Investing

JPMorgan Appoints New Head of Investment Banking in Saudi Arabia

The JPMorgan Chase & Co. building in New York. — The JPMorgan Chase & Co. building in New York.
Photographer: Daniel Tepper/Bloomberg

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By Julia Fioretti

May 26, 2023 at 2:50 PM UTC

This article is for subscribers only.

JPMorgan Chase & Co. has appointed Omar El Amine Fichtali as head of investment banking in Saudi Arabia, according to an internal memo seen by Bloomberg News.

The move comes weeks after one of the lender’s top bankers in the kingdom, Fahad Al-Deweesh, left to join Citigroup Inc. as competition for banking talent in the region’s biggest economy heats up.