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17 November 2014
Dubai
Reporter Becky Butcher

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BNY Mellon appoints new Middle East leadership team

BNY Mellon has made key changes to its leadership team in the United Arab Emirates (UAE) and wider Middle East and Africa region.

Tarek Sherlala has been appointed as senior executive officer in the Dubai office.

Sherlala will lead business strategy for the branch and oversee compliance of the bank’s activities in Dubai. He will also continue as BNY Mellon’s head of asset servicing in the Middle East and Africa.

Rajai Ayyash will take the role of regional executive for the Gulf. For the past 10 years, Ayyash has been the country executive for the UAE, Kuwait and Oman.

Since early 2014, he has been responsible for Saudi Arabia, Qatar and Bahrain.

The restructuring follows the retirement of Tarek Elrefai, who has been senior executive officer of the Dubai branch and head of client management for the Middle East and Africa for five years.

The new senior team includes Imad Abukhal, Giambattista Atzeni, Brian Hoey, Clive Robinson and Bana Akkad Azhari.

Peter Pardi, co-chairman of Middle East and Africa at BNY Mellon, said: Those appointments demonstrate our clear commitment to investing in our people and our business as we continue to build out innovative solutions and deliver service excellence to support our banks, sovereigns and corporate issuers across the investment lifecycle.”

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