Deutsche Bank has appointed a pair of financial industry veterans as co-heads of its asset and wealth management coverage for the Middle East and North Africa.
Reuters reported that in Fahad Albader and Adel Dagher’s new roles, they will be responsible for helping sovereign wealth funds and key institutional clients access the Frankfurt-based bank’s global solutions in the institutional asset management area.
Dagher most recently worked at London-based Man Group, the world’s largest publicly traded hedge fund, where he focused on its alternative investments. Albader was previously at Deutsche's corporate banking and securities division, where he focused on the coverage of Kuwait.
Deutsche Bank's asset and wealth management division managed about $1.3 billion in assets as of June 30.