(MENAFN- The Peninsula)
Standard Chartered Bank announced the appointment of Abdulla Abdulrazaq Bukhowa (pictured) as the new Chief Executive Officer for its business in Qatar.
The appointment is considered a milestone for the Bank as he is the first Arab and GCC national to assume this position. Bukhowa will be responsible for overseeing Standard Chartered's overall operations, as well as, the management of the international corporate and institutional clients' segment in the Country. With a wealth of diverse experience that spans over 20 years, Mr. Bukhowa assumes this new role after having successfully led the corporate and institutional business and the financial markets business for Standard Chartered in Bahrain.
Dr Boutros Klink, Chief Executive Officer for Standard Chartered Bank Bahrain and GCC said: 'I am delighted that Abdulla will be leading Standard Chartered Bank's business in Qatar. His appointment comes as a milestone for us, as he is not only the first Arab CEO for Standard Chartered Qatar, but also the first GCC national to be occupying this important position. The GCC region and Qatar remain important and strategic markets for Standard Chartered and we will ensure they are led by qualified experts. Abdulla played a key role in successfully transforming our business in Bahrain and I look forward to his leadership and experience in growing and developing our business in Qatar.
Abdulla Abdulrazaq Bukhowa, Chief Executive Officer for Standard Chartered Bank Qatar said: 'I am honoured to be leading our franchise in the State of Qatar, which is also one of our strategic markets in the GCC region. Being the first bank in the country since 1950, we have a deep-rooted commitment to the State of Qatar, our clients, and the community. We have built strong relationships over the past decades and take pride in having witnessed the monumental economic and infrastructural developments, spearheaded by the country's leadershipquot;.
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