Mashreq, a leading financial institutions in the UAE, has appointed James Pearson as the Head of Financial Institutions (FI) and Non-Banking Financial Institutions (NBFI), part of the bank’s Corporate and Investment Banking Group (CIBG).Pearson possesses over 30 years’ experience in corporate and investment banking and has worked extensively with banks, insurers, investors and intermediaries. He joins Mashreq from Nomura, where he served as Head of Financial Institutions, Asia (ex-Japan). Prior to Nomura, Pearson worked at Standard Chartered Bank in Singapore for seven years, where he was the Global Head of Financial Institutions Industry Coverage and Global Head of Insurance Clients.
Furthermore, Pearson has worked with various organisations including ABN AMRO/RBS and Morgan Stanley where he held several leadership positions covering the Asia-Pacific markets including roles leading the Financial Institutions sector and Investment Banking business.
In his role at Mashreq, Pearson will be responsible for devising and implementing the overall business strategy for the Financial Institutions segment working closely with Head of CIBG to deliver a broader range of products to the bank’s clients while driving other growth initiatives.
Commenting on the appointment, Joel D Van Dusen, Head of Corporate and Investment Banking Group at Mashreq Bank, says: “I am delighted to welcome James, who brings a wealth of knowledge across the global Financial Institutions sector to Mashreq. His addition to the team will also enable us to benefit from his substantial experience and relationships with Insurance, Banking and Investor clients. I am certain that his appointment will add immense value to our Financial Institutions business, and help to create solutions that are not just highly-relevant for our clients, but are also aligned with our spirit of innovation.”
Pearson adds: “It is a privilege to take on this senior role at one of the most progressive financial organisations in the region. The banking industry is going through dramatic change and continues to transform at pace. I am very excited to work at Mashreq, who have always placed an emphasis on staying ahead of the curve and delivering the best solutions to their clients. I look forward to working with Joel and my new colleagues, as we grow our Financial Institutions business and the Mashreq franchise as a whole.”