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

PwC Consulting appoints five new partners in the Middle East

Prior to joining the Big Four firm, Ghazawi worked in the banking and IT sectors, specialising on managing and implementing transformation projects.

Norton Rose Fulbright appoints Mohammed Paracha as Head of Middle East

A partner at Norton Rose Fulbright since 2010, Mohammed Paracha currently leads the banking and finance practice in Dubai.

Top Abu Dhabi Lender Names Al Rostamani as First Female CEO

Rostamani takes the reins of the state-controlled bank at a challenging time for the domestic financial sector: distressed loans linked to the economic impact of the coronavirus pandemic are on the rise and there’s mounting pressure to further cut c

Bank Nizwa appoints new chairman of Shari'a supervisory board

New appointments are in line with Bank Nizwa's continuous efforts to develop further talented Omanis

BofA’s Middle East Equities Head to Depart After Two Decades

A representative for Bank of America confirmed the contents of the memo.

Standard Life Aberdeen broadens senior leadership team as part of growth area push

New sector chief executives for Asia Pacific, UK, Europe, the Middle East and Africa, and the Americas

Saudi Arabia names Fahad al-Mubarak as new central bank governor

Saudi banking sector at a critical time for the country, as banks' liquidity suffered after the 2014-2015 oil price crash

Crown Agents Bank names Finablr's Bhairav Trivedi as CEO designate

He brings over 30 years’ experience in financial services, with a core focus on digital payments, cross-border remittances and fintech development.

Saudi Arabia appointed chair of World Bank audit committee

Abdulmuhsen Al-Khalaf was selected as chair of the group’s audit committe

Michael Bloch leaves McKinsey to launch non-profit consultancy

Bloch has now taken the step to team up with Benji Levy to co-launch Israel Impact Partners.

Alizz Islamic Bank appoints new Sharia Supervisory Board

The appointment of the new Sharia Supervisory Board is in line with the vision of the Bank’s Board of Directors to conduct a comprehensive review of the business model of Alizz Islamic Bank to improve the banking services provided to the bank’

Deutsche Bank appoints Thamer Saleh Alsedais as general manager of its Saudi Arabia branch

As General Manager of Deutsche Bank's branch in the Kingdom, Alsedais will have oversight of the bank's business activities regulated by the Saudi Central Bank (SAMA)

Axis Communications appoints new Regional Director for Middle East and Africa region

Ettiene now heads Axis operations in the MEA sales region

Ziglu Names Daniel Sale as Marketing Director

He spent twenty-two months in the leadership role at the Dubai-based payment gateway start-up.

Matthew Lewis leads Russell Reynolds Associates in Dubai

Leading the offices for the past six years was Stephan Schönwälder, a former McKinsey & Company partner who joined Russell Reynolds Associates following a five year spell at rival Spencer Stuart in Dubai.

State Street Strengthens Asset Owner Business with Senior Appointments

The senior appointments are the latest in a series of strategic moves and enhancements State Street has made in the past year to strengthen its talent, enhance its technology and deepen relationship with its asset owner clients.

Consultancy strengthens Mideast team with new partner

He holds an MBA from HEC Paris and a master’s degree in computer engineering

Cyril Gourp appointed partner at Bain & Company Middle East

He has over fifteen years of experience in consulting

Arabtec Hires Global Advisors for Sale of Dubai Engineering Subsidiary

Target specialises in oil and gas projects and marine work with operations in the UAE, Qatar and Saudi Arabia, its website says.

Dentons strengthens Middle East Employment practice with hires of Shiraz Sethi and Ali Al Assaad

With more than 10 years of expertise in the Middle East, Shiraz is known for his contentious and non-contentious employment experience and advises multinationals and local companies on all aspects of UAE labour law and DIFC employment law issues

On the Move