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#1- JP Morgan is setting up a private banking team in Dubai, aiming to cater to the Gulf region’s expanding pool of affluent individuals, Reuters reports, citing a statement from the bank.
Who’s in? Sebastian Botana de Beauvau (LinkedIn) is coming over from the Geneva office and Carol Mushriqui (LinkedIn) is joining from London. Together, they’ll lead the lender’s Dubai team, offering wealth management services to individuals, family offices, charities, and family foundations across the region, with plans to expand the team further in the coming years.
#2- The Abu Dhabi National Company for Building Materials (Bildco) appointed Abdullah Al Falasi as vice CEO, according to an ADX disclosure (pdf). The appointment coincides with the resignation of the firm’s CEO Salah Junaibi (LinkedIn).
#3- Dubai Crown Prince and Deputy Prime Minister Sheikh Hamdan bin Mohammed Al Maktoum made number of senior appointments across several Dubai government entities, state news agency Wam reports:
- Issam Abdulrahim Kazim (LinkedIn) was named CEO of Dubai Corporation for Tourism and Commerce Marketing;
- Mohammed Abdullah Shael AlSaadi (LinkedIn) was appointed as CEO of Dubai Corporation for Consumer Protection and Fair Trade;
- Essa bin Hadher (LinkedIn) was named CEO of the economic strategy sector at Dubai Department of Economy and Tourism ;
- Sahia Sajjad Ahmed (LinkedIn) was named CEO of regulatory policy and governance at Dubai Department of Economy and Tourism;
- Saad Mohammed Al Awadhi was appointed as CEO of corporate support services at Dubai Department of Economy and Tourism;
- Khaled Hassan Mohammed Mubasheri was named CEO of the legislation and disputes sector at Dubai Department of Economy and Tourism;
- Yousuf Ahmed Lootah (LinkedIn) was appointed as CEO of strategy and corporate performance at Dubai Department of Economy and Tourism.
