The bank has also complemented the MENA team with 14 new hires, comprising a mix of relationship managers and client service managers.

Standard Chartered Private Bank has appointed Ali Hammad as market head, private banking, Middle East and North Africa. Ali Hammad is based in London and reports to Stephen Atkinson, regional head, private banking Europe, Middle East and Africa.

Ali Hammad brings with him some 30 years of private banking experience. He joins from Coutts & Co where he was most recently head of Asia, Middle East and Africa. He has also worked at Credit Suisse and UBS in a number of senior roles based in Beirut, Dubai and London, focused on serving Middle Eastern clients.

The bank has also complemented the MENA team with 14 new hires, comprising a mix of relationship managers and client service managers, who have joined over the course of Q1 2019.

“As we continue investing in our private banking business, these appointments demonstrate our commitment both to the region and the ultra-high net worth business. We are excited to add to our bench strength of talented and experienced bankers, and are confident that Ali and the team will drive the acceleration of our business growth in the MENA region,” Didier von Daeniken, global head, private banking and wealth management, said.