A number of additional appointments and transfers reflect the firm's focus on addressing client needs in growth sectors in the region, including Energy, Oil & Gas, Telecommunications, Technology, Hospitality and Financial Services.
The bank’s Islamic banking operations will be segregated from its conventional counterpart in all aspects. Furthermore, in line with CBO requirements, the bank will also have four-member Shari’ah board to ensure the operations are in complianc
In her new role, Burgess is responsible for managing the growth and development of Northern Trust's business activities across Sweden, Finland, Norway and Denmark. She reports to Penelope Biggs, head of the Institutional Investor Group for EMEA, and
Prior to this, Dr Al-Binali was the principal and chief investment officer of Saffar, a position held since May 2007.
Al Hamli, who held the position of a board member at GFH, has decided to focus on his duties at Dubai Islamic, according to a statement on the Dubai bourse website.
Shuaa plans to expand its asset management and advisory business in Abu Dhabi, Saudi Arabia and Kuwait and will focus on high net-worth family businesses and small- to medium-sized companies as well as institutional clients
"With the ongoing turmoil in regional and international markets, the need for sound asset and wealth management is greater than ever,"
Binbasgil was formerly acting deputy CEO, Akbank said in an e-mailed statement from Istanbul today. He becomes chief executive at a time when profit growth at Turkish banks is slowing because of central bank curbs to arrest an expansion in lending that
He recently advised a Bahraini Islamic investment bank on the structuring, negotiation and documentation of an Islamically compliant real estate development financing in Makkah that involves two offshore funds as investors.
Prior to his appointment as the Governor of the Central Bank of Libya in [September] 2011, was the Deputy Chief Executive Officer of ABC's wholly-owned subsidiary in the United Kingdom, ABC International Bank plc.
She has more than 14 years of experience in the wealth management industry gained from working with banks and global financial institutions in the UAE, assisting regional and multi-national corporates and individuals in managing their global wealth.