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

Deutsche Bank's head of EMEA is said to be leaving

Deutsche Bank is in the throes of a massive restructuring aimed at turning it into a leaner, more profitable machine after five consecutive annual losses

Oman's sultan appoints head of new sovereign wealth fund

Abdulsalam al-Murshidi as the head of the Omani Investment Authority

Natixis makes appointments at corporate, investment banking division

This includes that of Barbara Riccardi, who will head regional operations

Al Baraka Banking Group appoints new chairman

Abdullah Saleh Kamel has served as vice-chairman and chairman of the executive committee for several years

Omani bank Ahli names new chairman, board members

Welcoming the newly elected board members, Al Hinai said: "Covid-19 has presented a new set of challenges, but Ahli Bank stands committed to its priorities to sustain growth and implement customer oriented and social welfare initiatives.

Standard Chartered appoints CFO for Africa and Middle East

Subhradeep brings over 19 years of diverse and international experience in the banking sector to the AME region

BACB makes double appointment in Côte d’Ivoire

Having joined BACB’s Abidjan office in April 2018, he moves over from his role as regional manager for West and Central Francophone Africa.

StanChart appoints Abbas Hussain as Regional Head of Corporate Finance for Africa and Middle East

Abbas was awarded the Dealmaker of the Year by EMEA Finance for Europe, Middle East & Africa in 2017.

MSCI appoints Head of EMEA Client Coverage

The EMEA Coverage leadership team will report directly to Kilian.

GP Global expands international bunkering business with a raft of new appointments

Four strategic appointments made across the group's bunkering operations in Asia and the Middle East

The Last Mile - navigating necessary change in advising clients post the pandemic

In his opening comments, Henning notes that the similarities between the recent market conditions witnessed during the Covid-19 pandemic and those seen in the financial crises of the past are difficult to ignore

Standard Chartered appoints new Head of Corporate Finance for Africa and the Middle East

Along with his new responsibilities as Head of Corporate Finance, AME, Abbas’ will also expand his role as Head of Project & Export Finance

Standard Chartered appoints head of global Wealth Management business

He brings deep experience of the banking industry, including running global products that support both Bank of Singapore’s private banking and OCBC’s retail clients, corporate strategy and business transformation.

Abu Dhabi Islamic Bank's CEO resigns after about one year in the role

ADIB recently reported a 55% drop in first-quarter net profit, as credit provisions and impairment charges more than doubled, citing the challenging operating environment due to the coronavirus pandemic.

ADIB appoints interim chief executive as group CEO steps down

Sandeep Chouhan, ADIB's current group chief operating officer, will oversee the bank until a permanent replacement is found

AlixPartners Bolsters Turnaround Team in Middle East

“We are very pleased to welcome Matthew to the firm,”

Aramex appoints acting Chief Operating Officer

He joined the Company in 1994 and grew within the global network having started in the GCC and thereafter moved to help build the Far East operations.

Al Ruwad Real Estate appoints Alaa Masoud as General Manager of sales and marketing

Since then, Alaa managed various teams across renowned brands such as Danube Properties, Sharjah Oasis Real Estate Development and Tilal Properties

The COVID-19 Pandemic Is Having an Unprecedented Impact on Financial Markets Globally and Regionally

This coupled with the effects of drop in oil prices, creates a unique set of challenges that banks will inevitably face in the medium term.

Credit Suisse appoints head of AM investment strategy Switzerland & EMEA

He has worked at Credit Suisse since 2002.

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