Cash And Trade Magazine For Cash and Trade professionals in the Middle East
Abu Dhabi ( January 11th, 2015): The National Bank of Abu Dhabi (NBAD) has appointed Omar Mehanna as Managing Director and Global Head of Merchant Banking.
In his position, Mr. Mehanna will be responsible for the corporate finance, equity capital markets, project finance and debt advisory platforms. He will lead the continued development and implementation of strategy for NBAD 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 wholesale network across the West-East Corridor and integrate the Bank’s European and North American platforms into this network,” says Mark Yassin, Senior Managing Director of Global Banking and Co-Head of the Global Wholesale Bank.
“With a proven track record of expertise and deep understanding of different markets, Mr. Mehanna’s role to lead NBAD global merchant banking is an important part of NBAD’s strategy to further expand its service and market coverage across the Corridor.”
Mr. Mehanna has extensive years of international banking experience gained from serving in several financial institutions in Saudi Arabia, UAE, UK and France. He joins NBAD from Saudi British Bank (SABB) where he served as chief strategy officer. At SABB, he was responsible for preparing strategic medium term outlook plan and advising on acquisition deals. Prior to this, he served HSBC Group as managing director and head of investment banking advisory for MENA region and director of mergers and acquisitions in London. In addition, he worked in Bank of America, Close Brothers Corporate Finance and PwC.
Mr. Mehanna is a member of the Institute of Chartered Accountants in England and Wales (ICAEW). He holds a Bachelor’s degree in Econometrics and Mathematical Economics from London School of Economics.
