HSBC Private Bank has appointed Feras Al Jarmani to lead its UAE Market, bringing the bank's UAE private banking teams under a single leadership, the group said in a statement on 7 August 2026. The move expands Al Jarmani's previous responsibilities as Head of the UAE Market for Arab and Emirati Clients, giving him coverage of the full domestic private banking business in the country.
Aladdin Hangari, Head of HSBC Private Bank, MENA, called the move "an important step as we deliver on our ambition to be the leading private bank in the region." The appointment supports HSBC's UAE wealth hub strategy and the ambition of its International Wealth and Premier Banking business to become the UAE's leading international wealth player, serving clients from affluent individuals to ultra-high-net-worth families and entrepreneurs.
UAE TEAMS UNDER SINGLE LEADERSHIP
In his expanded role, Al Jarmani will drive closer alignment across HSBC's UAE private banking teams, faster decision-making and a more integrated, consistent client experience, while maintaining clear governance and accountability, the bank said.
TWENTY-FIVE YEARS OF EXPERIENCE
Al Jarmani brings 25 years of financial services experience, including 13 years at HSBC serving sovereign and corporate clients in the UAE.
The bank said the expanded remit brings its UAE private banking teams under a single leadership as it pursues its ambition to become the leading private bank in the Middle East. HSBC describes the UAE as a strategically important market, noting that it attracts more net inflows of millionaires than any other country in the world.