Banking hustler moves on

Nahas
While some complain about their lives being miserable, mostly as a result of them being lazy both physically and intellectually in a world that requires more innovation than before, others seem to move from glory to glory with ease.

One of those that fall into the latter, preferred and better category of hustlers is definitely Tarek El Nahas who’s just been appointed as head of international banking of Mashreq (https://www.Mashreqbank.com/), one of the leading financial institutions in the UAE.

Nahas storms into Mashreq on the back of a 25-year stint with Citibank where he was most recently the head of corporate and investment banking for North Africa, Egypt and Levant, managing teams across 6 countries in the MENA region.

He has held several senior roles in Egypt, Algeria and the UAE and has extensive experience across a wide range of disciplines, including corporate finance, investment banking, derivatives and structured products, commercial banking and corporate banking.

Nahas, whose wholesale banking experience extended to working with large corporates, financial institutions, sovereigns and the public sector, has a BA in economics and political science from the American University in Cairo and an MSc in economics from the London School of Economics.

Commenting on the appointment, Ahmed Abdelaal, CEO, Mashreq, said, “I am delighted to welcome Tarek to the Mashreq family. Our legacy has been built upon a commitment to developing our leadership capabilities and as we look to grow our international presence, Tarek’s experience will be invaluable.

“Tarek will take over from Jan-Willem Sudmann later this month. Jan played a pivotal role in the success of Mashreq’s international banking story for the last 4 years. We wish Jan good luck and gratitude for his service to Mashreq.”

Also speaking, Nahas said, “I am excited to be joining Mashreq. Mashreq is recognized for innovation and service excellence and with my regional experience, I look forward to collaborating closely with my new colleagues to enhance customer experience and create further inroads to the international business group for Mashreq.”

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