HSBC appoints Joseph Ghorayeb as its CEO in Bahrain

By Delisha Fernandes

HSBC has announced the appointment of Joseph Ghorayeb as its new Chief Executive Officer in Bahrain, effective 1 September 2023.

Joseph is a HSBC banker who joined the Group in Canada in 2006. He relocated to the Middle East in 2012 and has held leadership positions with HSBC in the UAE, Qatar and Bahrain – most recently as Head of Wholesale Banking in Bahrain, a role to which he was appointed in 2022.

Stephen Moss, Chief Executive Officer, MENAT, HSBC Group, said, “I look forward to working with and supporting Joseph to deliver the next phase of growth of HSBC Bahrain and to build on its position as an important network market in a region where our ambitious growth agenda is delivering results. Joseph will build on firm foundations laid by Chris Russell, who has delivered exceptional results for clients in Bahrain over the last three years.”

HSBC, which traces its origins in Bahrain back to 1944, offers a full suite of personal and wholesale banking services and products, including a market leading securities and custody service, trade financing and global payment systems.

Commenting on his appointment Joseph Ghorayeb said, “It is a privilege to be allowed to serve as CEO of HSBC in Bahrain and to serve our clients in this market. HSBC’s origins in Bahrain extend back almost 80 years. I look forward to building on this strong foundation with my very experienced team’s support as we work to further enhance HSBC’s position as the leading international bank in the region.”