Deutsche Bank has announced the appointment of Fahad Albader and Adel Dagher as Co-Heads of Asset Management Coverage for Deutsche Asset & Wealth Management (DeAWM) in the Middle East and North Africa (MENA).
Albader and Dagher have joint responsibility for representing DeAWM and its investment capabilities to institutional clients across the MENA region.
Ashok Aram, Chief Executive Officer at Deutsche Bank MENA, said: 'The appointments of Fahad and Adel will expand our client connectivity and delivery capabilities further in the region. With their expertise and deep knowledge, Fahad and Adel will help sovereign wealth funds and key institutional clients access Deutsche Bank's global solutions in the institutional asset management area'.
Based in Dubai, they report to Peter Roemer, Head of DeAWM's Global Client Group, Europe Middle East and Africa. Roemer said: 'I am delighted to welcome Fahad and Adel to the team. With on-the-ground coverage in this important region, DeAWM is able to partner closely with MENA institutions, providing them with high quality investment solutions across all asset classes'.
Dagher joins after 12 years with Man Group, where he most recently helped to develop Man’s institutional business in MENA, with a focus on alternatives. Albader joins from Deutsche Bank's Corporate Banking and Securities (CB&S) division where he was most recently Head of Coverage for Kuwait as well as serving institutional clients in the MENA region in relation to corporate finance and capital markets transactions.