HSBC has appointed Jon Connor as Head of Advisory & Investment Banking Coverage for the Middle East, North Africa and Turkey (MENAT).
Based in Dubai, Connor will combine his current responsibilities as HSBC’s Global Head of Transport, Logistics, Infrastructure & Construction to lead Advisory & Investment Banking Coverage activity across the MENAT region.
Gareth Thomas, HSBC’s Regional Head of Global Banking for MENAT, said: “This appointment demonstrates the importance of MENAT to HSBC’s global growth strategy, the aspirations we have for our Global Banking business here, and the leadership role we have in the transport, logistics, infrastructure and construction sector – a sector that is fundamental to the ambitious economic diversification strategies of our clients in the region.”
Connor added: “Our primary focus is to serve our clients efficiently across our global network as we connect them to capital pools and advise on achieving growth ambitions. The positioning of a global sector in the region indicates our focus on MENAT and alongside our local market-leading execution capabilities will ensure the highest level of service to clients across our event business.”
Connor has 23 years of experience in investment banking, 15 of which have been with HSBC in Asia and Europe.
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HSBC in the MENAT region
HSBC is the largest and most widely represented international banking organisation in the Middle East, North Africa and Turkey (MENAT), with a presence in nine countries across the region: Algeria, Bahrain, Egypt, Kuwait, Oman, Qatar, Saudi Arabia, Turkey and the United Arab Emirates. In Saudi Arabia, HSBC is a 31% shareholder of Saudi British Bank (SABB), and a 51% shareholder of HSBC Saudi Arabia for investment banking in the Kingdom. Across MENAT, HSBC had assets of US$68.9bn as at 31 December 2020.
© Press Release 2021