Mazad, an online auctions platform based in Bahrain, and a local portfolio company of Bahrain Mumtalakat Holding Company (Mumtalakat), announced the appointment of Nezar Hasan Habib as Chief Executive Officer, effective 20 July 2025.

Habib brings over twenty years of leadership experience across the telecom and banking sectors in Bahrain and the UAE, and most recently served as Director of SME at STC Bahrain. He has a proven track record of building high-performing teams, leading impactful marketing initiatives, crafting innovative go-to-market strategies, and driving business growth, the company said in a press release.

Commenting on the appointment, Marwa Khaled Al Saad, Chairman of Mazad's Board of Directors, stated: "We are delighted to welcome Nezar as our new Chief Executive Officer. Mazad's entering its next phase with a clear strategy and an exceptional team. We continue to strengthen our core business through deeper government partnerships, while diversifying our portfolio, expanding into new segments, and building a customer-first organisation that creates sustainable, long term value for our stakeholders." 

Commenting on his appointment, Habib said: "It is an honour to be entrusted with the responsibility of leading Mazad as its Chief Executive Officer. The company has earned a distinguished reputation as a trusted and forward-thinking leader in the auction industry, and I am excited by the strategic plans we have envisioned to shape its next phase of growth.

Habib further added that he is committed to building Mazad's strong foundation by accelerating innovation, strengthening operational excellence and positioning the company as a benchmark across the region. "I look forward to working in close collaboration with the Board and our exceptional team to unlock new avenues of growth and elevate Mazad to new heights of success," he said.