UK-based Europe Arab Bank has hired Moorad Choudhry as head of treasury, where he will report to Antoine Sreih, confirmed last week as chief executive.  Dr Choudhry will have responsibility for capital and money markets, fixed income cash and derivatives trading, structured finance, securitisation and credit derivatives.

Before joining EAB he was head of treasury at KBC Financial Products and previously a vice president in structured finance with JPMorgan Chase Bank in London.

In an internal move, Neil Turnnidge has been appointed deputy head of treasury.