’Industrie et et Travailinsal2014 (BITwith Bank). du Travail sal (BIT Bank). The dawn breaks on a new era of innovative The dawn services breaks onina new era of throughout innovative financial Lebanon, financial Lebanon, throughout the Middleservices East andinNorth Africa region, and the Middle andshareholders North Africa and beyond. TheEast bank’s areregion, composed beyond. Theofbank’s shareholders areluminaries, composed of a coterie local and international of a coterieglobal of local and international luminaries, including leaders such as Carlos Ghosn, including global Group, leaders and such prominent as Carlos Ghosn, the Wiederkehr figures the the Wiederkehr and prominent figures on Lebanese Group, scene, including the Saradars, on the Lebanese scene, includingand theShammas. Saradars, Bustanis, Mecattafs, El-Khazens, Bustanis, Mecattafs, El-Khazens, and Shammas. In addition, the bank attracted an exceptionally In addition, theofbank attracted anitsexceptionally qualified team managers to run operations. qualified of managers its operations. This, in team conjunction with toa run highly-diversified CFI.co | Capital Finance International
This, experienced in conjunctionboard with aofhighly-diversified and and directors, provides experienced of directors,leadership. provides Saradar Saradar Bankboard with exceptional Expert Bank withguidance, exceptionalmanagerial leadership.excellence, Expert strategic strategic and guidance, managerial and individual individual employee excellence, empowerment combine employee empowerment combine to bank’s foster to foster excellence in all aspects of the excellence inWith all aspects of the bank’s operations. operations. its remarkable shareholders, With its remarkable shareholders, outstanding board, motivated and outstanding empowered board, motivated empowered management management andand staff, strengthened market and staff,andstrengthened marketSaradar position, position, visionary strategy, Bankand is visionary strategy, Bankaisleading poised position not only poised not only toSaradar carve itself to the carve itself abut leading position the market in market to redefine theinmarket itself.but to redefine the market itself. Today, Mario Saradar continues to build on his Today, Mario60-year Saradar continues to build on his forefather’s legacy by seeking innovation forefather’s 60-year in legacy seekingofinnovation and improvement everyby aspect Saradar and improvement in every Bank, Bank, aspiring to ever aspect greaterof Saradar achievements aspiring ever greater achievements withand an with an to unrelenting focus on innovation unrelenting focus on innovation and creativity. i creativity.i 141 157