Intesa Sanpaolo has promoted Meghraj Shah to head of its Eastern financial institutions (FI) group.

Shah, who was previously head of FI and trade and structured export finance for Asia, will report directly to Stefano Stangoni, Intesa’s head of global banking and transactions.

Other Mena promotions include Ferdinando Angeletti, who stepped up in June as general manager of Intesa’s Dubai branch and head of the newly-created Mena and Turkey hub.