The resignation came as shareholders of both Dubai Islamic Bank, the United Arab Emirates largest sharia-compliant bank, and Noor Bank approved the acquisition last month.
Meanwhile, Farooq Siddiqi has been brought in as CEO of Southeast Asia, a role he took on in November.
Lale Dagli, of Oliver Wyman’s Istanbul office, has also been made partner, with the quartet following the five regional elevations made at the end of last year.
It is set to be one of Bahrain's largest transactions to date and comes amid a raft of mergers and acquisitions throughout the banking sector in the GCC as banks look to cost savings, synergies, and efficiencies
DWF, the global legal business, has appointed Yasser Yaqub as a partner to its Dubai banking & finance practice with a focus on project finance