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Barclays names Azar as Middle East chairman

Reuters - UK Focus

DUBAI, June 15 (Reuters) - British lender Barclays (Berlin: BCY.BE - news) has named Makram Azar as its chairman for the Middle East and North Africa, a spokesman for the bank confirmed on Sunday.

Azar, who is also global vice chairman of investment banking, has been with Barclays (LSE: BARC.L - news) since September 2010, when he joined from private equity firm Kohlberg Kravis Roberts & Co, according to the lender's website.

Barclays, which is selling most of its retail banking business in the United Arab Emirates to Abu Dhabi Islamic Bank , has also appointed Andrew Mortimer as country manager for the Middle East, the spokesman confirmed. (Reporting by David French; Editing by Andrew Torchia)