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HSBC has announced the appointment of Dinesh Sharma as Regional Head of Wealth Management and Personal Banking for EMEA with effect from 1 September after obtaining the necessary regulatory approvals.
Dinesh joined from the Citibank Group, where he was Chief Retail Banking Officer for the Middle East. His headquarters will remain in the United Arab Emirates and in the next phase he will lead the bank’s growth HSBC In asset management and personal banking in MENAT and Europe, with a clear focus on increasing the base of valuable customers and driving digital transformation.
Nuno Matos, CEO of Wealth Management and Personal Banking, said: “Dinesh has extensive knowledge and invaluable experience in this business sector in the Middle East, having led Citi’s retail banking business in the region since 2014. It will be very important in improving our ability to grow in this industry in the region.I would like to take this opportunity to congratulate him on his appointment as we look forward to strengthening our position as the leading international asset management bank in the Middle East and Europe.I would like to thank Taylan Turan for his temporary management of wealth management and personal banking for the EMEA region over the past year, which he has taken on in addition to his continuing role as Group Head of Retail Banking and Strategy for Wealth Management and Personal Banking. “
Stephen Moss, Regional CEO of the Middle East, North Africa and Turkey, said: “The Middle East region is very important to our private banking, wealth management and personal banking business. In particular, the UAE is a rapidly growing global hub for international wealth management, a prime location for advanced customers. “Digital asset management solutions, and a place where we dedicate more of our resources to improving our customer service opportunities and opportunities. We look forward to Dinesh leading the team in the Middle East to expand our business.”
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