MUFG Bank announced the appointment of Tariq Al Ghaziri as Head of Corporate Banking for MUFG’s Riyadh branch.

Prior to joining MUFG in Riyadh, Tariq has held various positions at Riyad Bank for the past 15 years, most recently as Head of Corporate Finance.

Various functions, including Trade Finance, Treasury and Credit Analysis, will report into Tariq in his new capacity.

Elyas Algaseer, Head of Corporate Banking for MUFG in MENA, said: “Appointing Tariq to his new position is an important step in the development of our business in Saudi Arabia.”

MUFG obtained a full commercial license from the Saudi Arabian Monetary Authority (SAMA) in January 2017 and commenced operations in October 2018. — SG