June 22, 2024

Ali Khunji appointed Head of Wealth, PB, GPB By HSBC in Bahrain


HSBC Bahrain recently announced appointing Ali Khunji as Head of Wealth and Personal Banking (PB), to power the latest phase of expansion focused on Wealth Management.

From L to R: – Ali Khunji Head of Wealth and Personal Banking for HSBC in Bahrain and Shakofa Asghar, whom he is replacing

Ali will succeed Shakofa Asghar, who is retiring after leading HSBC Bahrain’s retail bank for the past 15 years. He will be operating in dual roles of his existing role as Managing Director and Market Head of Private Banking (GPB) Bahrain with his new responsibilities to lead all Wealth and Personal Banking activities for HSBC in Bahrain.

Ali added: “We see great potential for our wealth management proposition, which offers a variety of investment and savings opportunities for customers to grow their wealth portfolio. HSBC has been opening up a world of opportunity for customers in Bahrain for 76 years and our heritage, our international network, and our investments in digital banking are key competitive advantages as we look forward to our next phase of growth.”

Christopher Russell CEO at HSBC Bahrain

Chris Russell, CEO of HSBC Bahrain stated: “Ali has extensive knowledge of the local market and his insights will serve our customers well as we grow our wealth management business. Shakofa’s leadership of our personal banking business over the past 15 years has created a strong foundation on which to further build HSBC’s position as the preferred international financial partner for our customers in Bahrain. We thank her for her hard work and dedication.”


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