Published: October 13, 2009
National Bank of Abu Dhabi (NBAD) has appointed Alan Durrant as chief investment officer of its asset management group.
Before joining NBAD, Durrant was head of asset management at Gulf Finance House in Bahrain and before coming to the region he was CIO and chairman of the investment committee at Skandia Investment Management. During his tenure at Skandia, the group was amongst the fastest growing fund management businesses in Europe.
Durrant had overall responsibility for asset allocation and investment selection across equities, fixed interest, property, private equity and alternative asset classes and personally managed assets of about US$10bn. He began his investment career at Hargreaves Lansdown, a UK investment broker, culminating in his appointment as investment director.