MANAMA: Bahrain Mumtalakat Holding Company, the investment arm of Bahrain, has appointed Tony Robinson as its new chief financial officer.

Mr Robinson, a chartered accountant, joined Mumtalakat last year as investment manager and co-ordinator.

His responsibilities included monitoring the financial data of the portfolio companies, supporting the finance department's operations, the investment team and business development.

Prior to joining Mumtalakat, Mr Robinson held a project management position with RAC Insurance in Australia and spent 14 years at a leading investment bank in Bahrain, where he held the positions of group financial controller, chief internal auditor and senior manager of financial controls.

"I am pleased to appoint Tony Robinson as the chief financial officer of Mumtalakat," said chief executive Mahmood Al Kooheji.

"His wealth of experience at Mumtalakat and further afield makes him well-placed to help continue Mumtalakat's mission to grow the wealth of Bahrain by managing and enhancing the value of the kingdom's strategic commercial assets and entrenching high standards of corporate governance across its portfolio," he added.