HSBC Saudi CEO, Walid Khoury Departs, Successor Chosen
- HSBC’s Saudi Arabian Chief Executive Officer, Walid Khoury has parted ways with the British banking giant, paving the way for the appointment of new CEO Nabeel Shoaib, who is slated to take over immediately.
HSBC’s Saudi Arabian Chief Executive Officer, Walid Khoury, has parted ways with the British banking giant, paving the way for the appointment of new CEO Nabeel Shoaib, who is slated to take over immediately.
HSBC has made a number of moves lately in its personnel department, having lost its Head of Asset Management, Osama Shaker, back in July. In addition, the banking group has made a number of other key executive hires, relegated to its Commercial Banking and Finance sectors.
The appointment of Nabeel Shoaib heralds the start of a new era for the group in Saudi Arabia – Mr. Shoaib has been a mainstay at HSBC since 1985 when he joined affiliate Saudi British Bank. Over the years he has held a number of senior level roles with the group across its Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, operations and Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term sectors.
HSBC’s Saudi Arabian Chief Executive Officer, Walid Khoury, has parted ways with the British banking giant, paving the way for the appointment of new CEO Nabeel Shoaib, who is slated to take over immediately.
HSBC has made a number of moves lately in its personnel department, having lost its Head of Asset Management, Osama Shaker, back in July. In addition, the banking group has made a number of other key executive hires, relegated to its Commercial Banking and Finance sectors.
The appointment of Nabeel Shoaib heralds the start of a new era for the group in Saudi Arabia – Mr. Shoaib has been a mainstay at HSBC since 1985 when he joined affiliate Saudi British Bank. Over the years he has held a number of senior level roles with the group across its Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, operations and Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term sectors.