01/18/2014
Abdul Rahim named new Ithmaar CEO
Ithmaar Bank, a leading Bahrain-based Islamic retail lender, has appointed Ahmed Abdul Rahim as the new chief executive officer.
On the Move
01/16/2014
Qatar Holding deal maker Fakhroo leaves for govt-linked role
A key mergers and acquisitions executive at Qatar Holding, instrumental in some of the fund's most high-profile deals in recent years, has left the firm for a government-related role, banking and industry sources said.
01/15/2014
Moelis to hire ex-C.Suisse banker Touma for MidEast role
Moelis & Co, an independent investment bank, is set to hire Rami Touma, previously the Qatari investment banking head for Credit Suisse
01/15/2014
Bank Hapoalim to cut 500 positions
Bank Hapoalim is drawing up a new streamlining plan, which will reportedly include the elimination of 500 positions.
01/13/2014
UBS names new head of Utilities for EMEA
Swiss bank UBS has appointed former Nomura banker Jean-Philippe Favre as head of utilities for Europe, the Middle East and Africa
01/12/2014
NBAD Appoints Head of Trade Finance in Paris
The appointment highlights NBAD 's expanded international activities.
01/10/2014
Dubai Group appoints former Emirates NBD banker as CEO - sources
Dubai Group, a unit of the investment vehicle of the ruler of the emirate which is undergoing a $10 billion debt restructuring
01/08/2014
Al-Khafrah reappointed Saudi Hollandi chairman
Saudi Hollandi Bank elected its board of directors for the new term starting from Jan. 1, 2014, to Dec. 31, 2016
01/08/2014
Trowers & Hamlins expands its UAE Islamic finance team
International law firm Trowers & Hamlins has appointed Islamic finance expert Elias Moubarak as a Senior Associate in the Banking and Finance department of its Dubai office.
01/07/2014
Former Rothschild banker to head up Global Investment House’s Banking business
He is a graduate of the London School of Economics and Political Science and brings almost 20 years of investment banking and advisory experience to Global.
01/04/2014
Accenture Announces Key Leadership Appointments
Accenture has made key appointments to its global leadership team, creating new roles in strategic areas of its business.
01/03/2014
EFG Hermes Hires Former Batelco Exec as CFO
EFG Hermes, one of the largest investment banks in the Middle East, said on Thursday it had appointed Khalid Ellaicy
01/03/2014
Speranza takes UBS FIG helm after Ellison leaves
He left the bank to pursue outside opportunities according to the memo
01/01/2014
Shuaa CEO Macdonald To Leave
Shuaa Capital, the Dubai-based investment bank, said its chief executive officer Colin Macdonald will be leaving the group upon expiry of his contract on Tuesday.
12/30/2013
Kazkommertsbank announces on changes to the Management Board
Major shareholders of Kazkommertsbank include Central Asian Investment Company and Chairman of the Board Mr. Nurzhan Subkhanberdin, Alnair Capital Holding, the Kazakh Government through the Samruk-Kazyna National Welfare Fund and the European Bank for Rec
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
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.