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Mashreq elects Aziz Ata as Global Head of FI and NBFI

January 20, 2023

Mashreq, one of the leading financial institutions in the UAE, has announced recently the appointment of Aziz Ata as its new Global Head of Financial Institutions (FI) and Non-Banking Financial Institutions (NBFI).

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Industry sources added that Aziz is a trusted Industry Veteran and a senior banking executive with a proven track record of delivering consistent revenue growth. He has had a variety of roles at HSBC including Regional Head of Debt Capital Markets, MENA, and Regional Head of the Debt Financing and Liability Solutions platform.

Most recently, Aziz served as the Head of the Financial Institutions Group and Public Sector, MENAT. During his time, Aziz led many regional firsts for the industry, such as the issue of MENA’s first-ever green bond. He holds a Master of Science (MS) degree in Financial Engineering from the University of Michigan and an MBA from the University of Florida.

Industry sources also added that Mashreq has confirmed that Aziz’s obligation involves overseeing Mashreq’s FI and NBFI segments worldwide, developing and implementing the business plan for the division, offering the senior leadership for key client relationships, and managing regulatory, industry, and obligor risks across the portfolio.

For his part, Aziz commented: “I am excited to start a new chapter with Mashreq, a progressive and inspirational financial institution with an enduring legacy. I look forward to leveraging my experience and expertise to contribute to consolidating Mashreq’s market leadership in the region and beyond.”

Joel Van Dusen, Group Head of Corporate Banking & Investment, Mashreq stated: “We are delighted to welcome Aziz to the Mashreq family. We believe his extensive experience of advising clients on strategic financing opportunities will strengthen our offering at a time when our business is witnessing significant momentum and growth. Aziz’s impressive career, combined with a passion for clients, gives us confidence that he can help Mashreq shape the future of our financial institutions business.”

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