Japanese investment banking giant Nomura has named Mark Yassin as the new executive chairman for the Middle East and North Africa (MENA) region.

Based in Dubai, Yassin will be responsible for developing key client relationships and driving the growth of the firm’s wholesale business in the region.

He will report to the company’s executive chairman for EMEA Yasuo Kashiwagi, and Charles Pitts-Tucker, head of investment banking for EMEA.

Yassin joins from National Bank of Abu Dhabi, where he held the role of co-head of global wholesale banking and head of global banking. He also was an executive committee member at the firm.

His three-decade long banking career also includes stints as global head of corporate finance at Arab Bank, head of corporate and global structured finance at Arab Banking and global head of project and structured finance at Gulf International Bank.

“Nomura already has a strong foundation in the Middle East and Mark’s appointment as Chairman will help us to grow our business further across the region, where we see opportunities to deliver our product strengths and leverage our market leading structured solutions capability,” Kashiwagi stated.

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