HSBC Qatar has appointed Elie el-Asmar as its head (Commercial Banking) in a move bringing more than 20 years of corporate banking experience to clients in the country.
“We are delighted to welcome Elie to the senior leadership team in Qatar where he will add great value to our customers thanks to his extensive experience in Commercial Banking across the region,” said Abdul Hakeem Mostafawi, CEO, HSBC in Qatar.
“As an international bank we value the importance of our international network of experts. Elie, who joins us from Algeria where he led HSBC’s business as CEO, will be a great asset to the team on the ground Mostafawi added. HSBC Commercial Banking serves large and medium-sized corporates in Qatar, with particular focus in helping customers make the most of the new economic ecosystems created in tandem with the country’s substantial infrastructure building programme.
El-Asmar said, “Qatar is an exciting market, with local clients expanding their businesses internationally and overseas clients establishing a presence or strengthening operations in the country.”
HSBC has been present in Qatar since 1954 and is one of the oldest banks operating in the country.
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