People Moves
London-Based Islamic Bank Hires From UBS

London-based Shariah compliant
Bank of London and the Middle East has appointed Muriel
Simon, Fazal Ahmed and Ihab Al-Derzi as private bankers following
its launch in January this year.
Ms Simon joins BLME Private Banking from
UBS London, where she focused on UK resident non-domiciled
high net worth clients. She will advise on investments as well as
credit and wealth restructuring solutions for BLME’s Private
Banking clients. Before UBS, she worked at Barclays Wealth,
advising its international high net worth clients. Prior to that
Ms Simon also worked at JP Morgan Investment Bank where she dealt
with French institutions designing FX derivatives structures.
Mr Ahmed joins BLME from Bank of Ireland Property Finance where
he specialised in the European real estate market. Previously he
worked for RBS and Lloyds TSB, managing an international client
base, focusing on structuring real estate debt solutions for
large corporates and high net worth clients.
Mr Al-Derzi joins BLME from Barclays Bank, where he worked within
the Retail, Commercial and Private Client divisions. Prior to
this, he was the head of Private Banking at Islamic Bank of
Britain in London.
BLME Private Banking will provide Islamic finance and banking to
high net worth individuals, entrepreneurs and their corporations
in the UK, Europe and Middle East.