Tuesday 18 January 2022

BACB names Arab banking expert as new Deputy CEO

DUBAI, December 6, 2021

British Arab Commercial Bank (BACB), a specialist bank for African markets headquartered in London,  has appointed Paul Jennings as its new chief banking officer and Deputy CEO.
Jennings will report directly to CEO Eddie Norton, heading up the front office and the Bank’s business development activity across trade finance and real estate, leveraging his invaluable experience working in specialist markets in the Middle East and Africa.
A consummate wholesale banking executive, Jennings brings a wealth of experience to the role. This includes a 20-year career at ABC International Bank where he was appointed Managing Director & CEO in 2015. Prior to that he was Group Head, Global Trade Finance for ABC Group. 
Jennings is also a Board member of the Libyan British Business Council (LBBC) and the Arab Bankers Association, giving him a unique understanding of BACB’s core markets, products and services.
On the appointment, Norton said: "Jennings is a natural fit as Chief Banking Officer with a focus on delivering safe, sustainable revenue growth. His appointment to the Executive Committee comes at a very important time for BACB as global trade recovers.'
"His wealth of knowledge not only in banking but also of our specialist markets makes him a perfect choice for this client-focused role," he added.
On the new role, Jennings said: "I look forward to working alongside Norton and the rest of the executive committee as we continue to pursue BACB’s strategy of sustainable growth across our core markets."
"I’m delighted to be stepping into a hands-on, trade finance- and real estate-focused role once again and to further develop the bank’s relationships with our clients," he added.-TradeArabia News Service


More Finance & Capital Market Stories

calendarCalendar of Events