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Sunday, November 22 - 2009

HSBC Amanah appoints new regional head for the MENA region

  • United Arab Emirates: Wednesday, July 02 - 2008 at 10:07
  • PRESS RELEASE

HSBC Amanah, the global Islamic financial services arm of the HSBC group, today announced the appointment of Khaled Rasheed as regional head of HSBC Amanah, Middle East & North Africa with immediate effect.

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  • Khaled Rasheed.
    Khaled Rasheed.
In his new role, Khaled will coordinate HSBC Amanah's core Islamic banking competencies in the Middle East, including personal financial services, commercial banking and private banking. He will also develop closer ties with clients and oversee HSBC Amanah's expansion in the region.

Nabeel Shoaib, Global Head of HSBC Amanah said: 'Khaled combines an extensive knowledge of the MENA region with an in-depth know-how in Islamic banking, which will add real value to our business. I am sure that Khaled will contribute to strengthening HSBC Amanah's position as a global leader in Islamic finance"

"Khaled's appointment is also further testimony to HSBC Amanah's commitment to developing local talents to assume senior regional and global roles,' added Nabeel.

Khaleed Rasheed has been with HSBC Bank Middle East since 1996. Most recently, he was senior manager Deira Branch. Prior to that, he held various senior positions in Personal Financial Services, Regional Training and Regional Call Centre. He also served as Abu Dhabi Branch manager.
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Notes and media contacts

For media inquiries, please contact Mohamed El Khalouki on +71 4 3906637

About HSBC Amanah

HSBC Amanah is the global Islamic financial services division of the HSBC Group. It was established in 1998 with the aim of making HSBC the leading provider of Islamic financial services worldwide. With more than 300 professionals serving the Middle East, Asia-Pacific, Europe and the Americas, HSBC Amanah represents the largest Islamic financial services team of any international bank. With the global resources of the HSBC Group at its disposal and the largest Islamic finance team of any international bank, HSBC Amanah is uniquely positioned to understand structure and distribute financial services that are compatible with the requirements of Shariah (Islamic Law

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