Alex Coelho, the new chief executive of Al Hilal Bank. Courtesy Al Hilal Bank
Alex Coelho, the new chief executive of Al Hilal Bank. Courtesy Al Hilal Bank

Al Hilal Bank names new chief executive



Al Hilal Bank, a Sharia-compliant Abu Dhabi-based lender, said it had appointed Alex Coelho as its new chief executive officer.

Mr Coelho, a veteran banker with two decades of experience, has been mandated to boost the bank’s business in both the UAE and Kazakhstan.

“We are witnessing an overall global macro-economic change impacting all industries and staying ahead of the game within the financial industry requires a team of talented, committed and creative professionals,” said Mr Coelho, a graduate of the Massachusetts Institute of Technology and the University of Campinas in Brazil.

mkassem@thenational.ae

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The specs

Engine: 3.8-litre, twin-turbo V8

Transmission: seven-speed automatic

Power: 592bhp

Torque: 620Nm

Price: Dh980,000

On sale: now