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

ADS Makes Two Senior Appointments, Promoting Ryan Lemand and Marcelo Vasques

After a year at ADS Securities, both Lemand and Vasques have found themselves elevated to key roles.

Abu Dhabi Wealth Fund Hires Citigroup Banker as Transition Head

He was previously global head of transition management at Citigroup and will report to Salem Alblooshi, executive director of central dealing department.

Turkey appoints academic as central bank deputy governor

Turkey appointed an academic who previously worked at Citigroup and HSBC in London as a deputy central bank governor, the official gazette said.

Mashreq appoints Basker Rangachari as the new Head of Marketing & Customer Experience

Basker will be responsible for driving the bank's brand and marketing strategies, customer communications, analytics and digital marketing.

Swiss private bank replaces CEO with ex-Credit Suisse exec

He was named Head Private Banking of Credit Suisse Group in 2004. In 2011 he gave up the operational responsibility and continued to serve as Chairman of the Private Banking division.

United Arab Emirates Accepts Appointment of St. Kitts and Nevis New Consul General

He was also a Research Fellow at the CARICOM Office of Trade Negotiations and represented the Federation at numerous trade negotiations.

New judge joins ADGM

Since 2012, he has been sitting as a part-time judge in the Inner House of the Court of Session – the Scottish civil appeal court.

Citibank’s UAE chief says it is her ‘destiny to give something back’

When Sheikh Zayed was paving the way for nationhood, and she enjoyed a long stint as head of private banking for Citi in the UAE.

Four top Interior Ministry officials retired

The decision included the promotion of the major generals to lieutenant generals and the brigadier to major general.

OMD managing director Nadim Samara promoted to UAE CEO

Under his leadership, OMD has picked up a number of big regional accounts including Nissan, flydubai and Abu Dhabi Commerical Bank.

Mashreq strengthens leadership team with new Head of Asset Management Business

Mashreq said: “Christophe brings a wealth of investing experience to his new role.

Abu Dhabi fund ADIA appoints Beaton global operations head

According to the statement, Beaton will be responsible, together with other members of senior management

Al Hilal Bank reinforces its leadership team

Mr. Sandeela led executive roles in renowned financial organizations where he established strong connections and ties with key regulators regionally and internationally

Emirates NBD’s Islamic arm cuts over 100 jobs

Earlier this year, Emirates Islamic cut around 200 jobs

Saxo Bank continues MENA region build-out with key management appointments

Anwaar Ahmed has also joined Saxo Bank as Head of Institutional Business Development MENA

Mashreq Capital’s CEO Said to Leave After Month in the Job

Mashreq Capital oversees about $1.6 billion across equity and fixed-income funds.

Al Hilal Bank’s new CIO looks to collaborate with fintechs

It is based in Abu Dhabi, having been founded by the Abu Dhabi Investment Council.

UAE’s Dhabi Group appoints new chief executive

Dhabi Group has investments across sectors including telecommunications, financial services, real estate, energy, health care and construction in the UAE, Pakistan, Turkey, Georgia, Africa and the United States.

Panmure Gordon appoints new director

QInvest has been a very supportive major shareholder since August 2009

NBAD group chief executive steps down

“NBAD approaches the merger with FGB in a strong financial and risk position, recognised as the safest bank in emerging markets and the highest rated bank in the UAE."

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