Thursday 21 October 2021

Standard Chartered names new Mideast CEO

DUBAI, December 22, 2018

Standard Chartered, a leading international banking group, has announced senior appointments in
the Middle East region including that of Boutros Klink as its chief executive officer excluding the UAE.
In his expanded role, Klink will have oversight over all GCC & Non-GCC countries and will hand over his duties for CEO, Bahrain to Abdulla Bukhowa, CEO, Qatar, subject to statutory and regulatory approvals. 
Bukhowa will continue to oversee its operations in Qatar where he has built deep relationships. 
Ahmad Abu Eideh, Cluster CEO, Non-GCC will be retiring, following eight years of service to the Bank. Ahmad navigated the JEIL cluster (Jordan, Egypt, Iraq, Lebanon) through some difficult times and macro-economic headwinds. His last day with the Bank will be March 31, 2019.
Muhannad Mukahall will take on the role of CEO, Jordan, subject to statutory and regulatory approvals. 
Muhannad will also double-hat as country head, commercial banking. He joined the bank in 2013 as head of Local Corporates, Abu Dhabi and has since then held senior assignments including head, International Corporates, Abu Dhabi, and Country hHead, Global Banking, Jordan. 
Gurcharan Kadan, CEO, Oman is retiring from the bank after 28 years of loyal service. During his career, Kadan had held several senior corporate banking assignments including that of Head of Transaction Bank for India, Global Head of Commercial Real Estate (CRE) based in Hong Kong, Corporate Head for Southern Africa, and Corporate Bank Head for Indonesia. His last day with the Bank will be March 31, 2019.
Hussain Yafai is appointed CEO, Oman, subject to statutory and regulatory approvals. Hussain will also double-hat as country head, Commercial Banking. 
He joined the Bank in 2005 and has worked in a number of roles including Regional Business Planning Manager for Financial Markets, Head, Wholesale Banking, Oman, and Head, Global Banking, Oman. 
Jamal Tartir, CEO, Saudi Arabia will also be retiring from the Bank, following three years of service. In his tenure, Jamal has led the country team through a challenging environment, and we have been able to make good progress in many areas including the regulatory agenda, governance and control. 
Standard Chartered said the appointment of CEO Saudi Arabia and CEO Qatar will be announced in due course. 
Sunil Kaushal, the regional CEO (Africa and Middle East), Standard Chartered Bank said: "In Africa and Middle East we have made investments in our people both in their career and personal development, and continue to support our People Strategy to build a high-performance culture through an integrated approach to talent and succession planning."
"These changes ensure a smooth and orderly succession which will allow us to continue our unrelenting focus on delivering our strategy and capturing opportunities across the region. I would like to thank Ahmad, Gurcharan, Jamal for their significant contributions to the Bank and wishing them the very best," he added.-TradeArabia News Service

Tags: Standard Chartered | Mideast CEO |

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