Elie Nakad, M.Sc., Banking, Economic And Finance. ACAMS Professional Membership.

Experience

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  Chemical Bank / JPMorgan Chase

  Feb 1987 - Nov 1990

  Senior Officer

  As head of the branches division and operations, I was responsible for managing all customer relations and communication with the main branch. I also served as head of the secondary market and head of the Beirut Stock Exchange.

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  BLC Bank

  Dec 1990 - Dec 2000

  Head of Treasury and Foreign Exchange

  Directly supervised the merger of operations between three banks forming BLC Bank and UBL. I participated in the development of the strategy, business plan, and financial budgets. I was also responsible for managing the treasury, FX division and back office and was a member of the team that created new policies, procedures, and documentation. I produced financial reports and was responsible for the financial management and position of the branches and treasury. I was also involved in special projects such as reconciliation and correction of accounts, and was responsible for the execution of policies. Show less

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  IBL Bank sal

  Dec 2000 - Sept 2001

  Head Of Private Banking

  I have priced and traded with all major indices, including the Dow Jones, Nasdaq, Amex, and Cac 40. I started-up and ran a 24-hour foreign currency and stock exchange and have analyzed and handled customers' portfolios. I have also coordinated between the bank and financial institutions such as Pain Webber in London, Refco in France, Oddo in France, Prudential in London and Abu Dhabi, and CCF in France. My expertise in the stock markets and ability to coordinate with financial institutions demonstrate my strong knowledge and skills in the field of finance and investment. My experience in analyzing and handling customer portfolios also shows my ability to provide effective financial services and advice to clients. Show less

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  Banque du Liban (working with SIC at bank Al Madina and UCB crisis)

  Oct 2001 - Oct 2007

  Assistant to the temporary director appointed by the Central Bank’s Governor

  I have extensive experience in conducting comprehensive investigations and analytical studies on banking crises. During my time at Bank Al-Madina and United Credit Bank, I was tasked with several responsibilities to help mitigate risks, compliance and improve internal controls.My experience includes reviewing daily operations reports, developing internal control policies, ensuring compliance with anti-money laundering regulations, regularly updating procedures related to fighting money laundering operations, submitting periodic reports on suspicious operation risks, and conducting training sessions for bank staff. These responsibilities demonstrate my expertise in identifying and mitigating risks, improving internal controls, and promoting compliance in the banking industry. My attention to detail and ability to implement effective policies and procedures are valuable assets in the banking industry. Show less

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  MEAB Bank

  Nov 2007 - Aug 2010

  Head of Division, covered Compliance, Human Resources Organization and Procedure Departments

  Restructuring the bank in various fields, including writing a new manual of procedures to meet Basel II requirements, establishing quality control standards and procedures, creating and enhancing job descriptions to comply with Basel II, reorganizing the AML compliance division, and preparing branches' employees safety procedures for the teller system and ensuring enforcement. These are all important steps towards ensuring the bank's compliance with regulations and improving the overall efficiency and effectiveness of its operations. I focus on creating and implementing procedures to meet regulatory requirements, improve quality control, and ensure the safety of employees and customers demonstrates your commitment to responsible and effective banking practices. Show less

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  BBAC Bank

  Sept 2010 - Dec 2020

  Head of Financial Institutions and Correspondent Banking

  Managing and overseeing various activities in the banking industry. I established relationships with potential Correspondent Banks and corporate companies, coordinated with international organizations to develop trade, and maintained contacts with organizations such as the World Bank and USDA to identify market opportunities. I supported deal structuring, credit assessment, documentation, and product delivery, and initiated new business in global markets. Additionally, I identified new potential correspondents for alliances in strategic markets, reviewed and evaluated internal guidance facilities, and participated in risk participation, loan syndications, and trade finance with correspondent banks and financial institutions. Show less

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  International Development Bank

  Jan 2021 - Dec 2022

  Advisor to the Chairman for Global Financial Institutions

  Obtained a wholesale bank branch license from the Central Bank of UAE and worked on a project plan to successfully position the IDB branch in the UAE market. I focused on internal business assessment, market assessment, commercial/financial plan, HR and operating model considerations, key risk factors and mitigates for Dubai Branch. I also managed and grew the bank's relationships with global financial institutions, particularly in the MENA, GCC, US Banks and European regions.

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  Self Employed

  Mar 2023 - now

  Banking & Financial Institutions Consultant

  As a highly experienced consultant and advisor representing Banks and Financial Institutions, I specialize in corporate governance restructuring and provide comprehensive support in obtaining or establishing new banks and Financial Institutions, which I am currently handling. My expertise in navigating complex financial landscapes enables me to drive positive transformation and propel sustainable growth.