Ratings agency opens new regional office in Dubai.
Debt Capital Markets
Dmitri Sredin has joined Renaissance Capital as managing director and head of debt financing for Russia and the CIS.
Dubai-based Abraaj Capital, the largest private equity company in the Middle East, North Africa and South Asia (MENASA), has appointed Ashok Aram as a managing director after a 15-year career at Deutsche Bank.
On September 1, David Law will join Standard Chartered as the managing director and regional head of the origination and client coverage (OCC) team for the Middle East and North Africa (Mena). Law will report to V. Shankar, member of the Standard Chartered group management committee and group head of origination and client coverage.
Christopher Williams, Citigroup's global co-head of FIG, is leaving the bank to become vice-chairman of EMEA investment banking at Credit Suisse.
The Qatar Financial Centre (QFC) authority has appointed Jon Morton as director for financial development. Morton has joined the QFC authority from Henley Business School in the UK, formerly Henley Management College, which merged with the University of Reading in August.
Morgan Stanley has further strengthened its Saudi Arabia team by appointing Habib Achkar, managing director, as chief executive officer of Morgan Stanley Saudi Arabia. Achkar will oversee the continued expansion of MSSA and will relocate to Riyadh.
The year so far has been slow for Eurobond issuance in Africa, but BOAD’s debut transaction suggests investors are overcoming their risk aversion.
French bank splits role between former corporate finance head and deputy risk officer as Thierry Aulagnon retires.
Despite a slow start to 2015, hopes are high for new names to enter the market this year.
Union Bancaire Privée (UBP) has hired Marc Basselier as head of convertible bonds, a product that looks to offer investors some diversification as the global credit cycle turns away from cheap money.