National Commercial Bank and Samba Financial Group, and Masraf al-Rayan and Al-Khaliji Commercial Bank have announced that they are in merger talks.
New CEOs at First Abu Dhabi Bank and British Arab Commercial Bank
- 14th, June, 2018
Paul Hartwell has been appointed as CEO of First Abu Dhabi Bank’s London branch, subject to regulatory approvals. He is replacing Farid Barakat, who retired after leading National Bank of Abu Dhabi’s operations in London for many years and heading First Abu Dhabi Bank for a few months after it was created from the merger of National Bank of Abu Dhabi and First Gulf Bank.
Paul Hartwell was previously CEO of British Arab Commercial Bank (BACB) a London-based bank with a big focus on trade finance in emerging markets, and in particular Africa. Before that, he was the CEO of Mitsubishi UFJ Securities, and he held Chief Risk Officer and Chief Operating Officer positions at Standard Bank, Barclays and West LB.
Subject to regulatory approval, Hartwell has been replaced by Suzie Aliker, who was previously BACB’s Chief Financial Officer. Aliker joined BACB in 2014 after a long career with Credit Suisse during which she held several global management roles was responsible for new business for all divisions of credit Suisse across Europe, the Middle East and Africa. She has particular experience of East Africa.
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