Middle Eastern bank hires new asset manager.
Asset Management
Herbert Moos is to become head of VTB Bank's financial department.
Sheila Patel and Andrew Wilson were named co-heads of Europe, the Middle East and Africa at Goldman Sachs Asset Management.
BNP Paribas has appointed Philippe Marchessaux to head its asset management businesses. He succeeds Gilles Glicenstein as head of BNP Paribas Investment Partners and CEO of BNP Paribas Asset Management.
Lukas Ruflin has been appointed deputy CEO of EFG International, returning from EFG Financial Products which he co-founded in 2007. In his new role, he will focus on further development and execution of the firm’s strategy, working closely with CEO Lawrence Howell and his colleagues in the executive committee.
Armajaro Asset Management has appointed Michel Danechi to manage a new emerging markets hedge fund which was launched earlier this year.
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.
Following a meeting of the board of directors of Abu Dhabi-listed Aabar Investments, HE Khadem Al Qubaisi, managing director of International Petroleum Investment Company (Ipic), has taken over the chairmanship of the board of Aabar Investments from outgoing chairman Abdulhamid Saeed
Sorouh Real Estate, one of the leading Abu Dhabi-based real estate developers, has made further appointments to its senior management team.
Shamil Bank, a leading Bahrain-based Islamic commercial and investment bank and a wholly-owned subsidiary of Ithmaar Bank, has announced further staff promotions as part of its recent corporate restructuring.
Troika Dialog, Russia’s oldest and largest private investment bank, has appointed Kanako Sekine as managing director and COO of Troika Capital Partners, the bank’s private equity arm.
Neil Withers is taking over as VTB’s senior vice-president and head of investor relations and capital raising division. Since 2000, he has been a consultant with Vozrozhdenie Bank, and in 2003 joined the bank as advisor to the chairman. He had particular responsibilities for investor relations and strategy.