HSBC Names New MENA Global Private Banking Head, Other Senior Hires

Editorial Staff

3 October 2023

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Tabbara has led the business since 2012, expanding its coverage of the ultra-high net worth segment to markets such as Saudi Arabia, United Arab Emirates, Bahrain and Qatar. Both he and Hangari will serve as co-heads of the role until January next year to ensure a smooth transfer of responsibilities.

Prior to this new role, Hangari worked for 20 years at Credit Suisse, most recently as chief executive of Credit Suisse (Qatar LLC) and CEO of Aventicum Capital Management Holding.

Separately, HSBC has appointed another former Credit Suisse figure, Patrick D’Damico, as global market head for Qatar. Christian Hiller, Thomas Schaad and Simon Aeschlimann are also joining the Qatar team from Credit Suisse as relationship managers. They’ll be based out of Switzerland and integrated with HSBC’s existing desk based onshore in Qatar.

In another move to add to its offer from Switzerland, HSBC said it is appointing Kouroche Achtari as market head for “international Switzerland” – also coming from Credit Suisse. This role focuses on how the bank said it will enhance its coverage for Switzerland-based UHNW clients and family offices that have an international footprint. In Israel, meanwhile, HSBC has appointed Roy Mironi as desk head of Israel, reporting to Oren Ben Ishay, market head of Israel and head of the Tel Aviv rep. office. He previously worked for Deutsche Bank.