Published: January 7, 2020
New hires at APICORP
Loic Morel and Dr Sherif El Sayed Ayoub both joined the Corporation in 2019.
In October 2019, the Arab Petroleum Investments Corporation (APICORP) announced the appointment of Loic Morel as head of trade finance. This newly created role comes at an important time for APICORP, which is looking to expand its trade finance franchise across the Middle East and North Africa.
Morel joins the corporation from the Qatar National Bank in Paris, where he was regional head of trade sales, products and advisory. Here, he led and developed the bank’s trade finance business across Europe and Africa. Prior to that, he worked at First Gulf Bank Abu Dhabi, Ecobank and Societe Generale among others. Over the course of a career spanning more than two decades, he has specialised in structuring, coverage and cross-selling, especially within emerging markets.
In his new role at APICORP, he will focus on public and private sector entities active in the energy market. He will be based in Dammam, Saudi Arabia, and will oversee a complete suite of trade finance products and services.