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Tue 9 Jul 2013 09:17 AM

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HSBC appoints new boss for MidEast

Mohammed al Tuwaijri becomes CEO as Simon Cooper takes up global role at UK-based lender

HSBC appoints new boss for MidEast

HSBC has appointed Mohammed al Tuwaijri as CEO of its Middle East and North Africa operation after former head Simon Cooper was named CEO of global commercial banking at the lender.

The change, effective from October 1, will see Cooper move to London where he will replace Alan Keir, who has been promoted to CEO of HSBC Bank.

Cooper jointed HSBC in 1989 and has previously worked out of the UK, Asia and the Middle East.

Al Tuwaijri, who is currently regional head of global banking and markets at HSBC’s investment banking unit, has spent 18 years with the lender and the associated Saudi British Bank. He is also a former Saudi Air Force pilot.

In other changes, outgoing HSBC Bank CEO Brian Robertson will become chairman of HSBC Latin America and a director of HSBC North America Holdings from January 14. He will continue in his role as a director at HSBC Malta and chairman of HSBC Turkey.

Cooper’s departure as head of Middle East and North Africa at HSBC is one of several major personnel changes at banks in the region this year.

Rick Pudner, group CEO of Emirates NBD, will depart Dubai’s largest listed lender at the end of 2013 to be replaced by Standard Chartered Private Bank CEO Shayne Nelson.

Michael Tomalin, CEO of National Bank of Abu Dhabi, has also stepped aside be replaced by ANZ Group’s Alex Thursby.

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