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

NBO Announces New Head of Sadara Wealth Management

“Attracting and developing local talent continues to be a priority for us as we look to support Oman’s wider socioeconomic objectives and promote national talents.

Bahrain appoints cabinet with new finance minister after parliament vote

The cabinet had tendered its resignation on Sunday to King Hamad bin Isa Al Khalifa as required by law after parliamentary elections in the Gulf Arab state.

Abraaj fall from grace prompts investors to sharpen due diligence

The scandal gives pause to those seeking emerging market exposure via private equity

StanChart to cut Singapore, Dubai jobs, say sources

The bank had around 86,000 staff at the end of June, up from about 84,000 in 2015.

Deloitte Grows Its Middle East Forensic Technology Practice With New Partner and Director Appointments

Cutting edge technology such as Artificial Intelligence and Predictive Analytics are playing a vital role in this area by applying new approaches to help companies prepare and react to risks.

Bain appoints new leaders for Europe and MENA private equity practice

A Harvard Business graduate and eight-year former BCG consultant in the UK, Elton has been with Bain for nearly two decades, appointed to lead the firm’s EMEA private equity practice in 2005.

Hamad Buamim named new Chair of World Chambers Federation

He will take over the role from Peter Mihok in January 2019.

Barclays Private Bank appoints Head of Investments for EMEA

With over 20 years’ experience in capital markets, asset and wealth management business development and portfolio construction for large asset owner

Libyan wealth fund to hire auditors in push to unfreeze assets

Libya SWF chief: need to up governance, auditing to unfreeze assets

Facebook hires new MD to build Middle East audience

Ramez T Shehadi named managing director of Facebook in the Middle East as social network eyes growth in 'key market'

Morgan Stanley names new Europe head of private equity banking

Massimiliano Ruggieri, Morgan Stanley’s head of investment banking for Italy, has been promoted to run financial sponsors for Europe, the Middle East and Africa, the bank confirmed.

Invesco appoints new Institutional Sales Director in the Middle East

Josette Rizk as Sales Director of its Middle East Institutional team.

Abu Dhabi Investment Authority chooses EMEA equity chief

ADIA's assets are estimated at $828 billion by the Sovereign Wealth Fund Institute.

Indosuez Wealth Management appoints Market Manager for the Arabian Gulf

Haidar Hammoud as Market Manager for the Arabian Gulf

Addleshaw Goddard appoints Regional Managing Partner for the GCC

With ambitious growth plans for the GCC region, AG has announced that Andrew Johnston has been appointed as the Firm's new Regional Head of the GCC.

BisB appoints the first Bahraini woman to head the Internal Shari’a Audit Function

She will be in charge of enhancing the Bank’s Shari’a auditing and accounting systems

Qatar National Bank appoints acting CEO

The appointment of Khalifa, previously the bank’s chief business officer, follows former chief executive Ali Ahmed al-Kuwari moving to become Qatar’s minister of commerce and industry.

Alvarez & Marsal Appoints Saudi Arabian Country Manager

The company said that Abo-Onoq’s appointment comes with growing demand for A&M’s services in the Kingdom and further aligns the firm with its Vision 2030 and Saudization efforts.

Gary Dugan appointed as CEO, Purple Asset Management (PAM)

The business will draw on his experience of running investment teams for numerous leading financial institutions to take PAM to the next level as an investment service for The Fry Group, growing the PAM business across Asia and the Middle East.

Generali appoints new Head of Business Development

We are delighted with this appointment and very much look forward to welcoming John to the team at this exciting time in our expansion

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