Mehanna becomes MD

The National Bank of Abu Dhabi (NBAD) has appointed Omar Mehanna as managing director and global head of merchant banking.

In his position, he will be responsible for the corporate finance, equity capital markets, project finance and debt advisory platforms. He will also lead the continued development and implementation of strategy relating to merchant banking, ensuring that NBAD provides a one-bank approach to its clients.

“Merchant banking is one of the key sectors that align to NBAD’s wholesale banking strategy, which aims to deepen the wholesale network across the West-East Corridor and integrate the Bank’s European and North American platforms into this network,” said Mark Yassin, senior managing director of global banking and co-head of the global wholesale bank.

Mehanna has extensive years of international banking experience gained from serving in several financial institutions in Saudi Arabia, the UAE,the UK and France. He joins NBAD from the Saudi British Bank (SABB), where he served as chief strategy officer.