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

EAB Appoints New Head of Private Banking

He has worked in multilingual and multicultural environments

PM to name VPs for Egypt's third biggest lender 'within days'

Where she increased the SMEs portfolio from 3 billion to 13 billion Egyptian pounds in 4 years disbursed to around 38,000 clients financed by banks sources in addition to 5 billion pounds credit lines from multinational institutions.

BNP Paribas Middle East COO leaves amid global retrenchment

His departure comes as the bank executes a plan to shrink its global operations by 12 percent by 2019.

Israeli regulator approves Pinto as CEO of Bank Hapoalim

Hapoalim veteran Pinto, 55, will have to navigate the bank through sweeping bank reforms.

Bahrain's Bank ABC hires as part of expansion plan

Bank ABC said on Wednesday it is seeking regulatory approval to open branches in the Dubai International Finance Centre and in Singapore.

Former HSBC exec joins Gulf Capital in Abu Dhabi

The firm is sitting on $1 billion of cash that will be deployed in Africa, the Gulf or Asia.

Amundi appoints Chief Executive Officer, Middle East

Most recently she was Head of Investors and Public Sector at Standard Chartered, covering Sovereign Wealth Funds and other institutional clients across the MENA region

Bank Sohar appoints Sasi Kumar Acting CEO

Bank Sohar is currently in merger talks with Bank Dhofar.

Dubai's Mashreq says CEO of investment unit resigns - statement

He will be replaced by Aamir Peracha, who is currently a managing director and head of equities and derivatives at the bank, the statement added.

Bank Muscat appoints new CEO for Kuwait branch

Najah brings a wealth of experience to the role which includes stints with leading banking and financial institutions in Kuwait.

BNP Paribas Securities names new UK, Middle East, South Africa head

Hayes will join BNP Paribas Securities Services June end and be based in London.

Mashreq announces new Head of its Asset Management business

Asset Management remains an important business line for Mashreq, and the Bank remains committed to growing this business.

Egypt's EFG Hermes says head of investment banking Guindy resigned

Mostafa Gad and Mohamed Fahmi had been appointed as co-heads of investment banking three months previously, the spokeswoman added.

Wells Fargo Securities Names Head of EMEA

She is based in London and jointly reports to Walter Dolhare, head of Wells Fargo Securities’ Markets Division

International law firm to add Dubai practice to international network

He also advises corporates, investment funds and Sovereign Wealth Funds on outbound investments, pre-IPO group restructurings and cross border M&A.

Ibdar Bank welcomes new board members

The board will be lead by Chairman Tareq Sadeq, who is the managing director of Keystone Consulting

Ahli Bank appoints new deputy CEO for retail banking

Al-Efrangi has been with the bank for 17 years and held several positions, including his previous stint as head of retail services.

Oman's Bank Sohar says acting CEO has resigned for personal reasons

Bank Sohar has been in talks with larger rival Bank Dhofar over a potential merger since 2013.

Columbia Threadneedle Investments Strengthens Middles East Presence With New Director Appointment

Since opening our Dubai office in early 2010, we have steadily grown our institutional business in the Middle East.

Saudi Arabia hires HSBC banker to set up debt office

Al Saif is the second HSBC banker to move into a government role in Saudi Arabia in the past few months

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