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HSBC appoints new head of private bank in Qatar

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Talal Alghalib (pictured) has been appointed as the new Market Head of Private Banking in Qatar.  He joins the bank after an extensive career in advisory services that stretches over a decade.

"It is with great pleasure that I am welcoming Talal to the senior management team of HSBC in Qatar," says Abdul Hakeem Mostafawi, CEO of HSBC in Qatar. "His expertise will support his efforts in expanding the private banking business and services in Qatar. Qatar is a priority market in the HSBC strategy and we will continue to invest in talent, products and services in this country."

Following four years of interest rate derivatives trading at Citibank’s Treasury, in the year 2000 Talal embarked on a nine-year career at Gulf Finance in Bahrain leading a team of relationship managers covering Saudi Arabia, Bahrain & Qatar.  In his last assignment, he was responsible for establishing the company’s Asia operations in Singapore.  In 2008, he co-founded 21 North Advisors, a multi-family office and independent advisory company.  Concurrently, he served as a Board Member of Khaleeji Commercial Bank in Bahrain for two years, and was appointed to the audit committee.

"Qatar plays an important role in MENA with a strategic development plan in terms of infrastructure, education, and trade. I am delighted with the opportunity to be here and I look forward to positioning HSBC Private Bank as an integral part of the country’s financial growth, serving the business community’s offshore requirements," says Algahlib, new Market Head of Private Banking in Qatar.

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