Feb 12 2013
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Mohammad Al Tuwaijri appointed to the Board of HSBC Bank Middle East Limited
The appointment has received the necessary regulatory approval and is effective immediately. Mohammad Al Tuwaijri is also a serving Board member of The Saudi British Bank (" SABB "), HSBC Egypt S.A.E. ("HBEG") and HSBC Saudi Arabia Limited (" IBSA ").
Commenting on the appointment, HBME Chairman David Eldon said: "Having spent two decades serving the needs of clients across the Middle East, Mohammad brings significant operating and strategic experience to the Board. This considerable experience will be invaluable as we continue to grow our business across the region, with a firm focus on Saudi Arabia, Egypt and the UAE."
2007-2010: Managing Director and Head of JP Morgan Saudi Arabia
2004-2007: Saudi British Bank , Group Head of Treasury and Board member of HSBC SA Ltd.
2003-2004: Saudi British Bank , Deputy Treasurer and Head of Investments
2000-2003: Saudi British Bank , Head of Risk Management
1993-1995: National Commercial Bank, Riyadh, Treasury Sales Analyst
1987-1993: Fighter Pilot, Royal Saudi Airforce - Mission Leader
1995-1997: KSU Riyadh, MBA
1984-1986: Air Force Academy, Riyadh, BA in Aero Science
3. The Board of Directors of HBME as at the date of this announcement are:
- David G Eldon (Chairman)
- Simon N Cooper (Deputy Chairman and CEO)
- Mohammad Al Tuwaijri
- Robert B Gray
- Christopher J M Keirle
- A Robin Monro-Davies
- Abdul Hakeem Mostafawi
- Sir William Patey
- Abdulfattah Sharaf
- Thomas L Slattery
- Nicholas G Winsor
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 295 offices and around 12,000 employees. In the three quarters of the year ending on 30 September 2012, HSBC in the MENA region made a profit before tax of US$1,048m.
Media enquiries to:
HSBC Bank Middle East Limited
Tel: 971 4423 5628
© Press Release 2013
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