State Street Corporation has appointed Majed Al Hassoun as Country Head for Saudi Arabia and Bahrain.
In his new role, Al Hassoun will be responsible for the development and execution of an enterprise-wide approach to growing business in the Middle East.
He will report to Oliver Berger, Head of Emerging Growth Markets, and Emmanuel Laurina, Head of Middle East, Africa, and Official Institutions for SSGA.
Based in Riyadh, Al Hassoun will act as CEO of State Street for Saudi Arabia Financial Solutions and will be responsible for ensuring the entity’s compliance with regulatory and legal expectations.
Majed joins after 7 years Citi in Saudi Arabia where he was Managing Director and Head of KSA Investment Banking. Before this he spent 10 years at Saudi Fransi Capital were he was latterly Director within Investment Banking.