Barclays has appointed Haidar Hammoud as head of wealth and investment management for Abu Dhabi.

In his new role, Hammoud will be responsible for driving the Abu Dhabi business and delivery of the wealth and investment management division growth agenda and targets for the Emirate. He will also work closely with office heads in Singapore, Geneva, London and Dubai.

Hammoud will be responsible for providing clients with financial advice, focusing on supporting the Ultra High Net Worth (UHNW) segment and large family offices.

Hammoud wil report to Rory Gilbert, managing director and head of the wealth and investment management division in MENA.

Gilbert said, "This is a significant appointment, particularly in the context of our growth plans across the MENA region in general and the UAE in particular. Our aim is to cement Barclays position as the destination of choice for HNW and UHNW individuals within the region.

"We are delighted to welcome Haidar to the team. His appointment demonstrates our commitment to our clients through providing them with on-ground world class financial services and products. Haidar’s experience will be invaluable as we continue to expand our wealth and investment management business."

Prior to joining Barclays, Hammoud held several leadership positions at global financial institutions including Deutsche Bank, Citibank, Standard Chartered and BNP Paribas. He has vast experience in the realm of wealth and investment management with over a decade of experience in corporate and investment banking as well as private and institutional wealth management within the UAE.