Shearman & Sterling project finance counsel, Iain Elder, will transfer to the firm’s Abu Dhabi office at the end of August as part of Shearman & Sterling’s continued commitment to the region.
Middle East
Fairfax, the UK-headquartered investment bank, has announced the expansion of its operations in the Middle East, to capitalise both on its current activities there and what it sees as the long-term growth potential of the region.
Calyon has announced the appointment of Jean-Francois Balay as head of global loan syndication group.
Sheila Patel and Andrew Wilson were named co-heads of Europe, the Middle East and Africa at Goldman Sachs Asset Management.
James Fenner has been named as the new head of capital markets for GE Capital in EMEA. Based in London, he will be responsible for all strategic lease and loan syndication activities and will oversee securitisation and alternative funding strategies.
Lloyds TSB Middle East, part of the Lloyds Banking Group, has appointed Richard Musty as the new head of its Middle East business.
Saxo Bank, an online trading and investment specialist, has appointed Jakob Thomsen as senior executive officer in its Dubai office.
Gulf Finance House (GFH), a leading Middle Eastern Islamic investment bank, has appointed Ahmed Fahour as its new CEO based in Bahrain. Fahour is the former executive director and CEO for the Australian operations at National Australia Bank.
HSBC Bank Middle East Qatar has appointed a new senior manager for its Qatar office. Jody Sanderson was appointed as director, global banking in Qatar.
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.
Samir Sayeed will join the Global Wealth Management Group (GWM Group), an independent financial service partnership based in Switzerland, as a managing partner.
Rashique Rahman has joined Morgan Stanley as a managing director and global head of emerging markets fixed income strategy.