Deutsche Securities Saudi Arabia, a securities firm wholly owned by Deutsche Bank AG, on Wednesday named Tamim Jabr as chief executive officer with immediate effect.

 

He takes over from Jamal Al Kishi, who has become CEO for Deutsche Bank in the Middle East and Africa, the bank said in a statement.

 

Jabr, a Saudi national, has been with Deutsche Bank for 14 years having worked in both London and Riyadh in the Corporate and Investment Bank.

 

Since moving to Riyadh in 2006, he has been instrumental in building Deutsche Securities Saudi Arabia’s franchise in the kingdom.

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