Kleinwort Hambros Announces New Chief Executive Officer
Mouhammed Choukeir Appointed Chief Executive Officer
Kleinwort Hambros announces the appointment of Mouhammed Choukeir as its new Chief Executive Officer (CEO) subject to regulatory approval. Mouhammed, who joined Kleinwort Benson in 2011, is currently Deputy CEO and Chief Investment Officer (CIO) at the firm.
Upon regulatory approval, Mouhammed will succeed the current CEO, John Maitland, who has decided to pursue other opportunities outside the bank. As Chief Executive Officer, Mouhammed will be responsible for overseeing the implementation of Kleinwort Hambros’s strategy to grow and transform its business across target markets.
Since the integration of Kleinwort Benson and SGPB Hambros, Kleinwort Hambros has focused on strengthening its business through strategic hires, enhancing its client proposition, and expanding its digital capabilities. The business has also focused on strategic growth through its Business Acquisition Group whose aim is to generate new business leads.
In his new role, Mouhammed will continue to build on these foundations to lead Kleinwort Hambros’s strategy to invest in its digital proposition, client solutions and talented and diverse pool of employees to deliver exceptional client service.
John became CEO in July 2018 after joining the Bank in 2011 and since has led the bank forward by building the solid foundations which have now positioned Kleinwort Hambros for the next stage of its strategic development.
Patrick Folléa, Head of Societe Generale Private Banking, said: “Mouhammed has been an important member of the leadership team since the acquisition and was instrumental in the integration of two successful private banks. His experience as CIO, navigating the business through a challenging market environment, and his track record as Deputy CEO, will be key to leading the business through the next stage of its transformation.
“Kleinwort Hambros is a key strategic pillar of the Societe Generale Private Banking network and benefits from a deep pool of talent and strong client base. Our ambition is to keep growing our business, by enriching our product offer and digital services, for the benefit of our clients.
“I would like to thank John Maitland whose leadership has made a valuable contribution to our business and I wish him all the best for the future.”
Mouhammed Choukeir added: “I am honoured to have been appointed CEO of a business with such strong heritage. I look forward to working with Patrick Folléa, the Board and my colleagues on the transformation to ensure Kleinwort Hambros becomes one of the leading private banks in the industry, delivering an outstanding experience for all our clients.”
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Notes to editors:
Mouhammed Choukeir joined Kleinwort Benson in 2011 as CIO and played a key role in the integration of the business with SGPB Hambros to form Kleinwort Hambros. Prior to this he was Head of the Multi-Asset Class business at Morgan Stanley, where he managed money for clients in Europe, the Middle East and Asia. He spent his early career in the fixed income division of Citigroup’s investment bank in New York, London and Madrid. He is a Board Member for several charities.