On the Move

01/24/2012

NBAD appoints new mergers head

Michael Aissaoui joins NBAD from Société Générale in Paris where he served as head of M&A for the Mena region, a statement from the bank said.

01/19/2012

Birla Sun Said to Hire Abu Dhabi Sovereign Wealth Fund’s Vora

Vora, who has worked at the Abu Dhabi Investment Authority since March 2009, will manage 35 billion rupees ($686 million) in offshore equities for the Indian asset manager, the official said declining to be identified before a public announcement.

01/19/2012

Ajman Bank appoints acting CEO

He replaces Mubashar Khokhar, the previous CEO, who has resigned from his position with the bank citing personal reasons as the motivation for his departure.

01/18/2012

DIB taps new SVP-Head of central operations

Mr. Al Falasi holds a Bachelor of Science degree from the University of Arkansas at Little Rock. Most recently he held the position of SVP - Head of Direct Sales and Alternative Channels at one of the region's largest banks.

01/18/2012

Deloitte expands Mideast operations

A number of additional appointments and transfers reflect the firm's focus on addressing client needs in growth sectors in the region, including Energy, Oil & Gas, Telecommunications, Technology, Hospitality and Financial Services.

01/18/2012

Ahlibank to launch Islamic banking services in Oman

The bank’s Islamic banking operations will be segregated from its conventional counterpart in all aspects. Furthermore, in line with CBO requirements, the bank will also have four-member Shari’ah board to ensure the operations are in complianc