Mashreq banking group, one of the leading financial institutions in the United Arab Emirates (UAE) with investments across North Africa has appointed Tarek El Nahas as its new Head of International Banking Group.

Mr. Tarek El Nahas who spent 25 years at Citibank and most recently as the Head of Corporate and Investment Banking for North Africa, Egypt and Levant, managing teams across 6 countries in the MENA region has been described as highly qualified for the position.

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He has also held several senior roles in Egypt, Algeria and the UAE and has extensive experience across a wide range of disciplines, including corporate finance, investment banking, derivatives and structured products, commercial banking and corporate banking. Tarek’s wholesale banking experience extended to working with large corporates, financial institutions, sovereigns and the public sector. Tarek has a BA in economics and political science from the American University in Cairo and a MSc in economics from the London School of Economics.

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Speaking on the appointment, the CEO of Mashreq Group Ahmed Abdaal said that it is a delight to welcome Tarek to the Mashreq family. “Our legacy has been built upon a commitment to developing our leadership capabilities and as we look to grow our international presence Tarek’s experience will be invaluable.

“Tarek will take over from Jan-Willem Sudmann later this month. Jan played a pivotal role in the success of Mashreq’s international banking story for the last 4 years. We wish Jan good luck and gratitude for his service to Mashreq.”

Responding, Tarek noted that he is excited to be joining Mashreq. Mashreq is recognized for innovation and service excellence and with my regional experience, I look forward to collaborating closely with my new colleagues to enhance the banks customer experience and creating further inroads to the international business group for Mashreq.”

Kelechi Deca

Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry