Steve Klemme appointed as head of Middle East in Barclays private bank and overseas services

Steve Klemme
Updated 10 November 2017
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Steve Klemme appointed as head of Middle East in Barclays private bank and overseas services

Barclays has announced that Steve Klemme will be joining as the head of Middle East in private bank and overseas services.
With over 30-year experience in leading Middle East regional teams for global financial institutions, Klemme brings a unique depth and range of specialist expertise that will support the delivery of a high-growth strategy for private bank and overseas services across the region.
He and his teams, based in Dubai, Switzerland and London, will develop and strengthen relationships with Middle Eastern high net worth and ultra-high net worth clients through the delivery of bespoke advice and solutions and access to corporate and investment banking products and services.
Karen Frank, CEO, private bank and overseas services, Barclays, said: “This year we have completed a series of strategic appointments to deliver increased growth and returns. I’m excited to see our all new colleagues take up their seats because it shows the ambition of what we want to achieve for our clients. Klemme’s appointment significantly advances our plans to strengthen our capabilities in the Middle East.”
Francesco Grosoli, head of private bank for Europe, the Middle East and Africa, said: “Klemme’s track record in the Middle East, together with his technical expertise, will enable Barclays to originate and deliver a full range of banking, investment and credit capabilities tailored to the specific needs of our clients in the region. Klemme will focus on growing our Middle East market, by expanding and deepening our client relationships and delivering solutions from across Barclays International.”


Mohammed Alajmi new GM of Deutsche Bank Riyadh

Updated 23 September 2018
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Mohammed Alajmi new GM of Deutsche Bank Riyadh

Deutsche Bank has announced the appointment of Mohammed Alajmi as general manager of Deutsche Bank AG Riyadh Branch in Saudi Arabia. 

Jamal Al-Kishi, chief executive officer, Middle East and Africa, said: “Over 12 years, our bank has grown its presence in the Kingdom to now boast one of the largest populations of local Saudi talent at any international financial institution. The development of our workforce is just one example of Deutsche Bank’s deep commitment to the Kingdom and Mohammed’s appointment is a further reflection of the strength of our local Saudi team, of which we are extremely proud.” 

He added: “I am confident Mohammed will utilize his impressive network and deep local knowledge of the financial sector.” 

In his new role, Alajmi will oversee the bank’s business regulated by the Saudi Arabian Monetary Authority (SAMA), working closely with business units and infrastructure functions to deliver the bank’s services to its Saudi clients whilst ensuring strict compliance with regulatory requirements.

Alajmi joined Deutsche Bank in 2012 after more than a decade’s experience working in local financial institutions in the Kingdom. He was appointed chief operating officer in June 2015 overseeing the bank’s activities across all businesses and infrastructure functions.