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

Credit Suisse beefs up ETF team in bid for expansion

He joins from Citigroup, where he spent the past year as head of delta one derivatives marketing in Europe, the Middle East and Africa.

Exclusive: Arab Bank chairman quits over CEO dispute

Sources at the bank, one of the Middle East's largest financial institutions, said key shareholders failed to back Shoman, whose family founded the bank in Jerusalem, after a months-long dispute with CEO Nemah al-Sabbagh over his management of the ba

Nomura names Head of Fixed Income, EMEA

Most recently he was a board member at Royal Bank of Scotland’s investment bank, acting as Global Head of Sales for all corporate and government related clients.

Dubai Holding enhances board structure at Jumeirah Group

Jumeirah's board structure now comprises an independent non-executive chairman, two non-executive directors and two executive directors. These appointments become effective from September 1, 2012.

Sarasin-Alpen & Partners appoints new Senior Executive Officer

He has over 18 years of work experience in the financial services industry in the Middle East, India and USA. Sudarshan has also worked with ABN AMRO Bank, ICICI Bank and Morgan Stanley Dean Witter.

Standard Chartered names Suckling global M&A head

He will report to James Courtenay, the bank's global head of advisory and infrastructure finance, the bank said.

Allianz Egypt Announces New CFO

Over his nearly 8 year tenure at Allianz to date, Hegazy has worked in managerial positions across the region, including Finance Manager for Allianz Takaful in Bahrain and Chief Financial Officer for Allianz Saudi Fransi in Saudi Arabia.

Barclays plays it ultra safe with Sir David as its new chairman

Sir David’s appointment is also a surprise, given his age.

DIFC Authority appoints Nasdaq Dubai chief as new COO

Hamed Ali, who served as Executive Officer of Nasdaq Dubai from 2006-2008, will return to the exchange as Chief Operating Officer.

NBAD Appoints Miller as Head of IR

Miller joins the bank from a managing director position at BNY Mellon, where he worked for five years and oversaw IR and client management functions.

Lloyds TSB Private Banking appoints head of HNW Middle East ‎from Barclays

He joins after nearly 29 years at Barclays, which included 10 years in corporate finance and large corporate insolvency before joining the Bank's Middle East private banking business 19 years ago.

Bahrain SWF Mumtalakat names new CFO

Mumtalakat, which has around US$9bn of assets under management, was set up in 2006 to help diversify Bahrain's economy away from hydrocarbons.

Dubai's DIFC Authority to split into two entities

The organisation will be divided into DIFC Authority, the business development and legislation arm, and DIFC Properties which will manage the centre's real estate portfolio.

Swiss private bank moves head ME private banking research division to Geneva

He will support private banking sales in Switzerland with market research after spending six years in Dubai, two people familiar with the matter said.

Standard Chartered appoints Oman CEO

Kasekende previously led the Bank’s Consumer Banking operations in Uganda.

Wealth Management Outsourcing: A Global Market Perspective

All of these have brought technology centre stage in managing financial institutions.

JPMorgan names new Saudi Arabia investment bank head

Fayez was head of investment banking and chief executive officer for Goldman Sachs in Saudi Arabia prior to his move.

Ejadah Asset Management Group unveils new company structure

Ejadah, whose customers include a number of Dubai's flagship communities such as Dubai International Financial Center (DIFC), TECOM, Business Bay and Jumeirah Beach Residence (JBR), has improved its business portfolio to focus on enhancing value and

MaplesFS continues Middle East expansion

He is joining MaplesFS from UBS Fund Services in the Cayman Islands

Adib names new head of Wholesale Banking

Usmani is a leading global banker with over 30 years of diverse banking experience across several geographies and disciplines.

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