Mashreq appoints new head of public sector, healthcare, education and energy

Mashreq has appointed Feras Al Jaramani as Executive Vice President, Head of Public Sector, Healthcare, Education and Energy. In his role, Feras will be responsible for growing Mashreq’s expanding portfolio across his designated sectors within the bank’s Corporate and Investment Banking Group (CIBG).

Feras joins Mashreq following over 18 years of experience with leading banking groups across the Middle East and North Africa. His breadth of experience extends across public sector portfolios, export credit agency transactions, trade and cash management, M&A transactions, DCM transactions and global markets. Feras joined HSBC Bank Middle East in 2008 and remained there prior to joining Mashreq. For over twelve years he held various leadership roles in the bank before becoming its Director and Head of UAE Federal Government, Sharjah & Northern Emirates Desk, Global Banking.

Prior to HSBC, Feras worked at United Arab Bank, Al Ain in corporate banking. He started his career in banking at Union National Bank, Al Ain, working in its corporate banking division until 2005. He holds a bachelor’s degree from Damascus University of Syria.

Commenting on the appointment, Joel Van Dusen, Group Head of Corporate and Investment Banking Group, Mashreq Bank, said: “I would like to extend a warm welcome to Feras, who joins our corporate banking and investment banking division. With our corporate clients increasingly valuing deep sectoral expertise as well as a banking knowledge partner that can help them to adapt swiftly to market changes, Feras’ strong background in corporate and institutional banking will enable us to provide even more relevant and bespoke solutions to match their needs.  In his role, he will support us in building on and improving our portfolio, as well as establishing long-term relationships with business and government leaders across his designated sectors. I am certain Feras will play a vital role in elevating our brand across the region and positioning Mashreq as the corporate banker of choice for key stakeholders. I wish him the very best as he begins his journey with the Mashreq family.”

Feras Al Jarmani added: “Mashreq has built a solid reputation as one of the leading homegrown banking brands in the region and I am excited to join them as they continue to expand across key sectors. As the public sector contributes increasingly towards economic recovery and stabilization, there exists a lot of opportunity for innovation within this space and across essential industries such as healthcare, education and energy. I look forward to working with a dedicated team of passionate experts in delivering a seamless, innovative, digital-first banking experience for Mashreq’s corporate cusomers.”