Standard Chartered Appoints Head of Origination and Client Coverage for Bahrain

Wednesday, 25 September 2012, Manama, Bahrain - Standard Chartered Bank Bahrain appointed  Hussam AlFaqir as Head of Origination and Client Coverage and Co-Head of Wholesale Banking for Bahrain. Hussam was previously Head of Large Local Corporates with Standard Chartered in Dubai. In his new role, he will be responsible for developing and executing Bahrain's Wholesale Banking strategy with a focus on deepening client relationships.

Commenting on the appointment, Morad Mahlouji, Regional Head of Origination and Client Coverage Middle East, North Africa and Pakistan, Standard Chartered Bank said,

"Hussam's strong client relationships and banking experience will ensure we continue to strengthen our franchise in Bahrain. The Middle East is one of Standard Chartered's strategic markets globally and Hussam's knowledge and skills will help us in further advancing the business in Bahrain."

Hassan Jarrar, Chief Executive Officer of Standard Chartered Bahrain said: "Standard Chartered has been operating in Bahrain for more than 90 years and the appointment of a senior banker, like Hussam, who understands this region, is a clear reflection of the Bank's commitment to developing Arab talent to lead the bank in the future. "

Hussam joined Standard Chartered in early 2009 and has 17 years of banking experience encompassing consumer banking and wholesale banking most of which was in the UAE. Prior to joining the Bank, he worked for several local and multinational banks. Under his leadership the Large Local Corporates business has grown from strength to strength. Hussam will report to Morad Mahlouji, Regional Head of Origination and Client Coverage Middle East, North Africa and Pakistan and to Hassan Jarrar, Chief Executive Officer, Bahrain.

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For further information about Standard Chartered, please contact:
Nimmi Kamal
Head of Corporate Affairs Standard Chartered Bahrain 
Tel: 0097317150760
E-mail: nimmi.kamal@sc.com  

Standard Chartered - leading the way in Asia, Africa and the Middle East
Standard Chartered PLC is a leading international bank, listed on the London, Hong Kong and Mumbai stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns around 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years.

With 1,700 offices in 70 markets, Standard Chartered offers exciting and challenging international career opportunities for more than 87,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. The Bank's heritage and values are expressed in its brand promise, 'Here for good'.

For more information on Standard Chartered, please visit www.standardchartered.com/bh Follow Standard Chartered Bahrain at www.facebook.com/standardcharteredbh and on Twitter @StanChartMENAP

© Press Release 2012