HSBC Bank Middle East has appointed Simon Johnson as regional head of commercial banking. In this role, Johnson will oversee all commercial banking business across the Middle East region.
Dubai-based Abraaj Capital, the largest private equity company in the Middle East, North Africa and South Asia (MENASA), has appointed Ashok Aram as a managing director after a 15-year career at Deutsche Bank.
Citi has appointed Bill Mills and Alberto Verme as CEOs and new regional leaders in the EMEA region. Mills will continue to be responsible for Citi’s business in Western Europe and Africa and Verme for the business in Central and Eastern Europe and the Middle East.
Bahrain's Investcorp has announced that Mohammed Al-Shroogi, Citigroup's former managing director for the Middle East and CEO for Citi in the UAE, has resigned and will join Investcorp as head of its Gulf activities.
On September 1, David Law will join Standard Chartered as the managing director and regional head of the origination and client coverage (OCC) team for the Middle East and North Africa (Mena). Law will report to V. Shankar, member of the Standard Chartered group management committee and group head of origination and client coverage.