12/20/2013
Legendary banker to retire
No announcement was made regarding the succession but the bank is well staffed with senior leadership including Deputy Group CEO Isam Al-Sager and Kuwait CEO Shaikha Al-Bahar
On the Move
12/17/2013
EFG Hermes Appoints New Group Co-CEO
EFG Hermes, a leading investment bank in the MENA region, has appointed Karim Awad as Group Co-CEO of EFG Hermes Holding with immediate effect.
12/17/2013
Bahrain's GFH names Rayes as permanent CEO
The sharia-compliant investment house was hit hard by the global financial crisis and it was forced to restructure a number of debt facilities - some more than once - since 2009.
12/16/2013
JP Morgan promotes two to senior roles in Saudi Arabia
JP Morgan Chase has promoted two bankers to senior roles in Saudi Arabia
12/16/2013
Ahlibank’s chief executive resigns
Sources said that Al Balushi has been working in the banking sector for almost 28 years and now he would like to do something different.
12/10/2013
DeVere’s O’Leary appointed to lead Acuma in UAE
The deVere Group has appointed former Geneva based area manager Noel O’Leary to head its recently acquired UAE business, Acuma.
12/10/2013
DeVere’s O’Leary appointed to lead Acuma in UAE
Green added that O’Leary “has joined Acuma to take advantage of the exciting new opportunities that our acquisition of it has presented”.
12/03/2013
Kuwait's Global to hire ex-Barclays banker as investment bank head: Sources
Global Investment House is set to hire Michael Helou, a former senior banker at Barclays, as its investment banking head
12/03/2013
Mirae Asset expands into Middle East
Seoul-based Mirae Asset Global Investments Group is planning to become one of the first Asian asset management companies to set up a distribution team focused on selling into the Middle East.
12/03/2013
UBS hires Turkey country head
Prior to joining UBS, Cagan was head of wealth management for Turkey at Morgan Stanley. She previously worked as country head for Turkey at Citibank private bank.
11/28/2013
Billionaire Alwaleed’s CFO Said to Quit Kingdom Holding for U.S.
Sanbar is stepping down after more than eight years with Riyadh-based Kingdom to move with his family to the U.S.
11/25/2013
CBD announces the name of its New Head of Commercial Banking Group
The newly appointed official, who has completed Masters' degree in Business Administration, joined the CBD in 1988 as a credit officer.
11/24/2013
Deloitte Admits 55 Partners, Principals and Directors to Boost Middle East markets Services
Global and regional partners from Deloitte gathered this month in Dubai for the Deloitte Middle East’s annual partners meeting.
11/23/2013
Abraaj Group's Senior Partner Leaves Firm
A senior partner at emerging markets-focused private equity firm Abraaj Group, has left the company.
11/23/2013
Abu Dhabi investment firm TNI names new CEO to replace Osmansoy
The National Investor, has appointed a new chief executive officer to replace Orhan Osmansoy
11/20/2013
Anat Levin named as next Migdal Insurance CEO
Levin will be stepping down as deputy CEO and head of financial markets at Bank Hapoalim.
11/19/2013
NCB Capital appoints acting CEO
Following a successful career over a number of years at both NCB and NCB Capital, Al-Halabi is leaving to pursue other career opportunities.
11/18/2013
Barwa Bank gets new capital financing head
He will focus on managing the growth of the bank's sukuk, syndicated finance, project finance and structured finance product offering.
11/17/2013
Qatar First Bank Appoints New Chief Business Officer
As Chief Business Officer at QFB, He will be responsible for overseeing all commercial banking activities including business dement, client operations, and building strategic partnerships.
11/15/2013
Ajman Bank Appoints new CEO
In his distinguished and successful career in financial services, Mr. Amiri has been associated with leading organizations such as Dubai Bank, Dubai Islamic Bank and HSBC Bank Middle East Limited in senior management positions.