ADIB appoints new global head of wholesale banking: Abu Dhabi Islamic Bank (ADIB) tapped Hakim El Karoui (LinkedIn) as global head of the wholesale banking group, according to a press release.

El Karoui brings over 27 years of experience in the financial services and banking sector, with a background in corporate and investment banking, risk management, and capital markets across both MENA and international markets. His previous experience includes serving as managing director and co-head of global corporate and investment banking at Merrill Lynch, as well as a tenure at Citigroup.

Fuze is bolstering its in-house regulatory team: Abu Dhabi-backed financial infrastructure provider Fuze appointed Khalifa Mohamed Al Fahim as director of regulatory affairs, according to a press release. Al Fahim’s experience includes tenures at the Central Bank of the UAE, the UAE Financial Intelligence Unit, and Wio Bank.

Dubai-based asset manager Al Mal Capital promoted deputy CEO Sanjay Vig (LinkedIn) to the top job, according to a press release. Vig joined the firm in 2016 as managing director for corporate advisory and direct investments. Prior to his tenure at Al Mal, Vig worked at the likes of Monument, Mashreq, and Alpen Capital.

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