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

Michele Carriero joins Ankura’s Data & Technology practice

Ankura has strengthened its Data & Technology wing in the Middle East with Michele Carriero.

Malachy McAllister appointed as Chief Executive Officer of AfrAsia Bank

A seasoned banker with a track record of strategic leadership spanning multiple continents, Malachy has led critical businesses at HSBC in China, Malaysia and France before taking up the role of CEO of HSBC Russia in 2015.

Oliver Wyman announces partner promotions for the Middle East

As part of the global promotion scheme

LGT Poaches Middle East Expert From Amundi

Prior to his appointment El Burji worked at Amundi Asset Management, where he dealt with institutional investors and led the third-party distribution business in the Middle East.

Global hires drive change at Mashreq Bank

Ahmed Abdelaal is the first non-Ghurair family member to lead Mashreq Bank.

Turkey names new finance minister as lira slides

The country's currency has lost more than 44 per cent of its value against the US dollar this year

Jad Haddad, Mustafa Domanic and Syed Jafri partner at Oliver Wyman

With offices in 60 cities across 25+ countries, Oliver Wyman is one of the globe’s largest strategy and management consulting firms.

SEDCO appoints new CEO

Rayyan Mohammed Nagadi as its new Chief Executive Officer

LGT Poaches Middle East Expert From Amundi

El Burji's hire «is a confirmation of our commitment to the region and to the partnerships we have built with our clients there,» managing partner Pius Fritschi said in the statement.

Bahrain Development Bank appoints CEO

Prior to joining BDB, Mrs. Al Qais was the Chief Retail Banking officer at Bahrain Islamic Bank (BisB) and held various leading roles at Standard Chartered Bank and United Bank, with a strong background in retail banking, and a well-rounded portfolio of t

Qatari group Masraf Al Rayan gets new chairman

The key announcement comes following Masraf Al Rayan's recent $50 billion merger with Al Khalij Commercial Bank (al khaliji) which has turned it into the second largest Islamic banking entity in Qatar.

Diversity on Board announces fellowship for Arab & North African future board leaders

The fellowship, powered by HSBC, is curated with a heavy emphasis on environmental, social, and governance factors

Moelis Plans Saudi Hires

Moelis has done business in the Persian Gulf for years and its founder was dubbed “Ken of Arabia” after winning a mandate to work on Saudi Aramco’s record IPO in 2019.

JTC grows Dubai office with Associate Director appointment

Tom holds a Diploma in International Trust Management from the Society of Trust and Estate Practitioners (STEP), is a member of STEP Arabia and currently serves as the branch’s secretary.

BACB appoints Fitzgerald new finance chief

She also boasts a strong track record of both implementing and establishing on-going review and oversight of key regulatory initiatives.

McKinsey & Company appoints 11 new partners in the Middle East

The team is led by a privately-held partnership, now 60-plus strong following the addition of eleven new partners.

HSBC appointed regional head of commercial banking in MENA, Turkey

She was a coverage banker for most of her career, leading HSBC’s Financial Institutions Group franchise for Global Banking in North America prior to moving to GTRF.

United Arab Bank appoints Head of Retail Banking Department

Al-Suwaidi will lead the growth plans in the retail banking and wealth management sector

Diana Skrzypkowska joins Deloitte Consulting in Abu Dhabi

Earlier in her career, Skrzypkowska spent around three years at Schneider Electric, where she worked in the company’s finance function. She holds a master’s degree in Accounting and Finance from Warsaw School of Economics.

Standard Chartered appoints Head of CPBB for Africa & Middle East, and Europe

Prior to joining the banking sector, Bongiwe was a consultant with Accenture, and also practised as a pharmacist.

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