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Home Sector Banking & Finance

HSBC appoints Nabeel Albloushi as head of markets & securities services for MENAT region

4 December 2023
in Banking & Finance
Reading Time: 2 mins read
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Nabeel Albloushi

HSBC, a leading global financial institution, has announced the appointment of Nabeel Albloushi as the Head of Markets & Securities Services for the Middle East, North Africa, and Turkiye (MENAT) region. This strategic move is a part of HSBC’s commitment to strengthening its presence and executing a robust growth strategy in the dynamic MENAT market.

As a pivotal member of HSBC’s regional leadership team, Albloushi will play a crucial role in implementing the bank’s growth strategy, capitalizing on its competitive strengths in capital financing and providing sophisticated solutions to support clients seeking international investment and expansion opportunities.

Albloushi brings a wealth of experience to his new role, having led the successful development of HSBC’s regional corporate sales platform since 2015. During his tenure, he has significantly enhanced MENAT connectivity across key business and investment corridors, demonstrating his strategic vision and leadership capabilities.

Stephen Moss, the Regional Chief Executive of HSBC in the Middle East, North Africa, and Turkiye (MENAT), expressed confidence in Albloushi’s abilities, stating, “Nabeel’s long experience, deep market knowledge, and strong client relationships, built with distinction over 27 years with HSBC, are qualities that will drive a new phase of growth in our markets and securities services business. His expertise will be particularly instrumental in leveraging our international network to connect clients to opportunities across key investment corridors, especially the rapidly growing business corridor between MENAT and Asia.”

Antoine Maurel, Head of Markets and Securities Services for both Europe & MENAT, commended Albloushi’s achievements, saying, “Thanks to his successful leadership of our markets and securities services business in the UAE, Nabeel has developed and maintained strong relationships with exchanges and regulators in the region and with clients across multiple sectors.”

Commenting on his new role, Nabeel Albloushi expressed enthusiasm, stating, “With HSBC’s long heritage in the region and its international footprint, I look forward to connecting corporates and clients to a global network of capital and capabilities. My aim is to provide bespoke solutions in financing and digital foreign exchange flows, opening them up to a world of opportunity across markets in Asia, Europe, and the Americas.”

HSBC’s strategic appointment of Nabeel Albloushi underlines the bank’s commitment to delivering tailored financial solutions and fostering international business growth in the MENAT region. This move positions HSBC as a key player in facilitating global connections for its clients, aligning with the bank’s long-standing tradition of excellence and innovation in the financial sector.

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