Kleinwort Hambros has announced the appointment of Mouhammed Choukeir as its new Chief Executive Officer (CEO) subject to regulatory approval.
Choukeir joined Kleinwort Benson in 2011 and is currently deputy CEO and chief investment officer at the company.
He will replace John Maitland, who has decided to seek opportunities elsewhere.
In addition, Choukeir will be responsible for overseeing the implementation of Kleinwort Hambros’ strategy to grow and transform across target markets.
Since the merge of Kleinwort Benson and SGPB Hambros, Kleinwort Hambros has focused on strategic hires, enhancing client proposition, and expanding digital capabilities. The firm has also created strategic growth through its Business Acquisition Group who aim is to generate new business leads.
Choukeir will continue to build on these foundations and invest in its digital proposition, client solutions, and talented and diverse pool of employees.
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By GlobalDataPatrick 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.”
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.”