Who hired in the Middle East in June?
The summer lull is starting to take hold. After a relatively active month during May, the number of new hires in the Middle East financial sector has slumped again in June.
Barclays has named Oliver Baillie as head of cash management, UAE and GCC. He has relocated from the UK.
Barclays Wealth has made some key appointments in the region. Chris Kocker and Nicholas Koutsoukos have been appointed as directors covering the lower Gulf region.
Emirates NBD has appointed Suvo Sarkar as its new general management for retail banking.
LGT Group, the Liechtenstein-based private bank, is believed to have set up an operation in Dubai. It’s hired at least six private bankers from Swiss rival Clariden Leu.
Shuaa Capital has made some executive appointments for its Gulf Finance Corporation operation. Steffen Schubert and John Blanthorne have joined its board of directors.
Julius Baer has named Daniel Savary as new head of Eastern Mediterranean & Middle East.
Kamco, the Kuwaiti asset manager, has named Faisal Sarkhou as acting chief executive officer after the resignation of Sadoun Ali.
RSA, the insurance company, has named Michael Duncan as CEO, specialty for the Asia and Middle East region. It’s also named Christina Tham as legal, risk and compliance director for the same regions.