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

Goldman Sachs hires ex-KIA executive as MENA adviser

He will work with the MENA team on Goldman’s senior client coverage, as well as on opportunities in principal investment and funding in the region.

Trust Re appoints Talal Al Zain as new group CEO replacing Abunahl

Abunahl will be moving to Cyprus to take a leading role at Nest Investments Holdings, the sole shareholder of Trust Re.

UAE Banks Federation announces new board

The new board will serve for the next three years from May 2019 to April 2022

Jersey Finance makes double appointment to support Middle East growth

After managing the registry for a year, Ella took over the role of Associate Director at the DIFC Dispute Resolution Authority

Crestbridge appoints new MD for Bahrain office

With over 30 years’ experience in the region, Bashar has a strong track record in developing relationships with financial institutions, UHNW families and institutional investors.

AXIS Re names new president of EMEA & Latin America

Mr. Hottinger has held a number of underwriting managerial roles within AXIS Re

Boodle Hatfield promotes Reem Al-Jumaily to Partner and four to Senior Associate

Reem is a fluent Arabic speaker and has appeared on media such as Al Arabiya TV to discuss investing in the London property market.

Burgan Bank appoints Group CEO

Masaud Mahmoud Haji Jawhar Hayat as a Group Chief Executive Officer as of April 11, 2019.

Deutsche Bank appoints Head of Wealth Management for the GCC

Mubashar Ayoob as Head of its Wealth Management business in the Gulf region, effective immediately.

Islamic Development Bank hires banks for dollar sukuk

A benchmark deal might follow the meetings, subject to market conditions, according to the document.

HSBC appoints new CEO for Middle East region

Martin Tricaud has been appointed CEO for the Middle East, North Africa and Turkey region, succeeding Georges Elhedery

Siemens names operating company heads for Middle East region

Under the new structure, Siemens aims to give the individual businesses more entrepreneurial freedom and a leaner company structure.

Unigestion expands sales team with Head of Sovereign Wealth Funds appointment

This sophisticated group of investors have unique and challenging needs of which Cyrille has first-hand experience in addressing, which will help us to increase our reach and strengthen relationships in the region.”

Burgan Bank appoints Hameed Ali Abul as chief private banking officer

Raed Al-Haqhaq, Chief Executive Officer of Burgan Bank – Kuwait said: “I would like to congratulate Hameed Abul on his new role as the lead to serve our high-net worth clients.

Barclays EMEA private bank head Grosoli leaves the firm

Grosoli will be replaced on an interim basis by Jean-Christophe Gerard, a spokesman for the bank said.

Emad Rajaie Joins DoubleLine Capital to Head the Firm's Business in the Middle East

Mr. Rajaie will carry out his responsibilities in Europe and the Middle East

Tarik Serpil to head Willis Towers Watson’s operations in Turkey

Serpil joined Willis Tower Watson Turkey as Head of Corporate Risk and Broking in September 2016, and he will continue to serve in that role.

UAE's Ducab names new CFO as 2018 sales reach $1.3bn

Meshal Al-Naqbi promoted to CFO role days after Dr Ahmad Bin Hassan Al Shaikh is revealed as company's new chairman

Resignations, leadership reshuffle in banks operating in Egypt

Fayed has 30-years of work experience in the banking sector, during which he worked in two banks other than Bank Audi: Banque Misr and Cairo International Bank, which was acquired by NSGB, then by QNB Alahli.

J.p. Morgan Private Bank expands Middle East and North Africa team with key banker hire

He was responsible for overseeing the firm’s top-segment clients in the region.

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