DUBAI, United Arab Emirates - Thursday, May 17th 2012 [ME NewsWire]
(BUSINESS WIRE)-- The Wells Fargo International Group, part of Wells Fargo & Company (NYSE:WFC), announced that Shoar Hassan has joined its Global Financial Institutions (GFI) group as regional manager for Middle East and North Africa. Based in Dubai, Hassan reports to Dilek Mutus, head of Wells Fargo’s GFI business for Turkey, Russia, Middle-East and Sub-Continent India.
Serving more than 3,000 banks in 130 countries, Wells Fargo’s GFI business provides payments, collections, trade services, deposits, credit, foreign exchange, liquidity and investment management to financial institutions and multilateral agencies across the globe. With extensive experience managing debt capital markets, loan distribution and investment products, Shoar will be responsible for strengthening Wells Fargo’s relationships with select commercial banks and sovereign wealth funds in the region.
“We are excited to welcome Shoar to our team and are confident that his deep knowledge and industry expertise will strengthen Wells Fargo’s GFI business in the region,” said Mutus.
Prior to joining Wells Fargo, Shoar was with BNP Paribas’ Financial Institutions Group as executive director and senior banker for the Middle East. He is the former director of ABN Amro’s Financial Institutions Group and has held variations positions at Citibank and ABN Amro in Pakistan in Corporate and Correspondent Banking as well as Global Transaction Services. Shoar has an M.B.A. degree in finance from Lahore University of Management Sciences in Pakistan.
The Wells Fargo International Group provides small businesses, corporations, financial institutions, multilateral organizations and individuals with a wide range of international solutions from more than 35 global locations, including branches in Hong Kong, London, Seoul, Shanghai, Singapore, Taipei, Tokyo and the Cayman Islands.
About Wells Fargo & Company
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.3 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and other distribution channels across North America and internationally. With more than 270,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 23 onFortune’s 2011 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.
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Contacts
Wells Fargo & Company
Katie Ellis, 415-222-3767 (Media)
kathryn.d.ellis@wellsfargo.com
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