Bank of London and The Middle East (BLME), the London-based Sharia’a compliant wholesale bank, has appointed Muriel Simon, Fazal Ahmed and Ihab Al-Derzi as private bankers to its private banking division.

Muriel Simon joins BLME from UBS London, where she focused on UK resident non-domiciled high net worth clients. Muriel will advise on investments as well as credit and wealth restructuring solutions for BLME’s Private Banking clients.

Fazal Ahmed joins the bank from Bank of Ireland Property Finance where he specialised in the European real estate market.

Ihab Al-Derzi joins BLME from Barclays Bank, where he worked within the Retail, Commercial and Private Client divisions. Prior to this, Ihab was the head of Private Banking at Islamic Bank of Britain in London. He is a qualified mortgage and financial Adviser (CeMAP and CeFA).

'We have been working hard over the past six months to build a team with the experience and expertise to provide our private banking clients with robust, professional advice. The appointments of Muriel, Fazal and Ihab are important steps in this process,' said Adrian Gayler, head of Private Banking at BLME.

BLME Private Banking will provide Islamic finance solutions to assist high net-worth individuals, entrepreneurs and their corporations in the UK, Europe and Middle East with their banking and investment management requirements.-TradeArabia News Service