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StanChart appoints new head of corporate finance for Africa and Middle East

13 Jun 2020, 10:51 am
Financial Nigeria
StanChart appoints new head of corporate finance for Africa and Middle East

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According to a statement by the bank, Husain brings to the position 24 years of banking experience, 17 years of which have been with Standard Chartered.


Standard Chartered has announced the appointment of Abbas Husain as its new Regional Head of Corporate Finance, Africa and the Middle East (AME).
    
According to a statement by the bank, Husain brings to the position 24 years of banking experience, 17 years of which have been with Standard Chartered, leading one of the largest and most successful Project & Export Finance teams in the region, with a track record in structuring and executing project finance transactions in the power, water, oil and gas, metals and infrastructure sectors.

Along with his new responsibilities, Husain will also expand his role as Head of Project & Export Finance for Middle East, North Africa and Pakistan (MENAP) to cover Europe, Africa, Middle East and Pakistan. He will continue to be based in Dubai.

In his previous role, Abbas advised, structured and executed over 50 deals in MENAP, raising more than US$100 billion of debt, including advising/structuring more than 60 gigawatts of new power generation and water projects that produce over 1,700 million imperial gallons per day in the region across 11 countries. Abbas was awarded the Dealmaker of the Year by EMEA Finance for Europe, Middle East & Africa in 2017.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.


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