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

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.

Ex-Deutsche Bank CEO joins NBK's advisory board

The 21-member International Advisory Board, which meets annually, also includes Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., and former Citigroup Inc. Senior Vice Chairman William Rhodes.

Barings expands EMEA equity team

He has over 14 years’ investment experience and joins Barings from AllianceBernstein where he has been an investment manager since 1998.

Pioneer Investments Appoints Head of Sales - Middle East, Central Asia and Africa

Neal will report to Jack Lin, Head of Asia and Middle East.

NBAD appoints Yasin head of brokerage unit

Yasin, a veteran financial markets analyst, will lead Abu Dhabi Financial Services, NBAD's fully-owned brokerage unit, the bank said in a statement on Monday.

90 percent of GCC jobs are posted online: Study

45 percent of all applicants said they learned about a vacancy through the employer's website.

DCG appoints new managing director

He joins DCG from Ogier the offshore law firm and fiduciary group where he was a partner and group director, the statement said.

Sofgen appoints general manager for Middle East operations

Cejudo joins SOFGEN from Temenos, where he most recently served as Regional Sales Director for the Middle East, having played a leading role in developing Temenos' presence since 2006.

Standard Chartered appoints Regional Head of Consumer Banking

Raheel is taking over from Vishu Ramachandran, who will become the Chief Operating Officer for Consumer Banking at Standard Chartered Bank.

On the Move