Fadi Halout has joined Europe Arab Bank (part of the Arab Bank Group) as Head of Private Banking and a member of the Bank's Executive Committee. Europe Arab Bank has Private Banking centres in London, where the Bank has its Head Office, plus Paris and Cannes, providing a range of personal banking services to high net worth clients from the Europe and MENA region.
Fadi joins EAB from National Bank of Abu Dhabi, based in Paris where he was the Country CEO for the past 12 years. He is a very experienced banker and General Manager and has spent over 20 years in roles covering leadership, business development and governance with a track record of leading successful teams.
He has worked in multilingual and multicultural environments; a French National of Arab extraction and speaks English, Arabic and French fluently. He has much experience of handling relationships with high net worth private banking clients from various parts of MENA.
Prior to National Bank of Abu Dhabi he worked at BLC Bank (France) and Credit Agricole Indosuez Group in HNW banking environments. Fadi was also lecturer in Asset Management courses at Paris-Dauphine University from 2001 to 2005. He was elected President of the Foreign Banks Association in France (CBEF) in 2013.
He has a Trium Executive MBA from HEC Paris, London School of Economics and New York University Stern and holds a Master's Degree in Industrial Organization from Paris-Dauphine University.
Ziyad Akrouk, Europe Arab Bank's CEO says; "I am delighted to have Fadi joining the Bank to lead our Private Banking team and look forward to working with him to continue the development of the business. With his strong banking background, knowledge and experience in providing products and services to HNW individuals, he will be a valuable addition to the Bank's senior management team."
Arab Bank plc
Arab Bank, in Amman, Jordan, is one of the largest banking institutions in the region. The Bank was established in Jerusalem in 1930 by the late Mr Abdul Hameed Shoman, whose vision was "to create a financial institution to serve Arab economies and people". Arab Bank Group now has a global network of 600 branches, spanning 5 continents and enjoys a prominent position in key markets and financial centres such as London, Dubai, Singapore, Geneva, Paris, Frankfurt, Sydney and Bahrain.
Arab Bank, which was recently named 'Best Bank in the Middle East' by Global Finance Magazine, reported positive financial results in 2015 in spite of the challenging environment in the region. The Group's net operating income exceeded one billion U.S. dollars and net profit after tax and provisions reached USD 442.1 million at the end of 2015. These positive results are a clear testament of the Bank's success in dealing with the regional and global circumstances as a result of the prudent and sound policies which it adopts.
Arab Bank Group provides a wide range of financial products and services for individuals, corporations and other financial institutions. The Bank's products and services cover Consumer Banking, Corporate and Institutional Banking and Treasury services.
For further information on Arab Bank Group visit www.arabbank.com
Europe Arab Bank plc
Europe Arab Bank (EAB) is a wholly owned subsidiary of Arab Bank plc. It opened its doors for business in August 2006 and has a capital base of €541m (31st December 2015). EAB is headquartered in London and the Bank currently has offices in Frankfurt, Milan, Paris and Cannes. In addition, the Bank has a dedicated Private Banking office in London to service private clients.
Clients of EAB have access to a comprehensive set of Private, Corporate and Institutional Banking and Treasury products and services. It is a niche European bank that has a clear focus on relationship banking; supporting business between Europe and North America and the MENA region as a seamless extension of the Arab Bank Group. It provides on the ground support with access to MENA countries, enabling its clients to do business with confidence and efficiency.
For further information on Europe Arab Bank visit www.eabplc.com
Alternatively please contact:
Kevin Holt
Head of HR and Marketing and Communications
Europe Arab Bank plc
+44 (0) 207 712 8752
+44 (0) 7584704723
marketing@eabplc.com
© Press Release 2016
