Mon, Feb 22, 2016

Business, Banking & Finance
Deutsche Bank promotes Al Kishi

Deutsche Bank has promoted Jamal Al Kishi as its Chief Executive Officer, Middle East and Africa (MEA).

Al Kishi replaces Ashok Aram who is relocating to Frankfurt as Chief Executive Officer Europe, Middle East and Africa (excluding Germany and the UK). 

Al Kishi will remain Chief Executive Officer Deutsche Securities Saudi Arabia and will chair the Middle East and Africa (MEA) executive committee.  

Deutsche Bank has also promoted Salah Jaidah as Chairman Middle East and North Africa, to spearhead its comprehensive efforts with its core clients. 

Jaidah will continue as General Manager, Deutsche Bank AG Doha (QFC) Branch and as Chief Country Officer Qatar and will continue as a member of the MEA executive committee. 

Commenting on the appointments, Aram said: “The Middle East and Africa remains an important part of the bank’s global network with potential for significant growth aligned with the execution of Strategy 2020. The new Regional Management leadership team overseeing Deutsche Bank’s Middle East and Africa business operations, promoted from within our existing pool of strong, local talent, will ensure clients in the Middle East and Africa retain access to the bank’s global expertise.”

Al Kishi joined Deutsche Bank in 2007 as CEO, Deutsche Securities Saudi Arabia and Head of Corporate and Investment Banking.  Prior to that he spent over 12 years in corporate and investment banking in Saudi Arabia. He was a senior executive at Arab National Bank for ten years and prior to that he worked in corporate banking with Saudi American Bank, based in Riyadh. Al Kishi has a master’s in business administration, banking and finance from King Fahd University of Petroleum and Minerals in Saudi Arabia and a bachelor’s degree in engineering from Arizona State University in the US.  

Jaidah joined Deutsche Bank in 2011 as Chief Country Officer for Qatar and Vice Chairman for the Middle East and North Africa. Prior to joining Deutsche Bank, he was Qatar Islamic Bank’s (QIB) Chief Executive Officer, a position he held since 2005.  Prior to joining QIB, Jaidah was General Manager of Doha Bank, and before that he had a long and distinguished career with the Commercial Bank of Qatar. Jaidah has a Bachelor of Business from Texas Christian University and has completed an Advanced Management Programme at Oxford Business School. 

Germany's Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. 

Deutsche Bank also has an operation located at Dubai International Financial Centre (DIFC) in Dubai, UAE.

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