Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Alvarez & Marsal strengthens Middle East Turnaround and Restructuring practice with senior appointment

Neil Hayward joins as Managing Director to lead Turnaround and Restructuring in the Middle East

Citi announces Senior Leadership to boost Global franchise

The appointments reinforce Citi’s strategy to serve clients’ cross border needs through local expertise, global connectivity, and strong risk and controls.

Knight Frank appoints Ahmed Moustafa to lead Project & Development Services across Egypt and Africa

The appointment reflects growing demand for project management and delivery expertise in Egypt and across Africa, particularly across hospitality, mixed-use and workplace developments

Ooredoo Palestine Appoints Dr. Firas Melhem as Chairman of its Board of Directors

He currently serves as the General Director of the Palestinian Economic Policy Research Institute (MAS), and has previously held the position of Governor of the Palestinian Monetary Authority.

KPMG signals confidence in the region with new partner appointments

Welcoming Mac and Lamyaa as partners is a clear statement of KPMG’s commitment to the region

Madbouly appoints Omar Radwan as EGX Chairman for 1 year

Sadek succeeds Islam Abdel Azim Azzam, who was appointed as Chairman of the EGX in August 2025.

Saudi Arabia Business Tycoon Abudawood to join Merit Incentives Group as a Chairman of the Board

Mr. Abudawood is a distinguished business leader with a career spanning more than three decades across trading, manufacturing, distribution, and international joint ventures

Partners Group announces appointment of Abdullah Alshamlan as Head of Kuwait

The appointment follows the firm’s recent announcement regarding its office opening in Kuwait

Conyers Welcomes Middle East Specialist David Holloway

In addition to his work as legal counsel, David is regularly appointed as an arbitrator and sits on the panels of several leading international arbitral institutions in the Middle East and Asia.

Al Baraka Islamic Bank elects new board, chairman

The bank also extends its sincere thanks and appreciation to Sabah Al Moayyed for her valuable efforts and contributions during her tenure as Chairperson of the Board.

Janus Henderson appoints investment specialist to further strengthen presence in the Middle East

Her relocation to Dubai reflects the global asset manager’s long-term commitment to the Middle East and its view of the region as an integral part of its broader international growth strategy

AXA Egypt announces the appointment of Walid Samy as Managing Director of AXA Life Insurance Egypt following FRA approval

Walid Samy brings over 20 years of experience in the insurance sector, with a particular focus on individual products

FTI Consulting appoints Aurélien Vincent to lead financial services practice in the Middle East

Mr. Vincent, who is based in Dubai, will lead the firm’s financial services capabilities in the Middle East

Bonyan appoints Dar Ventures’ Aboushadi as board member

During the same month, it signed a new lease agreement for Building 106B, to be fully leased to Kortech, a subsidiary of Hassan Allam Group

Horváth strengthens Energy practice leadership in the Middle East

He joins from KBR, where he was a principal in its advisory business and formerly led its consulting offering.

Dubai-based Hoxton Wealth appoints Rob Aberdein to build international legal services arm

Board-level hire marks launch of global private client legal services division

Arab Financial Services appoints Mahmoud Ismail as managing director, Egypt and Group head of acquiring products

Mahmoud joins AFS from Adyen, where he led regional growth and planning across MEA

Standard Chartered hires Ole Matthiessen to lead new global transaction services and digital assets team for Corporate & Investment Banking

Ole brings extensive expertise across a broad spectrum of financial products, spanning transaction banking and derivatives through to structured lending solutions and capital markets

Dubai Investments appoints Nishant Shah as the chief financial officer

Nishant has been serving as the Acting Chief Financial Officer since July 2025

HDB renews Hassan Ghanem’s mandate as CEO for 2026-2029

Shareholders also approved the formation of a new board of directors for the upcoming term, after the list of nominees received clearance from the Central Bank of Egypt.

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