Reyl appointed a new chief executive officer for its Emirates-based subsidiary. The banker was a co-founder of the business and has a quarter of a century of banking experience.

Nicolas Farah will take over as CEO of Reyl Finance in the United Arab Emirates, according to a statement by the bank on Monday. Farah joined the business in 2015 as one of the founding members.

The banker has a quarter of a century of experience in the finance industry, having worked for Manufacturers Hanover, A.T. Kearney, Standard Bank, Willow Impact Investors and ES Bankers – both in London and Dubai.

«This appointment reflects our commitment to the UAE and we are confident that under Nicolas Farah’s stewardship, the group’s regional growth strategy will be maintained on a path to success,» said François Reyl, CEO of Reyl banking group.