MUFG has appointed Wael Al Sharif as Head of Global Corporate and Investment Banking (GCIB) for the Middle East and North Africa (Mena). Wael, who previously held the role of Deputy Head GCIB for Mena, will be responsible for overall management and development of the GCIB business in the Mena region. His appointment is effective from April 1, 2024, subject to regulatory approvals, and will report into Phillip Roberts, Head of GCIB, MUFG EMEA and Yohsuke Takahashi, Regional Head for the Middle East.

Wael succeeds Elyas Al Gaseer who has held the post of Head of GCIB Mena since 2013. Elyas will transition from his current role to become Vice Chair of GCIB Mena and will focus on advising MUFG's senior clients across the MENA region.