HSBC appoints new head of global banking MENAT

253

HSBC has appointed Gareth Thomas as Regional Head of Global Banking for the Middle East, North Africa and Turkey (MENAT), effective September 2018, subject to regulatory approval.

Gareth is currently HSBC’s Co-Head of Public Sector for Global Banking, based in London. He has extensive experience in the MENAT region, including current senior banker roles for a number of MENAT priority clients.

Commenting on the appointment, Georges Elhedery, Group General Manager, Deputy Chairman and CEO of HSBC Bank Middle East Limited, said, “Gareth has extensive experience of banking clients around the world as well as a deep understanding of the region. He will be a valuable addition to our senior leadership team as we move through this important period of growth for our business in the Middle East, North Africa and Turkey.”

Gareth will relocate to Dubai for his new role. He will be responsible for the execution, leadership and delivery of the Global Banking strategy across the MENAT region.

Gareth succeeds Matthew Wallace, who was recently appointed as HSBC’s Head of Global Banking for Europe.