“A successful marriage requires falling in love many times, always with the same person”
Amman was appointed Chief Executive Officer of the Islamic banking business unit on 2 July 2012. After joining the team he has been working on progressive and constructive changes not just at FNB but across the Islamic banking industry.
An important element of this integration was a complete revamp of the product offering, the reformation of an internationally recognised Shari’ah Advisory Committee and the establishment of a ring fenced treasury at FirstRand level.
In addition, Amman is currently a member of the South African Banking Association’s Islamic Banking Sub-Committee and a founding member of the South African National Treasury Working Group that was responsible for the amendment of the South African National Taxation Act to include Islamic financial structures.
Prior to joining FNB, he was Managing Director of another prominent large South African bank. During his tenure over there, he launched Islamic Banking in Tanzania and introduced a practical model to many interested African countries. By mid-2011, Amman was responsible for a large part of Islamic banking operations across the African continent with that Bank.
Prior to switching to banking he spent 10 years in audit, advisory and consulting at Deloitte. He completed his articles with the Financial Services Team and thereafter headed up the Banking Regulatory, Compliance and Governance team. He also established the Deloitte South Africa “Islamic Financial Services” unit offering various Islamic advisory services and actively participated in the Deloitte Global Islamic Finance Team.
Amman completed his studies at the University of South Africa and is constantly occupied with ways in which to improve the Islamic banking industry not just for South Africa but for all of Africa.
This was recently acknowledged on the global stage, when the “Global Islamic Finance Awards” nomination committee chose him as their “Upcoming Personality in Global Islamic Finance for 2015” at a ceremony that was held in Bahrain and with FNB Islamic Banking being voted as the strongest “Islamic Retail Bank” for 2015 and 2016 in South Africa by the Islamic Retail Banking Awards Committee.
Amman is married, his wife is a business woman and together they have 5 sons. He loves reading, history and travelling to countries with rich Islamic heritage, however, unfortunately does not find enough time in his busy diary to play more golf.