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

HSBC celebrates 20 years in Kuwait, appoints Ahmed Al Murad as CEO

The bank celebrated its two decades in the country at a client event held under the patronage of His Excellency Dr. Subaih Al- Mukhaizieem, Minister of Finance, Kuwait

ENBD names reshuffles senior wealth roles

The local wealth giant has made senior management changes to its wealth and private banking divisions in a series of promotions.

Alaa AlMashhadi appointed BNY Saudi Arabia Country Manager

He has also been appointed CEO of BNY’s legal entity in Saudi Arabia

Bank Nizwa names Deputy Chief Executive Officer

An industry veteran, Tariq brings over 25 years of diversified banking experience

Solas Fiduciary Services Appoints Craig Roberts to Strengthen DIFC Operations

He also highlighted upcoming governance regulations

Ithmaar Bank appoints Hani Ghayath as Head of IT

Reporting to Ithmaar Bank Head of Strategy Transformation & Business Development, Mohamed Bucheerei

LG announces organizational changes for 2026

Lyu Jae-cheol appointed as new CEO to strengthen fundamental competitiveness of core businesses

Grant Thornton elevates Imad Adileh to Chief Growth Officer in KSA

He has worked on projects across in Saudi Arabia, the UAE, Jordan, and the US.

Hany Elnaggar joins Acquisory as Partner and Tax & Compliance Leader

Hany brings over 20 years of extensive tax experience across multiple industries and jurisdictions

Ithmaar Bank appoints Naif Alnasser as Head of Asset Management and RMU

The appointment of Alnasser represents a strategic decision to support the Bank’s ongoing restructuring, reinforce its market position, and sustain long-term growth

Usman Ahmed, Group CEO of NBB, appointed to SICO’s Board of Directors

Mr. Usman Ahmed is the Group CEO of the National Bank of Bahrain with over 30 years of international banking experience across the EMEA and Asia Pacific regions

IFFCO appoints Abdul Wahab Al-Halabi as executive chairman to lead next phase of growth

A pivotal appointment that reinforces IFFCO’s long-term commitment to governance excellence, operational discipline, and sustainable growth

Doha Bank expands wealth management capabilities with senior hire

The bank is expanding its investment product suite and boosting its wealth platform to cater to the needs of its growing client base.

Abu Dhabi's IHC names leaders for investment platform 2PointZero Group

2PointZero Group was created last month through the merger of the IHC's portfolio companies 2PointZero, Multiply Group and Ghitha Holding

A Rothschild director in London took a promotion at HSBC in the Middle East

HSBC recently lost a few senior bankers in its Saudi.

Deutsche Bank strengthens investment banking team with new DCM director

Deutsche Bank, which caters to its clients in CEEMEA from Dubai and London, is actively expanding its Investment Banking division

Reed Smith strengthens corporate practice with new partner addition in the Middle East

New hire follows the firm’s recent opening in Riyadh

J.P. Morgan Private Bank names Selim Elgen as Managing Director and Market Head for the United Arab Emirates

Elgen is a seasoned industry professional, joining J.P. Morgan with over 31 years of experience in the banking sector.

Wael Khoury named Doha Ambassador of human capital ecosystem Transform

Headquartered in the US and operating globally, Transform is an ecosystem that connects leaders, practitioners, entrepreneurs, and investors that are active in the domains of human capital, human resources, and the future of work.

KKR expands ME wealth push with new senior hire in Dubai

The firm is building a diversified regional team spanning investment, capital raising and client coverage.

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