Standard Chartered today announced the appointment of Shada El Borno as the regional head of Global Subsidiaries (GS) for the Middle East, North Africa and Pakistan (MENAP) markets, and Head of GS for UAE.

In this role, El Borno will be responsible for managing the Bank’s GS business for MENAP and will also join the Global GS Management Team.

El Borno brings a wealth of experience to the position and has been with Standard Chartered for 22 years. She has held a number of senior roles at the Bank, most recently as the regional head of Business Management, Global Banking MENAP. She was also the head of Financial Institutions (FI) and the head of Client Coverage Group in the UAE.

Julian Wynter, chief executive officer, Standard Chartered, UAE said: “We are pleased to announce El Borno’s new role with our team at Standard Chartered. Her in-depth knowledge, experience and connectivity within the Bank, and the industry as a whole, will undoubtedly allow us to leverage our network across the region.

“The UAE remains a key market for Standard Chartered and the largest single-country franchise in the region. We are confident that, in her new role, Shada will lead the team in providing comprehensive coverage for this important client segment.”

In the new position, El Borno will work closely with the local country banking and GS heads, regional product and functional support partners and coverage teams to deliver the Bank’s MENAP and network capabilities to key corporate clients.

She will report into Mohamed Salama, country head Global Banking UAE for the local GS business; Sarmad Lone, regional head of GB, MENAP, for the overall MENAP GS business; and to Rob Snell, global head of Global Subsidiaries.

El Borno holds a Bachelor’s of Science degree in Accounting and Finance from the American College of Switzerland. She is Emirati and is fluent is fluent in English, French and Arabic. – TradeArabia News Service