HSBC names new co-head for MENA investment bank

Skelton, who succeeds Tim Reid, was most recently deputy head of global banking for Asia-Pacific, handling the bank’s major client relationships in the region.
He will join co-head Alain Renaud in Dubai and will report to Mohammad Al-Tuwaijri, regional head of global banking and markets and private banking, the bank said.
Tim Reid will become the regional head of corporate banking at the European lender.