Al Hilal Bank PJSC appointed Alex Coelho CEO, CPI Financial reported April 4.

Coelho takes over from Craig Bell, the Abu Dhabi lender's CFO, who was named acting CEO in late January, after Khaled al-Khoori stepped down from the role.

Coelho was previously general manager of corporate banking at Saudi Arabia-based Al Rajhi Banking & Investment Corp., Reuters noted, citing Coelho's LinkedIn profile.