Ayman Sejiny named new chief executive of ICD

Ayman Amin Sejiny
Updated 13 October 2018
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Ayman Sejiny named new chief executive of ICD

Ayman Amin Sejiny has been named as the new CEO of the Islamic Corporation for the Development of the Private Sector (ICD).

The board of directors of the ICD in their 91st meeting held on Sept. 3 approved Sejiny’s appointment.

Dr. Bandar Hajjjar, president of Islamic Development Bank (IsDB) Group and chairman of the ICD board of directors, said: “After a rigorous search, the board concluded that Ayman’s considerable experience in the banking sector, along with his strong track record of success as a CEO, made him an outstanding candidate for the role. Ayman has demonstrated throughout his career the ability to work successfully in different environments, designing and leading strategies which resulted in impressive value creation. I look forward to working with him to create the next chapter of ICD’s story of success.” 

Sejiny said: “I have admired ICD from the outside for many years and am delighted, therefore, to have been chosen to lead the corporation in the next exciting phase of its journey. I greatly look forward to meeting employees, leaders, customers and other stakeholders after I join in October and to working with them to achieve further success in the years to come.”

Sejiny has served as the chief executive of Ibdar Bank BSC, Bank Alkhair, and Barclays Capital Saudi Arabia, and as the chairman of Open-Silicon Inc. and Bahrain Financing Company Group. He was also a board member of Unicorn Bahrain. Sejiny has in-depth knowledge of the financial sector and has over 24 years of experience in investment and corporate banking in the local, regional and international markets. 

He has held senior roles in a number of regional and international financial institutions, including Citi Bank and ABN AMRO affiliate in Saudi Arabia (SAMBA and Saudi Hollandi Bank). Sejiny holds a BA in finance from the Eastern Michigan University, US.


CMRC admits first patients to new Saudi clinic

Updated 21 May 2019
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CMRC admits first patients to new Saudi clinic

Cambridge Medical and Rehabilitation Center (CMRC), a top post-acute rehabilitation and long-term care facility in the UAE, has admitted 15 patients to its first medical facility in Saudi Arabia. 

CMRC’s new 60-bed clinic, located between Dhahran and Alkhobar, aims to help patients requiring post-acute care and rehabilitation services to make large improvements in their quality of life through multidisciplinary rehabilitative therapies including physiatry, physiotherapy, occupational therapy, speech and language therapy, and multi-sensory room sessions. 

The facility is staffed by multiple clinical experts including GPs, internal medicine consultants, pediatricians, ICU intensivists, rehabilitation consultants, psychologists and therapists, and will service patients across the eastern region of Saudi Arabia. 

It follows the same clinical procedures and protocols successfully implemented in facilities in the UAE, similarly benefiting from the center’s international partnership with the Spaulding Rehabilitation Network, a teaching affiliate of Harvard Medical School, and accreditations from Joint Commission International, CARF and Planetree.

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CMRC, a portfolio company of health care specialist investor TVM Capital Healthcare, also operates facilities in Abu Dhabi and Al-Ain in the UAE.

CMRC Group CEO Dr. Howard S. Podolsky said: “We expand into countries where there is notable demand for post-acute care and rehabilitation services. Like many countries around the world, Saudi Arabia is experiencing a rise in the incidence of non-communicable diseases, birth defects, and life-threatening injuries. Our new facility brings our world-class medical treatment, care, and rehabilitation therapies to the Kingdom through a truly patient-centric approach.”

He added: “We look forward to helping families in the region improve their quality of life and using our international expertise and specialized workforce to support the government of Saudi Arabia’s focus on health care development, as part of Saudi Vision 2030.” 

CMRC, a portfolio company of health care specialist investor TVM Capital Healthcare, also operates facilities in Abu Dhabi and Al-Ain in the UAE.

Dr. Helmut Schuehsler, CEO of TVM Capital Healthcare and board member of CMRC, said: “We believe that private equity investment should be a force for good, and that by working in health care, we have a real opportunity to make a difference to patients’ lives. Therefore, we conceptualized and invested in CMRC in the UAE to cater to those in need of post-acute care and an elevated level of rehabilitation. CMRC grew to be the leading post-acute care and rehabilitation provider in the UAE. We are very happy to bring the offer to the people of Saudi Arabia now.”

CMRC offers both inpatient services at its medical centers and outpatient therapy, where patients follow a rehabilitation program after discharge. The company employs more than 500 staff members across all facilities.