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JP Morgan hires ex-UBS banker as global Islamic head

J. P Morgan Chase has hired Hussein Hassan as its global head of Islamic finance, the US-based investment bank said in a statement on January 22. Hassan was previously at UBS, where he was global head of Islamic structuring and head of structuring for the Middle East and North Africa (MENA), the statement said.

"Hussein is widely acknowledged as one of the most experienced and prominent Islamic banking experts and I am confident his knowledge will help us to serve clients better across the globe," Sjoerd Leenart, senior country officer for MENA at J. P Morgan, said.

Hassan will be based on Dubai and report to Abdulaziz Al Helaissi, the bank's head of global corporate banking in MENA, the statement added.

Copyright Reuters, 2013



 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyMay
Trade Balance $-2.171 bln
Exports $2.175 bln
Imports $4.346 bln
WeeklyJune 17, 2013
Reserves $11.446 bln