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

DCG appoints new managing director

He joins DCG from Ogier the offshore law firm and fiduciary group where he was a partner and group director, the statement said.

Sofgen appoints general manager for Middle East operations

Cejudo joins SOFGEN from Temenos, where he most recently served as Regional Sales Director for the Middle East, having played a leading role in developing Temenos' presence since 2006.

Standard Chartered appoints Regional Head of Consumer Banking

Raheel is taking over from Vishu Ramachandran, who will become the Chief Operating Officer for Consumer Banking at Standard Chartered Bank.

NBAD promotes senior UAE executives

Mr. Al Dhaheri, who has worked at NBAD for over 15 years, served as the General Manager and Deputy Chief Risk Officer of NBAD before his promotion.

Michael Jackson memoribilia part of U.S. case against African leader

Legislation to thwart such abuses of the U.S. financial system has failed to get traction in Congress over the years, but two Senators are pushing it again this year.

StanChart names consumer bank head for Mideast, Africa

In 2009, he became the Global Head of Distribution for the bank where he was responsible for building and implementing the Distribution Channels strategy across Branches, Phone Banking, ATMs & online banking. He also led the development of Next Genera

Seven new hires for Deutsche’s global transaction banking

Changes in the Trust & Securities Services and Cash Management for Financial Institutions business will position the business for further growth while maintaining best-in-class client service

Standard Chartered appoints Head of Origination and Client Coverage for Abu Dhabi

Bejan will report to Morad Mahlouji, Regional Head of Origination and Client Coverage for Middle East North Africa and Pakistan at Standard Chartered.

BankMuscat makes new appointments in Kuwait branch

Prior to this position, he worked in a senior capacity in the Bank's Corporate Banking division in Oman.

UAE overhauls Etisalat board after profit slump

President Sheikh Khalifa bin Zayed al-Nahyan, who is also the ruler of Abu Dhabi, issued a decree appointing Eissa al-Suwaidi as chairman to replace Mohammad Omran, plus six new government representatives to the board of directors.

Liechtenstein-based private bank hires Merrill's ME wealth chief

The bank has hired at least six private bankers from Swiss rival Clariden Leu for the business, the sources had said at the time.

Dr. Nasser Saidi stepping down from DIFC

Dr. Saidi confirmed his departure to CPI Financial in a message to Managing

BofA appoints co-heads of Global Corporate and Investment Banking

In their new roles, which are subject to the usual regulatory approvals, Bob and Diego will partner closely together to drive the growth of the bank’s corporate and investment banking franchise.

The Boston Consulting Group appoints new Partners in the Middle East

The Boston Consulting Group has recently announced the promotion of two of its Principals to Partners as part of its ongoing expansion in the Middle East.

Absa man heads to FNB’s Islamic unit

THE former head of Absa ’s Islamic banking unit, Amman Muhammad, has joined rival First National Bank (FNB) and has pledged to make it dominant in Islamic banking in SA.

Dubai Mercantile Exchange names new chief as it targets Asian markets

Since the beginning of 2012, DME has welcomed new members and shown a significant increase in volumes. Q1 2012 volumes were 57% ahead of Q1 2011 and April saw a raft of impressive figures being recorded by the Exchange.

ABN Amro Private Banking appoints COO for Asia and Middle East

ABN AMRO also announced that in recognition of the increasing business and operational synergies between Asia and the Middle East, the Bank has aligned its activities in the Middle East – particularly its Dubai operations – more closely with i

Emirates NBD appoints new General Manager for Retail Banking

Sarkar has extensive experience in the banking industry spanning 24 years in the Middle East and South Asia.

Al Jazeera Finance names CEO

Al Jazeera Finance, which is 30% owned by Qatar Islamic Bank, has appointed Amer Mohamed al-Jabri as its chief executive officer.

KPMG International taps new CIO, global tax

McGowan's chief responsibility will be to help ensure that KPMG addresses the varied tax needs of its member firms' clients using the latest technology.

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