Deutsche Bank Securities Head in Saudi Arabia Departs

Fawaz Mohanna left Deutsche Bank in April 2026 after five years, stepping down as head of securities services in Saudi Arabia.

Fawaz Mohanna left Deutsche Bank in April 2026, ending a five-year tenure with the bank. He stepped down as head of securities services for Saudi Arabia.

Mohanna joined Deutsche Bank in December 2020 as head of client services for Saudi Arabia and was named head of securities services in January 2023.

In a LinkedIn post announcing his departure, Mohanna wrote: “After an incredible chapter, I’m sharing that I’ve moved on from my role at Deutsche Bank. I’m grateful for the experiences, challenges, and, most importantly, the people I had the privilege to work with. The past five years have been a meaningful part of my journey.”

Before joining Deutsche Bank he spent more than 13 years at NCB Capital, where he held senior post-trade and operations roles, including vice president and head of Settlement and vice president and head of margin trading and brokerage operations. Earlier roles included custody, corporate actions and institutional operations.

Since March 2022 he has served as a part-time member of the Capital Market Institutions Committee Custody Committee, a group focused on custody practices in the Saudi capital markets.

Mohanna’s LinkedIn post did not disclose a successor at Deutsche Bank or his next professional step.

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