BNP Paribas SA has recently appointed Jalal Al Marhoon as a managing director in Saudi Arabia, demonstrating the continued expansion of foreign investment banks in one of the world’s most active deal markets.
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Al Marhoon will report to Ammar Pharaon, who leads BNP’s investment banking operations in the kingdom.
Al Marhoon brings a wealth of experience to his new position, having previously served as the head of corporate coverage in Saudi Arabia for Societe Generale SA for over 9 years.