Tag: Senior Management
THE UAE ADVISER: Prove to the business that you’re not a cost centre
The attitude towards HR among the upper echelons of Middle Eastern financial institutions is so antiquated it wouldn’t look out of place in an episode of the Flintstones. Shortly before Christmas I sat in on a senior management meeting at a large regional financial institution. When the HR director suggested that his division should be [...]
More and more brokerage firms are saying bye-bye to Dubai
Working for a brokerage firm in the Gulf has been something of a perilous affair for a couple of years now, but depressed trading volumes in the first quarter of 2011 have seen more firms shut up shop. There are now just 65 brokerages operating in the UAE, compared with 103 at the beginning of [...]
Five roles facing a skills shortage in the City
Should you be considering a move to the City of London any time soon, it’s worth noting that the jobs market appears to have come full circle from this time last year and a skills shortage is looming. Certainly, that’s the suggestion of recruiters Astbury Marsden, which has concluded that the number of skilled candidates [...]
Who’s hired in the Middle East in March?
Hiring in the Middle East’s financial sector remains healthy, if a little subdued, but there are promising signs that firms are beginning to view the region as strategically important once again and may increase headcount to reflect this. Al-Kaliji, the Qatari bank, has been on a recruitment drive to attract local university graduates and school [...]
REVIEW MY CV: Are there really fewer jobs than this time last year or am I doing something wrong?
I’ve only been looking for a new investment banking job for one month, but am slightly baffled by the complete lack of success. A year ago, right after the Lehman Brothers collapse, I was offered two jobs – one at a mid-sized investment bank and another within a consulting firm. Now, however, I have not [...]
GUEST COMMENT: Nationalisation needs to be about more than filling quotas
In spite of the financial crisis dampening job prospects in the GCC, the issues surrounding nationalisation continue on relatively unabated, as does the battle between expats and nationals. We take it as a given that nationals are useless or that expats are arrogant – depending on which side of the fence you sit. The governments [...]
Who hired in the Middle East in September?
The month of Ramadan is typically a quiet period for financial services recruitment in the Gulf and this year was no exception. Though a handful of new firms commenced new operations, the majority of recruitment was restricted to replacement hires and internal reshuffling. Bank of Tokyo Mitsubishi, the Japanese commercial bank, has started its operations [...]
Tell me, what is wrong with my CV (2)
Following on from last month’s CV review, another brave candidate has submitted their CV for you to offer constructive criticism. Below is their profile (with all personal details removed) and little about their search for new employment so far. Can you offer some tips about where they may have been going wrong and what, exactly, [...]
Who hired in the Middle East in April?
The investment banking recruitment market, silent for some months now, finally showed a few signs of life in April. Even more improbably, international firms have made some hires. Abu Dhabi Islamic Bank has taken on Hashim Al Zarooni as regional head of its private banking division in the Northern Emirates as it looks to expand [...]
Islamic banking jobs boost for Bahrain
With an Islamic ‘mega-bank’ set for launch in Bahrain in 2009 (along with some other recent start-ups) it seems that the sector could offer ample job opportunities this year. Adnan Youseff, CEO of Bahrain-based Al Baraka Banking Group has confirmed plans to create a $10bn Islamic bank – the world’s biggest – by year end. [...]
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