DUBAI, UAE - EQS Newswire - 27 July 2020 - Mashreq, one of theleading financial institutions in the UAE, has recently appointed James Pearsonas the Head of Financial Institutions (FI) and Non-Banking Financial Institutions(NBFI), part of the bank's Corporate and Investment Banking Group (CIBG).
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James possesses over 30 years' experience in corporate andinvestment banking and has worked extensively with banks, insurers, investorsand intermediaries. He joins Mashreqfrom Nomura, where he served as Head of Financial Institutions, Asia (ex-Japan).Prior to Nomura, James worked at Standard Chartered Bank in Singapore for sevenyears, where he was the Global Head of Financial Institutions Industry Coverageand Global Head of Insurance Clients.
Furthermore, James has worked with various organizations includingABN AMRO / RBS and Morgan Stanley where he held several leadership positions coveringthe Asia-Pacific markets including roles leading the Financial Institutions sectorand Investment Banking business.
In his role at Mashreq, James willbe responsible for devising and implementing the overall business strategy forthe Financial Institutions segment working closely with Head of CIBG to delivera broader range of products to the bank's clients while driving othergrowth initiatives.
Commenting on the appointment, Joel D Van Dusen, Head of Corporate andInvestment Banking Group at Mashreq Bank, said: "I am delighted to welcome James, who brings a wealth of knowledgeacross the global Financial Institutions sector to Mashreq. His addition to theteam will also enable us to benefit from his substantial experience andrelationships with Insurance, Banking and Investor clients. I am certain that hisappointment will add immense value to our Financial Institutions business, andhelp to create solutions that are not just highly-relevant for our clients, butare also aligned with our spirit of innovation."
James Pearson added: "It is a privilege to take on this senior role at one of the mostprogressive financial organizations in the region. The banking industry isgoing through dramatic change and continues to transform at pace. I am very excitedto work at Mashreq, who have always placed an emphasis on staying ahead of thecurve and delivering the best solutions to their clients. I look forward toworking with Joel and my new colleagues, as we grow our Financial Institutionsbusiness and the Mashreq franchise as a whole."
One of the UAE's best performing banksfor five decades, Mashreq is a leading financial institution with an expandingfootprint across the Middle East. We have international offices in Europe,Asia, Africa and the US, and a strong presence in the financial capitals of theworld.
As the oldest bank in the UAE, ourjourney can be traced back to humble beginnings in 1967, followed by periods ofrapid growth and strategic expansion. Throughout our history, Mashreq hasdifferentiated itself by pioneering new-to-market concepts and launching uniqueproducts and services.
Our innovative approach sets us trulyapart. It also continues to win us numerous awards and accolades in allthe fields of banking we operate in -- Digital, Corporate, Retail,International, Treasury and Islamic, and across the multiple banking channelswe deploy -- mobile, digital, online, traditional and telephony.