Deutsche Bank names new chief for Riyadh
Riyadh, April 22, 2008
Deutsche Bank has appointment Javeed Ameen as its chief operating officer in Riyadh.
Ameen will be responsible for coordinating all the bank’s infrastructure functions across all business lines, product groups, legal entities and branches.
“This appointment underscores the bank's commitment to deepen and broaden its presence in Saudi Arabia. Javeed’s expertise will help us establish an optimal infrastructure that will help us meet our ambitious growth objectives in Saudi Arabia,” said chief country officer for Saudi Arabia at Deutsche Bank Jamal Alkishi.
Ameen joined Deutsche Bank in 2001 and has held a variety of senior positions most recently as chief operating officer in India.
“We are pleased to have Javeed joining our regional management team in MENA. His ample experience in similar roles in emerging markets, especially in India, will benefit the efficient and well governed build-up of our important franchise in the Kingdom,” said chief operating officer for Deutsche Bank in the Middle East & North Africa Alexander Schuetz.
Deutsche Bank opened its first branch in Riyadh in 2006. In 2007, Deutsche Securities Saudi Arabia, a subsidiary of Deutsche Bank was granted a license by the Capital Market Authority of Saudi Arabia to offer brokerage and custody services, as well as arranging, advising and providing investment funds management. – TradeArabia News Service
More Finance & Capital Market Stories
- KFH-Bahrain rebrands priority banking
- Bank Nizwa wins top Islamic bank award
- Qatar labour costs may jump: IMF
- Kuwait Q3 trade surplus hits $23bn
- Dubai trade growth up 7.6pc to $362bn
- Deloitte appoints new managing director
- Al Ramz tops UAE trading in Feb
- IFC in $150m loan deal with Bank Audi
- SME funding focus for Abu Dhabi forum
- Insurance House posts second year of profit
- ETF global assets hit record $2.44 trillion
- Bahrain firms plan IPOs
- Serbia wins $1bn Abu Dhabi loan
- Key equity banker resigns from Saudi Fransi
- DMCC to boost Islamic commodity trade with tie-ups
- IDB, KIA units to invest in Morocco
- First Gulf to set up $1bn sukuk in Malaysia
- Singapore’s UOB Bullion and Futures joins DGCX
- Infrastructure investment ‘key to growth’
- BKIC declares 30pc dividend
- StanChart profit falls 16pc in 2013
- Veteran Saudi banker to head AMF
- Dubai World prepays $284m to creditors
- EFG-Hermes sells Damas stake to Mannai
- Ultra rich number to grow 35pc in Mideast
- Saudi IPO market 'set for big year'
- RAK 'exploring' ceramics unit stake sale
- Bahrain Bourse wins key UK award
- Alba backs Euromoney forum
- URC bond rating upgraded to stable outlook