Board of Directors

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Mr. Ghassan T. Assaf
Chairman General Manager
Mr. Assaf holds a Master’s degree in Economics and Finance and a Bachelor of Science degree in Electrical and Electronic Engineering from the University of Manchester - UK. He started his career at Citibank in New York - USA, in 1980, and then joined BBAC in 1985, where he was appointed Chairman General Manager in 1996.

Mr. Assaf is also the Chairman of the Corporate Governance Committee at the Association of Banks in Lebanon (ABL), and he is board member of Allianz SNA and The Capital Insurance & Reinsurance Company. He also serves on the Board of Directors of many local and international organizations, including: National Deposit Guarantee Institution (NDGI) in Lebanon, ‘Kafalat’ financial company, International Chamber of Commerce (ICC), and Lebanese-Brazilian Business Council (LBBC).

Mr. Assaf carries out many social and humanitarian activities by supporting and participating in several institutions, including: the health establishment of the Druze Community - Ain w Zein, Toufic Assaf Benevolent Cultural Center, Balamand University, and other institutions engaged in public benefit activities.

Judge Abbas Al Halabi
Vice Chairman
Judge Al Halabi has been a member of the Board since 1987 and he currently serves as the Vice Chairman of the Board, a position he has maintained since 2005. A former judge and a prominent lawyer, Judge Al Halabi is also head of the Legal Department at BBAC and a Professor of Law at many local universities.

Judge Al Halabi is a member of the board of directors of several companies. He has also established companies and various social and political associations. Judge Al Halabi holds several degrees and diplomas, including: a degree in Lebanese and French law from the Saint Joseph University in Lebanon, a degree in European Community Law from the Centre Européen Universitaire in Nancy - France, a degree in Comparative Law from the International Center of Comparative Law, a diploma from the Lebanese Institute for Judicial Studies and a D.E.S. in Private Law from the University of Paris X Nanterre in France.

Mr. Walid Assaf
Mr. Assaf was appointed to the Board in 1996. He is also the Chairman General Manager of Société Moderne pour le Commerce - S.M.L.C. s.a.l., which is the Pepsi franchise holder and bottler in Lebanon.
Mr. Assaf is a member of the Board of Directors and controller of the Association of Lebanese Industrialists and a member of the board of the American Lebanese Chamber of Commerce. He graduated from the University of Manchester-UK with a Bachelor degree in Mechanical Engineering, and later earned his Master’s degree in the same field from the Massachusetts Institute of Technology (MIT) in Boston - USA. He also holds a degree in Business Administration from the London Business School - UK.
Mr. Ali Assaf
Mr. Assaf was appointed to the Board in 2005. He began his banking career at First National Bank of Boston - USA in 1975, where he reached the position of Vice President in 1986. He then established several private companies in Jacksonville - Florida, USA.

Mr. Assaf is currently a Certified Marketing Director with Consumer Concepts, a financial services company, in Jacksonville - Florida. He is a holder of securities licenses series 6, 63 and 26, insurance licenses and a mortgage broker license from the State of Florida. He also has a Bachelor degree in Accounting and Finance from the American University of Beirut (AUB) - Lebanon and an MBA in Finance and International Business from Boston University - USA.

Mr. Marc Maamari
Mr. Maamari was appointed to the Board in 2008. He is the General Manager of two companies, the first deals with the trade and manufacturing of electronic systems, while the other deals with Internet and telecom projects. Mr. Maamari holds a Bachelor degree in Electrical Engineering from Aston University in Birmingham - UK and a Master’s degree in Industrial Administration from Carnegie Mellon University in Pittsburg, Pennsylvania - USA.
Me. Michel Tueni
Me. Tueni was appointed to the Board in 2011. In addition to being a lawyer, Me. Tueni is also a member of the Board of Directors of several companies and banks in Lebanon, an advisor to the Governor of the Central Bank of Lebanon, a consultant to several banks, publishing houses and social, commercial and political groups in Lebanon and abroad.

Me. Tueni holds a Bachelor degree and a Master’s degree in French and Lebanese Law from the Paris II University of Assas - France.

Mr. Farouk Mahfouz
Mr. Mahfouz was appointed to the Board in 2011. He was a member of the Banking Control Commission of Lebanon for 20 years and the representative of the National Deposit Guarantee Institution (NDGI) in Lebanon. Prior to that, he worked as a consultant to the office of the Lebanese Prime Minister and to several other ministers in the Cabinet, and headed many committees dealing with various public interests.

Mr. Mahfouz is a holder of Bachelor and Graduate degrees in Accounting, Economics and Political Science from the Beirut Arab University and the Lebanese University.

Me. Amine Rizk
Secretary of the Board
Me. Rizk has been Secretary of the Board since 2005. Being a lawyer, Me. Rizk has also been the legal advisor of BBAC since 1995. He holds a degree in Law and Economics and a D.E.A. in Private Law.


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