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

RBC GAM hires international CEO

He will oversee RBC GAM's business in Europe, the Middle East, Africa and the Asia-Pacific region

CEO of Dubai financial zone authority resigns

Two financial industry sources aware of the matter said the resignation was for personal reasons and that DIFC Governor Essa Kazim would continue to oversee the zone's operations

FGB announces Head of Corporate Finance Advisory appointment

FGB, one of the leading banks in the UAE, has announced the appointment of corporate finance specialist, Michael Aissaoui.

Kuwait's NBK appoints new chairman

National Bank of Kuwait, the Gulf Arab state's largest commercial lender, appointed Nasser Abdullah al-Sayer as its new chairman

FGB announces Head of Corporate Finance Advisory appointment

FGB has announced the appointment of corporate finance specialist, Michael Aissaoui. In his new role as Head of Corporate Finance Advisory within FGB’s Wholesale Banking Group, Michael will oversee the expansion of the bank’s advisory activiti

National Bank Of Kuwait Appoints Nasser Al-Sayer Chairman

He succeeds Mohammed Abdulrahman al-Bahar, who died earlier this month.

CBRE announce new Middle East appointments

The Middle East and GCC, in particular, is witnessing renewed economic activity

Dubai Islamic Bank Pakistan names Sharia head

He has also been appointed a member of the bank’s Sharia Board by the board of directors, subject to approval of the State Bank of Pakistan.

Kuwait's KFH says waiting on approval to hire new CEO

KFH, whose former chief executive Mohammed al-Omar retired in May, did not say when it expected the regulator to respond.

Noor Bank appoints new Treasurer

Noor Bank announced the appointment of Damian White as Treasurer in a statement on Sunday.

RBC Global Asset Management boosts EMEA team

The expansion follows the addition of ten global equity specialists earlier this year, bringing the total number of investment professionals and staff based in London to 45.

Takaful chairman steps down

Al Qubaisi was reported to have said that Takaful is in the process of obtaining an international financial rating.

State Street appoints head of strategic market initiatives for EMEA

He joins from JP Morgan Chase, where he was most recently head of prospect sales for EMEA.

Commercial Bank announces new executive appointment

I am proud to be joining Commercial Bank at this important time

National Bank of Kuwait says consumer banking head resigns

National Bank of Kuwait, the Gulf Arab state's largest commercial lender, said in a bourse statement on Monday that its head of consumer banking has submitted his resignation.

Dubai staff said to go in JPMorgan job cuts

JPMorgan’s corporate and investment bank posted a 12 percent revenue drop to $17.6 billion in the first six months of 2014.

NBAD asset management MD and CIO steps down

Watts joined the business in May 2010 as head of fixed income for NBAD’s asset management group – a role which he held for two years until being promoted to the position from which he now departs.

Qatari lender Al Khaliji names acting CEO

Qatar's Al Khaliji Commercial Bank has named Hesham Ezzdine as its acting group chief executive officer, a statement from the bank said on Monday.

NBAD appoints MD to expand services to energy and resources sector

Energy and resources is one of the key industrial sectors that align to NBAD's global growth strategies, and will be an area of focus for the Bank.

Saudi King Appoints Al-Furaih as Deputy Central Bank Governor

Last year, the central bank appointed Abdulaziz Al-Helaissi, head of JPMorgan Chase & Co. (JPM)’s Saudi operations, as deputy governor of supervision.

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