Mashreq hooks another major player
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| Dusen |
He came into the position based
on his stellar record that included a 25-year stint with the renowned Citibank
that saw him handling several key roles.
Now, in an indication that it’s
planning real big for its future, Mashreq has appointed another distinguished
financial analyst, Joel D Van Dusen, as its new head of corporate and
investment banking group.
Like Nahas, Dusen has also held a
number of senior corporate and investment banking roles, most recent of which
was global head of large corporates at HSBC.
In this role, he was responsible
for coverage of large corporate clients, providing a global service in 60+
countries and access to the full range of credit, capital markets and
structured product solutions, advisory, payment, cash management and trade finance
solutions.
He also had responsibility for
middle market financial sponsors, coverage for international banking and the
global real estate business.
Prior to that, he was global head
of corporate banking at Bank of America Merrill Lynch in London where he led a
global team of corporate and commercial bankers servicing clients in 30
countries.
He’s also been active as a board
member, advisor and investor in businesses within the greentech, fintech,
software, consumer and retail sectors, working to guide and assist management
in repositioning operations to more effectively deliver sustainable growth and
value creation.
He possesses an in-depth
knowledge of banker coverage, financing products, foreign exchange, cash
management and trade products and has innovatively integrated corporate,
consumer banking and wholesale banking areas to grow client engagement and
revenues.
Commenting on the appointment, Ahmed
Abdelaal, CEO, Mashreq, said, “Joel has a reputation for hands-on leadership
and has a collaborative approach to developing strategy, business building,
talent development and client-focused, profitable growth. His wealth of
experience within commercial, corporate banking and investment banking will be
a welcome addition to Mashreq and I look forward to working closely with him on
enhancing customer experience, the services we provide to our clients and
delivering increased shareholder value in this sector.”
Also speaking, Dusen said, “As a
longtime advocate for innovation, I’m delighted to be taking up this role at Mashreq
who enjoy an unsurpassed reputation for creative and innovative banking
solutions. I’m looking forward to building upon the success that Mashreq
currently enjoys in this challenging sector and to working with Ahmed and the
team on developing the customer experience.”
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