Managing Director & Head of Middle East and North Africa, Barclays Wealth.
Soha Nashaat joined Barclays Wealth in October 2006, moving to Dubai from London where she was Executive Director & Head of Offshore Middle East business for Merrill Lynch. Since moving to Dubai, Soha started by building and expanding the Barclays Wealth business in Dubai, and brought Barclays global capabilities to the region. In December 2006 the bulk of Barclays Wealth private banking business completed its move into the Dubai International Financial Centre. 2007 saw the consolidation of the business into the DIFC and the move into a new 14,000 square feet facility in the DIFC Gate Village. These offices act as the hub for Barclays Wealth business in the region.
Soha began her career as a Product Manager at Merrill Lynch in New York in 1991. She quickly rose through the ranks, and was asked to move in 1997 to Buenos Aires, Argentina where she served as Deputy Office Manager for the “Southern Cone” which comprised of Argentina, Chile and Uruguay. Her ability to lead and inspire the largest international office for Merrill Lynch led the firm to ask her to relocate once again- this time to assume leadership of the London Middle East office. She was subsequently given additional leadership responsibilities for the Monte Carlo and Geneva offices that formed the Offshore Middle East and non-resident Indian group. In addition, Soha was responsible for the creation of the ICG – Institutional Client Group covering Small and Mid Cap Institutions in partnership with Institutional Sales. This group continues to be one of the fastest growing units in Europe & the Middle East for Merrill Lynch.
Soha was named “Woman Banker of the year 2007” at the 6th Middle East Businesswomen and Leaders Achievements Awards ceremony on International Women’s day in May 2007. She was featured in the Financial Times list of Leading Business Women in the Arab World in 2007 and 2008, and was in the Financial News top 100 women in Finance in 2009. She also ranked 23rd in Arabian Business Magazine listing of the 100 most powerful Arab Women 2011.
Following five successful years since joining Barclays Wealth as Head of Middle East and North Africa for IPB EMEA, Soha Nashaat will transition out of her operational leadership role by the end of Q4 2011. This will allow Soha to exercise her request to develop a client and strategic advisory role, assisting the Head of IPB in the execution of the business strategy, and continuing to assist the firm in servicing of our key clients in the region. Soha will move to the position of Barclays Wealth Senior Advisor and member of our Barclays Bank (Suisse) SA board of directors.