Santander Private Banking’s Middle East division has named former HSBC executive Kamran Butt as its chief investment officer (CIO) and head of product.
Middle Eastern private banking company Banco Santander, based in Spain, has hired an executive. The Middle East unit of Santander Private Banking has appointed Kamran Butt, a former executive at HSBC, as its chief investment officer (CIO) and head of product. His headquarters will be in Dubai, and the Santander branch will be situated in the Dubai International Financial Center.
Butt comes to us from HSBC Global Private Banking, where he was the regional market head for Mena, a Dubai-based firm of investment counselors, and managing director. In addition, he held positions as managing director at Saudi asset manager Sedco Capital and head investment strategist for the Mena region at Credit Suisse.
Alfonso Castillo, worldwide head of private banking at Banco Santander, praised Butt’s selection. He greeted Kamran warmly and stated, “On behalf of the entire Santander Private Banking International team, I look forward to seeing all we can achieve together.”
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