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

Middle East banking partner hired in boost to KSA and UAE offering

Umera joins Simmons from a US-headquartered multinational law firm, where she led its Kingdom of Saudi Arabia (KSA) banking practice.

Julius Baer reshuffles Singapore and Dubai NRI teams

The global restructure last month that saw the removal of the team head layer, also impacted the Swiss pure-play's non-resident Indian (NRI) team, and involved a relocation.

Sovereign PPG Qatar appoints Mindy Tan as Business Development Manager to strengthen Middle East-Asia Business Connections

This strategic hire supports Sovereign PPGs continued focus on driving business setup in Qatar while enhancing support for Asian investors entering the Middle East market

Mashreq appoints Marwan Galadari as the New Head of Trading Companies

Marwan brings to Mashreq a wealth of expertise and experience in the banking industry and a proven track record in driving growth

RAK Digital Assets Oasis appoints Paul Dawalibi as CEO to spearhead vision of becoming the World’s Leading Innovation Hub

This strategic transition marks a pivotal moment in RAK DAO’s evolution

Arthur D. Little appoints Sundeep Khanna as partner in performance practice

To strengthen focus on Middle East retail sector

Invest Bank strengthens leadership team to accelerate transformation and enhance financial governance

Appointments underscore Invest Bank’s focus on strengthening governance, enhancing agility, and accelerating innovation across its operations

EFG announces strategic leadership appointment in Dubai

She will work closely with the senior management team of EFG International to support the Group’s overall strategic objectives and positioning.

Specialty MGA Africa & Middle East appoints two senior underwriters

In her new role, El Bahtouri will be based in the Casablanca office, driving growth in the P&C reinsurance markets and developing a balanced portfolio of specialist lines focused on client needs.

Citi announces Carmen Haddad will join Citi Wealth in a senior capacity

Serving as Vice Chair, Citi Private Bank

Al-Futtaim Automotive appoints Katib Belkhodja as Marketing Director for Toyota & Lexus UAE

The move places a seasoned executive with broader divisional experience at the helm of the company’s core business

KKR Appoints General David Petraeus as Chairman of the Middle East and Establishes Dedicated Investment Team in the Region

Expansion builds on 16-year local presence and several investments in the region

Id8 retail appoints Premal Patel as Board Advisor to support Middle East and Emerging Markets Business Expansion

With over 30 years of experience across the UK and the GCC, Premal is a renowned leader in retail data, customer loyalty, retail media, and digital transformation

UAE-based, Capital Haus CEO appointed Executive Chairman of ASX-Listed Equity Story Group

Brendan Gow’s cross-border appointment signals a new era of UAE-based leadership shaping global investment strategy

BNY Wealth names new Middle East market president

The firm is looking to expand its wealth channel in the region with the appointment of a new market president.

Blackburn appointed HSBC risk and compliance chief: IFR

Blackburn has been interim chief risk and compliance officer since January when Kaur stepped up to CFO

GTN hires Arqaam Capital exec Sham Treon as Chief Risk Officer

Sham Treon joins GTN from Arqaam Capital, a Dubai-based investment firm, where he was the global head of risk for the past five years.

Kamran Mazhar rejoins Chubb Arabia as CEO

He led Chubb Arabia from 2019 to 2023, and before that worked in different roles at Chubb entities in Pakistan and Saudi Arabia for 21 years.

Estithmar Holding Q.P.S.C. appoints new group CEO

The Board of Directors has appointed Mr. Juan Leon as his successor, with full executive authority as Group CEO

Syria appoints finance expert as new central bank governor

Hasriya takes over from Maysa Sabreen, who had been appointed caretaken governor in late December, after an Islamist-led offensive toppled longtime president Bashar Assad

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