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

Standard Chartered Announces new CEO in UAE

Seasoned Banker to lead the business in one of Bank's most strategic markets globally

OAB appoints new CEO

The dedication and commitment of the executive management team and the rest of the staff and also the unlimited support of Ominvest and Arab Bank Group. I have no doubt in mind that we will soon be reaping the fruit."

Leading investment manager appoints a new Head of MEA

He was responsible for distribution, client service, and marketing for Middle East, Africa, and Central Asia. Between 2000 and 2008 he established the firm's Middle East business.

Nakheel makes new appointments to management team

Move reflects need for greater focus on development activities

Old Mutual Asset Management appoints Middle East sales head

He would lead the firm's marketing efforts in the Middle East

UAE's NBAD hires ANZ's James Burdett as group CFO

He was chief financial officer for international and institutional banking at ANZ and has resigned from the Australian lender

Noor Takaful CEO steps down

Dr Ahmed Al Janahi, Managing Director, Noor Takaful , said: "Parvaiz Siddiq has been instrumental in steering Noor Takaful 's operations through a crucial and challenging phase over the past five years.

NBAD appoints Managing Director for Global Markets Sales

He brings to NBAD more than 20 years of rich experience working in the financial markets in diverse geographies such as the UK, Hong Kong and Singapore; working for institutions such as Lloyds TSB, West LB and Standard Chartered Bank.

Al Ghurair replaced as chairman of Dubai's DIFC

Abdul Aziz Al Ghurair has been replaced by Essa Kazim as chairman of Dubai International Financial Centre Authority

Standard Life appoints key Mideast head

Standard Life, a leading provider of long-term savings and investments, yesterday announced it has strengthened its regional senior team by appointing Sean McGuire as head of bank distribution in the Middle East where he will oversee the strategy for bank

Old Mutual AM appoints Head of Middle East Sales

will focus on introducing the diverse investment capabilities of OMAM's eight Affiliate firms to institutional investors in the region, including sovereign wealth funds, local pension funds and family offices.

Shuaa appoints strategic advisor

I have always seen Shuaa as the leading UAE investment bank

Global business consultancy firm expands financial services partner team in Dubai

He advises clients on growth strategy, distribution and sales, customer experience and loyalty, and organization.

Flug nominates Canadian-born economist as Bank of Israel deputy governor

Appointment, subject to cabinet approval, would for first time put women in top two posts of Israel's central bank.

Abdul Rahim named new Ithmaar CEO

Ithmaar Bank, a leading Bahrain-based Islamic retail lender, has appointed Ahmed Abdul Rahim as the new chief executive officer.

Qatar Holding deal maker Fakhroo leaves for govt-linked role

A key mergers and acquisitions executive at Qatar Holding, instrumental in some of the fund's most high-profile deals in recent years, has left the firm for a government-related role, banking and industry sources said.

Moelis to hire ex-C.Suisse banker Touma for MidEast role

Moelis & Co, an independent investment bank, is set to hire Rami Touma, previously the Qatari investment banking head for Credit Suisse

Bank Hapoalim to cut 500 positions

Bank Hapoalim is drawing up a new streamlining plan, which will reportedly include the elimination of 500 positions.

UBS names new head of Utilities for EMEA

Swiss bank UBS has appointed former Nomura banker Jean-Philippe Favre as head of utilities for Europe, the Middle East and Africa

NBAD Appoints Head of Trade Finance in Paris

The appointment highlights NBAD 's expanded international activities.

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