Published: July 18, 2008
Linklaters appoints new head of EEMENA region
Linklaters announced the launch of a new group to service emerging markets in Europe,
The move will see Linklaters deploying greater resources to focus on the key emerging markets, in response to a change in the economic dynamics of the region. The EEMENA group will comprise over 50 partners with experience across more than 40 jurisdictions in these markets. The group is strengthened by the recent appointments of two new partners in
The aim of the new approach is to create a more co-ordinated and flexible structure which will enable Linklaters to focus on the faster growing markets in which its key clients are most interested, such as Russia, Poland, Ukraine, Turkey, Kazakhstan, UAE and Saudi Arabia, whilst continuing to advise in the other EEMENA countries alongside trusted local advisers.
Nick Eastwell, Managing Partner of EEMENA, said: "We are responding to the quickly changing needs of our clients and to changes in the market. The investment banks, world class corporates and sovereign wealth funds continue to increase their focus on new and emergent markets. Clients will benefit from our new, more structured approach to the region which mirrors their own. In many ways, this approach is an extension of our existing and highly successful strategy in this fast-changing region, where we already have considerable experience of advising clients where we do not have offices."
Bank of
Bank of London and The Middle East plc (BLME), the shariah-compliant London-based wholesale bank, announced that it has appointed Roscow Lucas as its head of syndication. Roscow has over 20 years’ experience in the syndicated loans market and will assist the bank in addressing the growing requirement for larger and more complex Islamic funding. Roscow has spent 11 years at
Humphrey Percy, CEO of BLME, said: “The syndicated Islamic finance market is growing at unprecedented levels. As the transactions within our market become bigger and more complex, syndicated finance will become an increasingly important mechanism for Islamic bankers. Roscow has enjoyed a long and distinguished career in this area and his appointment is excellent news to BLME. His experience is undoubtedly a major asset to our bank.” Roscow Lucas commented: “At a challenging time for global financial markets, corporations are looking for alternative sources of finance. Syndicated Islamic finance is a potential alternative liquidity source and therefore increasingly attractive in today’s market. I am looking forward to joining BLME and capitalising on the strong growth potential of syndicated loans in the Islamic finance market.”
The Bank of
The Bank of New York Mellon has appointed Dean Fletcher as managing director of structured products group covering Europe,
Barclays appoints Managing Director for Middle East and North Africa
Barclays Bank announced the appointment of Michael Miebach as the managing director of Barclays Global Retail and Commercial Banking (GRCB) in the Middle East and
Baring Asset Management appoints private client investment manager
Baring Asset Management (Barings), the international investment management firm, announces the appointment of a new investment manager to its private clients team in
Citi Names Derek Bandeen Head of Global Equities Trading
Citi announced the appointment of Derek Bandeen as Head of Global Equities Trading. Bandeen will have responsibility for continuing to develop Citi's global equities trading business, in which the firm has invested significantly in recent years. Bandeen joins Citi after a 22-year career in a variety of equities trading roles for Morgan Stanley. Most recently, he was Head of European Equities. Past roles have included Head of Equity Derivatives in
Citigroup to move EMEA capital markets chief to Dubai
Citigroup is expanding its debt markets business in
Credit Suisse Asset Management appoints global equities head
Cesar Perez assumed the role of Head of Equities in addition to his role as head of European Equities. Perez has been with Credit Suisse since 2007 and joined from M&G Investments where he was credited with turning around their European Equity franchise and was an S&P "AA" rated fund manager. Perez joined M&G Investment Management in 2002 and in his time there restructured the team, increased the product offering, and significantly boosted investment performance. Prior to this Perez spent the first nine years of his career at JP Morgan Asset Management, initially focusing on Spanish equities and later broadening his mandate to cover all of Europe. He has a degree in Business Administration and Industrial Management from the
Deutsche Bank announces Senior Management appointments in Russia
Deutsche Bank announced the appointment of Igor Lojevsky as Chief Country Officer for Deutsche Bank in
Following the appointment of Lojevsky, Charles Ryan will become Chairman of Deutsche Bank in
Lehman Brothers strengthens
Lehman Brothers, the global investment bank, announced the appointment of Philip Lynch, a member of the firm's Europe and Middle East executive committee and currently co-head of Equities Europe and the Middle East, as chief executive officer for the Middle East and North Africa. In addition, Jameel Akhrass, who has been CEO for the Middle East and head of Middle East Investment Banking since April 2006, has been appointed as the vice chairman of the Middle East and North Africa. Lynch will be based in Dubai and will report to Jeremy Isaacs, Chief Executive Officer, Europe, Middle East and Asia-Pacific and Benoit Savoret, Chief Operating Officer, Europe and the Middle East. Lynch, a 21-year veteran of Lehman Brothers, has held several senior positions including head of Global Finance for Europe from 2004 until May 2007, and prior to this was co-head of Asia-Pacific Investment Banking.
Merrill Lynch appoints Fares D. Noujaim president of Middle East & North Africa
Merrill Lynch announced that Fares D. Noujaim will be joining the company as president of the firm's business in the Middle East & North Africa. He will also be the global head of sovereign wealth funds. Noujaim will be based in the Middle East and
Morgan Stanley hires chief economist for Turkey, the Middle East and
Morgan Stanley announced that it has hired Tevfik Aksoy as an executive director and chief economist for
Renaissance boosts Middle East & Africa investment management team
Renaissance Investment Management (RIM), the specialist in high-opportunity emerging markets, has hired Zeeshan Ali as the firm continues its expansion into the Middle East and
Renaissance Capital takes stake in Ghanaian, Zambian brokerages; hires head of investment banking for Ghana
Renaissance Capital, the specialist investment bank for high opportunity emerging markets, is further increasing its presence in sub-Saharan