Ahli United Bank (AUB) on Sunday announced the appointment of Sawsan Abulhassan as a deputy group CEO for private banking and wealth management. 

Until recently, Sawsan was AUB’s group head of private banking for the Gulf region.

Sawsan  joined AUB in 2001, where she played a key role in building and expanding AUB’s private banking business.

Having served in high-level positions with a number of international banks, including Citibank and Standard Chartered, she has over 16 years of Middle Eastern wealth management experience, said a AUB statement.

In her new role, Sawsan will assume the responsibility for all AUB’s private banking and wealth management operations in Bahrain, Kuwait, United Kingdom, Qatar, Oman, Iraq and Egypt. 

Commenting on today’s announcement, Adel El Labban, Group CEO, AUB, said, “This appointment demonstrates AUB’s commitment to attract and promote the most able of banking professionals, and allow them the opportunity to advance to leadership positions, solely on the merit of their technical ability to manage business across our different cross border markets”.

“We are delighted to have someone of Sawsan’s experience lead our efforts to expand our business, with private banking being one of those areas with crucial potential to our growth”, El-Labban added.

An elated Sawsan said, ”I feel both honoured and gratified by this appointment. With the help of my colleagues, I look forward to implementing our new ‘Total Wealth Management’ model, in which the investment needs of our high net worth clients, whether from the Gulf or beyond, are addressed both in their local and overseas markets in a professional and focused manner.'

'In this regard, AUB is helped by the excellence of its product offering and the dedication of a talented team,' she added.

Sawsan  holds an MBA in Finance with High Distinction from the University of Bahrain. She is married and a mother of two school going children.-TradeArabia News Service