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

Israel's Bank Leumi names new CEO‎

Brodet said, "I am convinced that through her ability and talent, she will lead the bank to major achievements."

Emirates NBD Deputy CEO said to leave

He has been with the group since 1986, was appointed deputy CEO in May 2009 and was also in charge of wholesale banking, according to a press release issued at the time.

Merrill Lynch Wealth Hires HSBC, Barclays Bankers in Mideast

Merrill Lynch Wealth Management hired bankers from HSBC Holdings Plc and Barclays Plc in the Middle East as the unit of Bank of America Corp. boosts its operations in the region.

BNY Mellon Appoints New Chairman of Middle East & Africa

He also retains his existing role as Head of Developing Markets Client Management.

Carlyle says Middle East chief stepping down

Walid Musallam will be succeeded by Can Deldag and Firas Nasir, Rosanna Konarzewski, a spokeswoman for Carlyle in London, said by telephone. Carlyle, which is investing a $500 million fund in the region, declined to elaborate on the reasons for his depar

KPMG strengthens presence in MESA region

KPMG's MESA region spans across 15 countries where the member firms offer services to a wide variety of clients - across Government, Energy, Financial Services, Family Groups, Real Estate, and Sovereign Wealth Funds.

Global law firm continues expansion in Dubai with latest hire

Mr. Keighran has extensive experience in all aspects of real estate and large scale projects across the Middle East and North Africa (MENA) region, acting for a variety of government related entities, developers, contractors and investors.

Gibson Dunn adds corporate partner to Dubai office

Plahe's addition follows Chézard Ameer who joined the firm's Dubai office as a corporate partner from Ashurst in October 2010 to head the Gibson Dunn's international funds practice.

UBS Said to Appoint Mahmoud Abdulhadi as CEO in Saudi Arabia

A spokesman for the bank confirmed the appointment

Credit Suisse’s Head of MENA Property Research Moves to Sales

He will be reporting to the head of MENA equities Wafic Nsouli

RBS Appoints Head of Hybrid Capital in London

The Hybrid Capital team is responsible for structuring, originating and executing hybrid capital products for financial institutions (banks and insurance companies), as well as for corporate and public sector issuers. Davidson joins the Financial Institut

Emirates NBD investment banking CEO to leave

The chief executive of Dubai lender Emirates NBD's investment banking division is leaving the bank, three sources familiar with the matter said.

US fund firm Investments names new EMEA CEO

Duval, joined Russell in 1994 to set up its office in Paris, replaces Len Brennan who rejoined the firm as global president and CEO in July.

The Islamic Bank of Asia Announces Two Strategic Appointments

Appointments underscore bank's commitment to strengthen itsmerchant banking business and promote greatercapital flows between the Middle East and Asia

Vinson and Elkins expands its Middle East practice with the addition of project finance partner

Harvey has been based in the Middle East since 2005 and formerly served as Head of Project Finance for the region at Norton Rose.

Russell Investments names EMEA chief‎

He will succeed – and report to – global president and chief executive Len Brennan in the role.

NBAD appoints new mergers head

Michael Aissaoui joins NBAD from Société Générale in Paris where he served as head of M&A for the Mena region, a statement from the bank said.

Morgan Stanley Names 210 Managing Directors, Fewest to Win Rank Since 2008

The number of new managing directors fell from 232 last year and 212 the previous year.

Simmons announces job cuts in Abu Dhabi and Dubai offices

Simmons' Abu Dhabi office currently has 11 lawyers, including four partners, while the Dubai base has 18 lawyers, of which five are partners

Barclays expands global trade team in Middle East

He will be responsible for building the Trade and Working Capital Product and Sales organisation in the region aimed at growing Barclays market share in these businesses.

On the Move