Standard Chartered appoints Shada El Borno as Regional Head of Global Subsidiaries

Standard Chartered today announced the appointment of Shada El Borno as Regional Head of Global Subsidiaries (GS) for the Middle East, North Africa and Pakistan (MENAP) markets, and Head of GS for UAE. In this role, Shada will be responsible for managing the Bank’s GS business for MENAP and will also join the Global GS Management Team.

Shada brings a wealth of experience to the position and has been with Standard Chartered for 22 years. She has held a number of senior roles at the Bank, most recently as the Regional Head of Business Management, Global Banking MENAP. She was also the Head of Financial Institutions (FI) and the Head of Client Coverage Group in the UAE.

Commenting on Shada’s appointment, Julian Wynter, Chief Executive Officer, Standard Chartered, UAE said: “We are pleased to announce Shada’s new role with our team at Standard Chartered. Her in-depth knowledge, experience and connectivity within the Bank, and the industry as a whole, will undoubtedly allow us to leverage our network across the region.

The UAE remains a key market for Standard Chartered and the largest single-country franchise in the region. We are confident that, in her new role, Shada will lead the team in providing comprehensive coverage for this important client segment.”

In the new position, Shada will work closely with the local Country Banking and GS Heads, regional product and functional support partners and coverage teams to deliver the Bank’s MENAP and network capabilities to key corporate clients. She will report into Mohamed Salama, Country Head Global Banking UAE for the local GS business; Sarmad Lone, Regional Head of GB, MENAP, for the overall MENAP GS business; and to Rob Snell, Global Head of Global Subsidiaries.

Earlier in 2017, Shada was appointed as a member to the Board of Directors at Emirates Institute for Banking and Financial Studies (EIBFS). She holds a Bachelor’s of Science degree in Accounting and Finance from the American College of Switzerland. She is Emirati and is fluent is fluent in English, French and Arabic.

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