DUBAI - Deutsche Bank has hired former Credit Suisse banker Saad Benani to lead its investment banking business in the Middle East and North Africa (MENA), an internal memo seen by Reuters showed.

The bank has appointed Benani as managing director and head of investment banking coverage and advisory for the MENA region, the memo said.

Deutsche bank declined to comment when contacted by Reuters on Wednesday.

"Saad will be responsible for developing and implementing our coverage & advisory strategy in the region, including with the sovereign wealth funds," the memo said.

 

(Reporting by Hadeel Al Sayegh; editing by Jason Neely) ((Hadeel.AlSayegh@thomsonreuters.com; +971566883310;))