People Moves

HSBC Appoints New Head Of Global Banking For MENAT

Amanda Cheesley Deputy Editor 19 August 2022

HSBC Appoints New Head Of Global Banking For MENAT

The latest moves and appointments at HSBC in the Middle East, North Africa and Turkey.

HSBC has appointed Julian Wentzel as head of global banking for the Middle East, North Africa and Turkey. He is succeeding Gareth Thomas who is taking on the new role of chief risk officer for the  MENAT region.

Based in Dubai, he will report to Greg Guyatt, co-CEO of global banking and markets and to Stephen Moss, CEO of MENAT, the bank said this week in an internal memo seen by WealthBriefing.

Subject to regulatory approval, Wentzel will start his new role from 18 September 2022.

In the new role, he will lead client coverage across MENAT and oversee the regional product teams, as well as first line risk management, including credit, reputational, compliance and financial crime, the bank said. He will also chair the regional Capital Allocation Committee.

With more than 25 years of banking experience across client coverage, capital markets and advisory, Wentzel joined HSBC in 2015 in London before relocating to Johannesburg in 2016 to lead global banking’s Africa business, the bank said. In 2019, he returned to London as head of global banking UK and international Europe.

Before joining HSBC in 2015, Wentzel spent 10 years at Macquarie as head of equities for EMEA, the bank added. Prior to that, he worked at JPM Cazenove where he held a number of senior investment banking positions including co-head of equities, South Africa.

Over the coming months, the bank will also be conducting an internal and external search in London for a successor to Wentzel’s previous role as head of global banking for the UK.

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