People Moves
UAE's Mashreq Hires Former StanChart Exec To Lead Private Bank
A senior former figure at the private banking arm of Standard Chartered takes up a new role.
Mashreq, the banking
group based in the United Arab Emirates, has appointed Rajesh
Malkani as head of private banking and wealth, having previously
been a top-level executive at the private bank of Standard
Chartered.
The move comes after Malkani was appointed in October 2014
as regional head, private banking clients, MENAP, Africa and
South Asia at Standard Chartered. He originally joined Standard
Chartered in 2006. Before this, Malkani was with BNP Paribas
Private Bank in Hong Kong and Singapore between 1996 and 2006. In
his last role there he was head of Southeast Asia. He has also
worked with UBS Private Banking in Hong Kong, Mashreq said in a
statement yesterday.
Mashreq claims to be the oldest bank in the UAE with a branch
network across the Emirates. It is also present in 11
countries outside the UAE, with 21 overseas branches and offices
across Europe, US, Asia and Africa. The bank was created in
1967.
