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

Kuwait Appoints Al-Rushaid as Finance Minister in New Cabinet

Al-Rushaid was head of the Kuwait Economics Society, which represents the views of private sector business people.

Binance Singapore CEO Takes on Middle East Role

Teng joined Binance in August, but his stint as Singapore CEO was short0lived as Binance withdrew its application earlier this month for a Singapore crypto permit via a local unit, marking an end to its pursuit to be a licensed bourse in the city-state.

KPMG strengthens senior Advisory team with five new partners

“We are delighted to strengthen our Advisory partnership with Carlos, Chucrallah, James, Jawad and Mohamad. They each bring valuable and unique skills to our senior team, and we look forward to working with them at an exciting time of growth for the

Anchorage Investments appoints Duff & Phelps as financial advisor

For $2.5bln petrochemical mega-project

RAKBANK announces new Chief Executive Officer

Raheel is a seasoned banker & transformational leader with over 30 years of banking experience across Europe, Asia, Middle East & Africa

Mohammed Kateeb named Co Chair of CIBAFI’S ITWG

The ITWG is part of the approved CIBAFI (The General Council for Islamic Banks and Financial Institutions) Strategic Plan 2019-2022 whose objective is to conduct various initiatives with the aim of strengthening the adoption of financial technologies with

RAKBank appoints Raheel Ahmed as its chief executive

Raheel Ahmed, a senior banker with 30 years' experience in Asia, Middle East, Europe and Africa, will take over in the first quarter of 2022

Standard Chartered makes key UAE hire as it targets Islamic banking growth

Ali Allawala is appointed head of Islamic banking as global bank prioritises UAE market

Knight Frank launches retail property consultancy team in Saudi

Leading the charge in Saudi Arabia is Pedro Ribeiro, who brings over 25 years of experience working in retail, real estate and asset management across the Middle East, Europe and North Africa to the firm.

Mubadala Capital-backed REEF appoints Ramez Shehadi to lead its international growth

Shehadi was previously Managing Director for Middle East and North Africa at Meta

BNP Paribas appoints CEO of BNP Paribas, United Arab Emirates

François will also take on the responsibility for multi-national coverage in the region

Credit Suisse Names Asia Veteran as Head of Wealth Management Unit

The new appointments are in line with the Group’s new strategy and organizational structure

Kuwait's KIPCO names new group CEO as vice chairman retires

Appointment effective 1st January 2022

Rami Falah appointed General Manager of BNP Paribas Bahrain Branch

Rami will also continue as Head of Islamic Banking, for BNP Paribas Middle East & Africa. He reports to Amine Bel Hadj Soulami, CEO, BNP Paribas Middle East & Africa, based out of the regional Headquarters in Bahrain

Standard Chartered appoints UAE Head of Islamic Banking

Ali Allawala as Head of Islamic Banking (Saadiq) for the United Arab Emirates (UAE)

Michele Carriero joins Ankura’s Data & Technology practice

Ankura has strengthened its Data & Technology wing in the Middle East with Michele Carriero.

Malachy McAllister appointed as Chief Executive Officer of AfrAsia Bank

A seasoned banker with a track record of strategic leadership spanning multiple continents, Malachy has led critical businesses at HSBC in China, Malaysia and France before taking up the role of CEO of HSBC Russia in 2015.

Oliver Wyman announces partner promotions for the Middle East

As part of the global promotion scheme

LGT Poaches Middle East Expert From Amundi

Prior to his appointment El Burji worked at Amundi Asset Management, where he dealt with institutional investors and led the third-party distribution business in the Middle East.

Global hires drive change at Mashreq Bank

Ahmed Abdelaal is the first non-Ghurair family member to lead Mashreq Bank.

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