The National Bank of Abu Dhabi (NBAD) has appointed Rafi Ahmed as its head of Global Financial Markets in Europe.

Ahmed will be based in the bank’s London branch to lead the development of financial markets product and services for its Mena clients and also expand its European clients’ access to Mena markets, said a statement.

“NBAD strong position means we can capitalise on the bank’s robust finances and brand to expand our international coverage for our clients,” said Mahmood Al-Aradi, senior general manager of Financial Markets Division.

“Rafi Ahmed has proven that he can build and grow treasury business and we have full trust and confidence in his ability to build a great European business for NBAD, to expand our clients’ access to markets in Europe and also expand our client base there.”

Ahmed has joined NBAD from HSBC where he worked for 10 years. From 2008 until he left, Ahmed served as HSBC’s co-head of global markets Mena where he managed 14 dealing rooms and more than doubled revenues, said the statement.

Prior to HSBC, Ahmed served as vice president of JPMorgan Chase London. During his career, he has managed institutional client businesses across Mena in derivatives, fixed income, credit, and equity products, it added. - TradeArabia News Service