Standard Chartered Bank has announced the appointment of Abbas Husain to the position of the Regional Head of Corporate Finance in Africa and the Middle East (AME), based in Dubai.
Having been with the lender for 17 years, Abbas has been leading one of the largest and most successful Project & Export Finance teams in the region, with a proven track record in structuring and executing project finance transactions in the power, water, oil and gas, metals and infrastructure sectors. He has over 24 years of banking experience.
Along with his new responsibilities as Head of Corporate Finance, AME, he will double as Head of Project & Export Finance for the Middle East, North Africa and Pakistan (MENAP) to cover Europe, Africa, Middle East, and Pakistan.
Commenting on the new role, Sunil Kaushal, Regional CEO, Africa, and the Middle East, said, “The appointment of Abbas demonstrates the commitment we have made in developing top leadership talent within the bank. We are focused on the continued growth of our business, and he brings a valuable wealth of experience in successfully advising clients across a diverse range of sectors in our footprint.” Adding, “As we navigate the current COVID-19 crisis, Abbas will play a crucial role in supporting our clients across Africa and the Middle East during this challenging period.”
Abbas was in 2017 awarded the Dealmaker of the Year by EMEA Finance for Europe, the Middle East & Africa. Under his leadership, the MENAP Project Finance business has been recognized industry-wide as the Best Project Finance House in the region over the last few years. He has also been a key contributor to driving the bank’s Sustainable Finance commitment through leadership in the renewables sector
Prior to joining Standard Chartered, Abbas worked with Citibank, managing a portfolio of multinational corporates and local corporates and at Bank of America managing a diversified portfolio.
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