Who hired in the Middle East in November?
A number of international investment banks have named new regional heads in November, but generally the number of new recruits announced during the month has been relatively few.
Ajman Bank has a new head of branches in the emirate of Ajamn in Marwan Ibrahim Al Zarooni.
Australia and New Zealand Banking Group (ANZ) has opened a new office in the DIFC and will be offering credit and investment for corporates, financial institutions and public sector clients in the Middle East.
Commercial Bank International has named David Power as its new head of retail banking. He joins from National Bank of Oman. Peter Cannizzaro has also been appointed as chief operating officer.
Coutts has recruited Amir Sadr as head of its private bank in the UAE. He joins from Merrill Lynch Wealth Management in London and will be based in Dubai.
Deutsche Bank has named Nadeem Masud as chief country officer for the UAE and general manager for its DIFC branch. He takes over from Salman Al Khalifa, who is leaving to pursue other interests. Masud continues his current role as head of corporate coverage for the corporate and investment bank.
Dubai Group, the financial services division of Dubai Holding, has named Trevor Regan as its new chief investment officer.
Ernst & Young has named Sameer Abdi as head of its transaction advisory services practice in Qatar. It has also announced the appointment of two new partners in Oman: Ahmed Amor Al Esry in its tax practice and Sanjay Kawatra in its assurance arm.
Insurance House, the Abu Dhabi-based firm, has opened a new branch in Dubai.
Morgan Stanley has appointed Kamal Jabre as its new chief executive for the MENA region. He replaces Habib Achkar and is relocating from his current role as an MD within the bank's M&A division in London.
Standard Chartered has named Hassan Jarrar as its new chief executive for Bahrain. He was previously head of origination and client coverage, wholesale banking at the bank's UAE office.
Vontobel, the Swiss bank, has launched a new DIFC operation from where it will service its clients in the MENA region and Indian sub-continent. A team has been recruited, including Ramzi Charaf, who will manage the regional office.
VTB Capital, the Russian investment bank, is believed to be on the cusp of making four hires. Karim Nsouli, currently head of MENA sales trading at Credit Suisse, is expected to lead one unit. Ali Salaam, co-head of MENA equities at Credit Suisse, may also join VTB Capital in Dubai.
