The Islamic Bank of Asia (IB Asia) announced two key senior appointments to drive the bank’s focus on investment banking and establish greater connectivity between the Middle East and Asia. Harish Parameswar is appointed Managing Director and Head of Investment Banking and will be based in IB Asia’s head office in Singapore. . Saleh Al Nashwan joined IB Asia as the Chief Representative for its Bahrain Representative Office.
Toby O’Connor, CEO of IB Asia, said: “The addition of Harish and Saleh to our senior management reflects IB Asia’s commitment to deliver a first class Shariah compliant merchant banking platform servicing Asia and the Middle East. Harish brings a wealth of investment banking, private equity and relationships within Asia while Saleh has extensive business experience and connectivity in the Middle East. Strong client coverage across the Middle East and Asia with high quality transaction origination and execution are essential for us to fully capture our business opportunity.” (Press Release)