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

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.

Ex-Swiss central bank head to join BlackRock ‎

He brings to his role almost 20 years of distinguished leadership experience across asset management and banking, most recently as Chairman of the Swiss National Bank

Dubai Holding establishes Board of Directors for Dubai Properties Group

Ahmad Bin Byat, Chief Executive Officer of Dubai Holding, said, "We recognise the significance of strong corporate governance especially in large diversified operations such as ours.

RBC Wealth Management Adds To Middle East, Levant Desk‎

He moves to London from the United Arab Emirates, where he worked for Credit Suisse Private Banking.

Barclays expands regional wealth management team

They will both be responsible for extending the full range of Wealth and Investment Management solutions to Barclays’ clients across the Lower Gulf region.

NJ Global Invest Limited joins DIFC

Kalpesh Mehta, Director, NJ Global Invest said: "DIFC was an obvious choice for us when we decided to start an office in Dubai. It provides the gateway to the entire Middle East and will help us expand rapidly in this ever growing region.

New directors named for Gulf Finance Corp

Schubert is a chartered director of the Institute of Directors (IOD) in the UK and serves as a non-executive director on multiple boards throughout Europe and the Middle East. Previously, Schubert was the CEO of the Dubai International Financial Exchange.

Citibank bucks the trend in Bahrain by boosting staff

The bank also opened a new branch last year and increased the size of its ATM network.

NBAD Appoints New GM of Elite Banking

He will lead NBAD's strategy to expand its ground-breaking concepts in consumer banking and significantly increase personal banking clients.

DBWC discusses sustainable business practices during Network Majlis session

The discussions tackled various issues related to sustainability, including the emergence of low carbon economies that are becoming a major change driver across national economies and industry sectors.

Northern Trust appoints Middle East head

Working with regional management, and drawing on Northern Trust's asset servicing, asset management and wealth management expertise serving institutional asset owners, asset managers and family office clients, Woldt will lead expansion in the Middle

Standard Chartered taps new exec for Mena and Pakistan region

In his new role, Morad will lead the Bank's Origination and Client Coverage Group, which shapes the client-centric strategy of deepening client relationships across the Bank's business in the region.

Another Top-Level Appointment At Coutts‎

He joins from Credit Suisse

Ex-Barclays Wealth MD to lead Coutts' Asia push

will be based in Singapore, follows a raft of appointments in the products and services team at Coutts

Emirates NBD names new investment banking unit chief

He replaces Suresh Kumar, who left the bank in January.

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