Mr. Fahad Al Rajhi, as the Company's largest single shareholder, will remain a Board Member and play an active role in the sub committees of the Board.
"We currently have 15 people in our Dubai office and will expect to double that in the next two to three years," Barend Janssens, head of the bank's wealth management in emerging markets told reporters in Dubai.
He will be responsible for overseeing the overall performance of the bank, setting the bank's strategic direction, management of the bank's assets and liabilities, and managing communications with shareholders.
In his new position, Mr. Alrayes will be responsible for overlooking the overall performance of the bank, setting the bank's strategic direction, management of the bank's assets and liabilities, and managing the communications with shareholders.
Kashif Siddiqui is now the sole head of the asset management division, according to EFG-Hermes’ website, which removed an earlier reference to Nehma.
Alfardan is the president of the Alfardan Group, which has interests in automotive, hospitality and retail business in Qatar and is one of the country’s most recognised companies.
An active member of the royal family of the Kingdom of Bahrain, Shaikha Hessa gained her Bachelor's degree in Management (1998), and her Masters degree in Social Policy and Planning (2002) both from the London School of Economics and Political Scienc
Mimaroglu, 37, has left Credit Suisse and will join UBS in Istanbul on May 1, the person said, declining to be identified because the hiring hasn’t been publicly disclosed. Dominique Gerster, a spokesman for UBS in Zurich, declined to comment.