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

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

Mohammad Barraj Joins Guggenheim KBBO

His track record also includes advising on landmark healthcare deals including NMC Health plc IPO, Al Noor Hospitals acquisition and sale of CosmeSurge and Emirates Hospital Group, amongst others.

Falcon Private Bank boosts board

The Board of Directors of Falcon Private Bank consists of Murtadha M. Al Hashmi, Lennart Blecher, Christian Wenger, Walter Berchtold and Khaled Balama AlTameemi.

Northern Trust appoints ME sales manager

Northern Trust has been serving clients across the Middle East since 1987, providing asset servicing and asset management expertise.

Bank Hapoalim's deputy CEO to take over as CEO

A spokeswoman for Bank Hapoalim declined to comment.

DIFC Courts CEO named President-elect of International Association for Court Administration

As IACA President, he will drive forward a dynamic agenda focused on four key areas necessary to build and sustain world class judiciaries: technological innovation, judicial excellence and well-being, service standards and international connectivity.

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