Deutsche Bank names new Saudi GM
Riyadh, May 12, 2013
Deutsche Bank has appointed Ziyad Al Ashaikh as the new general manager of its branch in Saudi Arabia.
Al Ashaikh will be taking over the responsibility from Waleed Fatani who will be leaving Deutsche Bank to pursue other opportunities outside the bank.
A holder of Bachelor of Science Degree in Finance with Honors, from King Fahd University of Petroleum & Minerals, Al Ashaikh has more than 17 years of experience in treasury, capital markets, investment banking and managing client relationships.
He completed an executive management program from INSEAD, France.
Al Ashaikh started his career in the treasury department of National Commercial Bank (NCB) and rose through the ranks to assume the role of country head of Investment & Derivatives Sales. He later moved to Jadwa Investments as the head of Wealth Management.
From there, Al Ashaikh joined Deutsche Securities Saudi Arabia in 2010 as the head of Private Institutional Clients (PIC). In addition to PIC, he was responsible for managing public sector & institutional relationships.
Deutsche Bank’s CEO for the Mena region Ashok Aram said the bank is deeply committed to the Kingdom with a strong presence on the ground.
"The appointment of Ziyad reflects the depth of skilled and committed people working for Deutsche Bank in the region. His long experience and insight into the Saudi market will be a great asset for our clients and for Deutsche Bank´s enterprise in the Kingdom," he remarked.
In his new role, Al Ashaikh has oversight over all SAMA (Saudi Arabian Monetary Agency) regulated activities, he added.-TradeArabia News Service