Islamic Bank of Asia builds its team

Islamic Bank of Asia yesterday announced two senior appointments that it said will drive the bank’s focus on investment banking and establish greater links between the Middle East and Asia.

Harish Parameswar was appointed a managing director and head of investment banking and will be based in Singapore. And Saleh Al Nashwan joined as the chief representative for the Islamic Bank of Asia’s Bahrain representative office.

Incorporated in May 2007 with DBS Bank and prominent investors from the Gulf Cooperation Council countries as shareholders, Islamic Bank of Asia aims to tap into opportunities within Asia and the Middle East. Headquartered in Singapore, it focuses on Shari’ah-compliant...