Sultan Al Suwaidi is a former Secretary-General of the UAE General Authority for Youth & Sports Welfare, and was endorsed as a member of the UAE Federal National Council on 5th February 2007.
"Sultan has been engaged to help further the strategic aims of the bank. He will facilitate meetings between senior representatives of Standard Chartered Bank with members of the Royal families, Ministers, senior officials and high level dignitaries within Government institutions," said Nigel Jones, CEO of Standard Chartered, UAE. "He will also be advising the Bank on regulatory requirements and Government expectations, as part of our strategy to position ourselves as a major international banking institution within the UAE."
"Standard Chartered has identified the UAE as a crucial global market, and it is our intention to work closely with local government and provide effective guidance and influence on key regulatory issues that will shape the country over the next decade," said Sultan Al Suwaidi, Chief Advisor to Standard Chartered UAE.
Assisting Sultan Al Suwaidi in this newly-created role, will be Mohammed A Al Sayyah, who celebrates 30 years with the Bank, Mohammed A Al Sayyah moves into this role to work closely with Sultan Al Suwaidi to provide guidance and advice.
"Mohammed A Al Sayyah has a lifetime of experience and in-depth knowledge of the local market, and will contribute invaluable and effective guidance to this position," continued Jones.
"He will continue to support our Property Management strategies, while also assisting the PRO office and with corporate liaison with local regulators and government officials. Mohammed A Al Sayyah is the living embodiment of Standard Chartered's ability to combine our global capability with deep local knowledge, which sets us apart from all competitors."
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Standard Chartered appoints Chief Advisor
- United Arab Emirates: Sunday, April 01 - 2007 at 11:27
- PRESS RELEASE
Standard Chartered, a leading international bank in the UAE, has appointed Sultan Al Suwaidi as Chief Advisor to the Bank, focusing on assistance with high-level strategy and government liaison.
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Standard Chartered - leading the way in Asia, Africa and the Middle EastStandard Chartered PLC is listed on both the London Stock Exchange and the Hong Kong Stock Exchange and is consistently ranked in the top 25 among FTSE-100 companies by market capitalisation.
Standard Chartered has a history of over 150 years in banking and operates in many of the world's fastest-growing markets with an extensive global network of over 1,400 branches (including subsidiaries, associates and joint ventures) in over 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas.
As one of the world's most international banks, Standard Chartered employs almost 60,000 people, representing over 100 nationalities, worldwide. This diversity lies at the heart of the Bank's values and supports the Bank's growth as the world increasingly becomes one market.
With strong organic growth supported by strategic alliances and acquisitions and driven by its strengths in the balance and diversity of its business, products, geography and people, Standard Chartered is well positioned in the emerging trade corridors of Asia, Africa and the Middle East.
Standard Chartered derives over 90 per cent of profits from Asia, Africa and the Middle East. Serving both Consumer and Wholesale Banking customers worldwide, the Bank combines deep local knowledge with global capability to offer a wide range of innovative products and services as well as award-winning solutions.
Trusted across its network for its standard of governance and corporate responsibility, Standard Chartered takes a long term view of the consequences of its actions to ensure that the Bank builds a sustainable business through social inclusion, environmental protection and good governance.
Standard Chartered is also committed to all its stakeholders by living its values in its approach towards managing its people, exceeding expectations of its customers, making a difference in communities and working with regulators.
For further information please contact:
Niall McLoughlin
Regional Head of Corporate Affairs, Standard Chartered Bank
Tel: +971 (0) 4 5070467
Fax: +971 (0) 4 3594174
Mobile: +971 (0) 50 6251329
Medilyn Manibo, Assistant News EditorSunday, April 01 - 2007 at 11:27 UAE local time (GMT+4)
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This article was updated on Tue May 22 2007.
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