Appointments

ADIC hires head of private equity

The Abu Dhabi Investment Company (ADIC) has hired a new head of private equity to lead a charge for buy-outs in the Middle East and North Africa at a time when the global economic crisis is starving promising companies of capital.

BNY Mellon expands regional team

BNY Mellon expands regional team

BNY Mellon Asset Management, the global asset management arm of The Bank of New York Mellon, has appointed Thomas Connolly as managing director, head of asset management for the Middle East.