HSBC Bank Middle East Limited today announced the appointment of Kris Werner as Head of Retail Banking and Wealth Management, Qatar. Mr Werner assumes his new post with immediate effect.
Mr. Werner joins the Qatar business after 5 years with the HSBC Group working in a range of fast-growing economies, including roles in Turkey and India. In his new role, he will be responsible for the Retail Banking and Wealth Management business of the bank in Qatar.
Commenting on the appointment, Abdul Hakeem Mostafawi, CEO, HSBC Qatar, said: "I'm delighted Kris is joining us in Qatar. After successful stints elsewhere in the Group his experience will be invaluable as we continue to build our retail and wealth business. Kris's most recent position , as Chief of Staff, in HSBC Turkey - one of the Group's largest entities - was excellent preparation for his role in Qatar, one of the most competitive banking environments in the region."
Kris Werner, Head of Retail Banking and Wealth Management, Qatar, comments: "I am excited about the opportunities in Qatar - particularly in the wealth management sector, which is a fast-growing market in the country. As an international bank HSBC is uniquely positioned to meet this requirement, and support our customers to grow their personal wealth. Investing in opportunities to enhance customer service for our Premier and Advance customers will also continue to be a priority."
HSBC offers a full range of retail banking and wealth management products and services in Qatar. Further details are available at: www.hsbc.com.qa./
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Media Enquiries to:
Greta Madgwick
Tel: 44254224
Email: greta.madgwick@hsbc.com
HSBC in the MENA Region
HSBC is the largest and most widely represented international banking organisation in the Middle East and North Africa (MENA), with a presence in 14 countries across the region. HSBC has operations in the United Arab Emirates, Egypt, Qatar, Oman, Bahrain, Kuwait, Jordan, Lebanon, Pakistan, Algeria and the Palestinian Autonomous Area. In Saudi Arabia, HSBC is a 40% shareholder of Saudi British Bank (SABB), and a 49% shareholder of HSBC Saudi Arabia for investment banking in the Kingdom. In Iraq, HSBC holds a majority shareholding in Dar Es Salaam Investment Bank. HSBC also maintains a representative office in Libya.
This presence, the widest reach of any bank in the region, comprises some 273 offices and around 12,000 employees. In the full year 2011, HSBC in the MENA region made a profit before tax of US $1,492 million.
© Press Release 2012
