Bank of London and the Middle East (BLME) has named Jabra Ghandour as new chief executive, replacing Michael Williams.
Ghandour, whose appointment is effective 25 March 2016, will be responsible for expanding the bank’s wealth management business alongside its revitalised corporate banking offering.
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Ghandour, who joined BLME in 2015, was since then responsible for refining the bank’s strategy and business plan.
Previously, Ghandour worked as managing director and board member of the International Bank of Qatar and also held senior roles within the National Bank of Kuwait (NBK) Group.
Moreover, Williams will take over his role as non-executive director on the board of BLME.
Ghandour said: "We will be growing our wealth management products and services substantially in order to serve better our clients in the Gulf alongside our established and expert Corporate Banking offering to the UK mid-market.
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By GlobalData"Our strong UK-Gulf links are a major competitive advantage and we plan to build on this further over the coming years."
