Tags
JP Morgan Chase has promoted two bankers to senior roles in Saudi Arabia, the bank said in a statement last week, after its top banker in the kingdom left earlier this year to join the central bank.
Rayan Fayez has been named senior country officer for Saudi Arabia, the statement said. He joined JP Morgan from Goldman Sachs in 2012 as investment banking head and co-chief executive of Saudi Arabia.
Fayez replaces Abdulaziz al-Helaissi, who left JP Morgan in the first half of 2013 to take a position at the Saudi Arabian Monetary Agency. His move was part of a wider trend in the kingdom to tap senior executives from leading global financial institutions to run key state entities.
Meanwhile, Bader Alamoudi has been named chief executive of JP Morgan’s Saudi Arabian business, the statement said.
There are no comments.
SPORT Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.
TECHNOLOGY Some 60mn primary-school-age children have no access to formal education
CULTURE Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions
ARABIA The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged
ARABIA Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.
ARABIA The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.
ECONOMY Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.
