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Banker is moving to Greece as focus grows in connecting its capital markets and banking sector to international investors
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After years of isolation from Islamic banking, India’s central bank, the Reserve Bank of India, has created an internal committee to review the country’s Islamic banking regulations.
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David Azéma, chief executive of the Agence des Participations de l’Etat, the French state holding company, will join BAML as chairman of the global infrastructure group and vice chairman of global corporate and investment banking EMEA.
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State Street Corp has appointed Kevin Wong as its new head of sector solutions for Asia Pacific, hiring him from his most recent position at Citi.
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Abu Dhabi Islamic Bank plans to convert Barclays’ United Arab Emirates retail banking business by the end of this year and has seen its own net profit jump 22.5% in the second quarter, to Dh454.8m ($123.8m).
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Alizz Islamic Bank has promoted its chief financial officer, Saif Al Yarabi, to general manager and chief operating officer. The appointment comes amid various hires to the firm.
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A young North Carolina CLO manager is looking to expand its small team with three new hires in the next couple of months, according to a person at the firm.