NBAD appoints project finance advisory head
ABU DHABI, August 11, 2015
The National Bank of Abu Dhabi (NBAD) has appointed Frank Beckers as its managing director and head of project finance advisory.
In his position, Beckers will be responsible for the project finance advisory business, with a mandate to further developing the product suite and regionally expanding the franchise into the West-East corridor, said a statement.
Omar Mehanna, managing director and global head of Merchant Banking and Securities and Funds Administration, said: “Project finance advisory is a key vertical of merchant banking which is closely aligned with NBAD’s wholesale banking strategy as the bank expands its network along the West-East corridor.
""With extensive experience in the Middle East, Africa and Asia, Frank’s role will be integral to NBAD’s merchant banking strategy to further expand its product service and coverage across the Corridor.”
Beckers has more than 22 years of banking and consultancy experience and joins NBAD from McKinsey & Company where he served as a senior advisor, advising the firm and its clients globally on infrastructure and project finance. - TradeArabia News Service
