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UAE’s BLME Holdings appoint new Chief Executive Officer

Michael Williams will report directly to Adel Abdul Wahab Al-Majed, Non-executive Chairman of the Board of BLME Holdings.

BLME Holdings plc (“BLME Holdings”) has announced the appointment of Michael Williams as interim CEO of BLME Holdings plc and of its main operating company, Bank of London and The Middle East plc (“BLME”) with effect from Wednesday 13th May.

Michael will report directly to Adel Abdul Wahab Al-Majed, Non-executive Chairman of the Board of BLME Holdings plc.

Michael is a qualified banker, previously Chief Executive Officer of the International Bank of Qatar in Doha and before this Chief Executive Officer of the National Bank of Fujairah, based in Dubai. His former roles include Managing Director of Nomura Bank International Plc, London and Managing Director of Barclays Global Services.

Adel Abdul Wahab Al-Majed Non-executive Chairman, said: “Michael’s experience across the UK and Middle East, as well as his familiarity with the Bank through his role as a Non-Executive Director, will ensure seamless continuity to the normal operations of the Bank during this interim period.”

Michael will stand down as Senior Independent Director to be replaced by Neil Holden.