Executive Appointment: Joel Van Dusen to Join Mashreq as Head of Corporate and Investment Banking

DUBAI, UAE – Media
OutReach – 02 March 2020 – Mashreq, one of the
leading financial institutions in the UAE, has appointed Joel D Van Dusen as its
new Head of Corporate and Investment Banking Group.

Photo of Joel D Van Dusen: http://bit.ly/2PALSOk

During his career, he has held a number of senior corporate and
investment banking roles, most recently as Global Head of Large Corporates at HSBC.
 In this
role, he was responsible for coverage of large corporate clients, providing a
global service in 60+ countries and access to the full range of credit, capital
markets and structured product solutions, advisory, payment, cash management
and trade finance solutions.  Joel also
had responsibility for middle market financial sponsors, coverage for international
banking and the global real estate business.

 

Prior to that, he was Global Head of Corporate Banking at Bank of
America Merrill Lynch in London, where he led a global team of corporate and
commercial bankers servicing clients in 30 countries.

 

Augmenting this experience, Joel in the last several years has been
active as a board member, advisor and investor in businesses within the
greentech, fintech, software, consumer and retail sectors, working to guide and
assist management in repositioning operations to more effectively deliver
sustainable growth and value creation. 

 

He possesses an in-depth knowledge of banker coverage, financing
products, foreign exchange, cash management and trade products and has innovatively
integrated corporate, consumer banking and wholesale banking areas to grow
client engagement and revenues.

 

Commenting on the appointment, Ahmed Abdelaal, CEO, Mashreq Bank, said, “Joel has a reputation for hands-on leadership and has a
collaborative approach to developing strategy, business building, talent
development and client-focused, profitable growth. His wealth of experience
within commercial, corporate banking and investment banking will be a welcome
addition to Mashreq and I look forward to working closely with him on enhancing
the customer experience, the services we provide to our clients and delivering
increased shareholder value in this sector.” 

 

Joel D Van Dusen, added: “As a longtime advocate for innovation, I am delighted to be
taking up this role at Mashreq, who enjoy an unsurpassed reputation for
creative and innovative banking solutions. I am looking forward to building
upon the success that Mashreq currently enjoys in this challenging sector and
to working with Ahmed and the team on developing the customer experience.”

About Mashreq

One of the
UAE’s best performing banks for five decades, Mashreq is a leading financial
institution with an expanding footprint across the Middle East. We have
international offices across Europe, Asia, Africa and the US, and a strong
presence in all the financial capitals of the world.

 

As the oldest
bank in the UAE, our 51-year old journey can be traced back to humble
beginnings in 1967, followed by periods of rapid growth and strategic
expansion. Throughout our history, Mashreq has differentiated itself by
pioneering new-to-market concepts and launching unique products and
services. 

 

Our
innovative approach sets us truly apart. It also continues to win us
numerous awards and accolades in all the fields of banking we operate in —
Digital, Corporate, Retail, International, Treasury and Islamic, and
across the multiple banking channels we deploy — mobile, digital, online,
traditional and telephony. 

 

Mashreq is
proud to be the only institution in the UAE to be awarded the Gallup Great Workplace
Award for six consecutive years from 2014 to 2019.