• HSBC

Barclays Wealth appoints Fawaz R. Baba as Managing Director to its Middle East operations

  • United Arab Emirates: Monday, August 24 - 2009 at 12:37
  • PRESS RELEASE

Barclays Wealth, a leading global wealth management institution, announces the appointment of Fawaz R. Baba as Managing Director to its Middle East operations.

He will report into Soha Nashaat, CEO of Barclays Wealth, Middle East and North Africa.

In his role as General Manager for the Dubai office, Fawaz Baba will be responsible for running the day-to-day business and further ensuring a high standard of performance, client interaction and achievement.

He brings with him a full array of expertise in fund development and client servicing which is complimented by several leadership positions held in various industry bodies.

Soha Nashaat, CEO Barclays Wealth, Middle East and North Africa, said:

"We are pleased to welcome Fawaz Baba to the Barclays Wealth team. We believe that he will add tremendous value - strengthening the day to day sales management process and creating efficiencies that will positively affect the level of service we provide to our clients. We look forward to his contribution in our continuing journey of growth."


Fawaz Baba possesses over 20 years of international banking experience. Prior to joining Barclays Wealth, he was a Principal at Investcorp Bank B.S.C. where he focused on exploring strategic relationships for co-investments in the firm's platform.

Before his time at Investcorp, Fawaz held other high level executive positions including Senior Vice President in HSBC-New York and Group Deputy CEO in Ahli United Bank-Bahrain where he specialized in the MENA region, addressing the regional business environment and local clients' needs.
Fawaz R. Baba.
Fawaz R. Baba.
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Notes and Media Contacts »

About Barclays Wealth:
Barclays Wealth is a leading global wealth manager, and the UK's largest, with total client assets of £134bn, as at 30 June 2009. With offices in 25 countries, Barclays Wealth serves affluent, high net worth and intermediary clients worldwide, providing international and private banking, investment management, fiduciary services and brokerage.

Barclays Group is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with an extensive international presence in Europe, the Americas, Africa and Asia.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 145,000 people. Barclays moves, lends, invests and protects money for over 49 million customers and clients worldwide.

For further information, please contact:
Dania Haffarbazzy
Barclays Wealth
Tel: 00971 4 365 2979

or

Melanie Schmutz
Memac Ogilvy PR
Tel: 00971 4 3050 31

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