News

Mashreq Capital gets second chief in three months

Handshake1Mashreq Capital has appointed Christophe Pella as chief executive, replacing Aamir Peracha, who left after about a month in the job. Pella joins from Legal & General Investment Management in London, where he was a global rates portfolio manager. His appointment is subject to regulatory approval. The bank has not explained the short tenure of Peracha, who was head of equities and derivatives at Mashreq before taking over from Abdul Kadir Hussain as chief executive of the asset management arm in June. Hussain left Mashreq Capital after working there for about ten years, originally in the fixed income department. Speaking to Funds Global MENA in 2014, he said the growth in the firm's fixed income assets gave him most satisfaction. Mashreq, which means "place of sunrise", refers to the part of the Arab world east of Egypt, and is a companion term to Maghreb, which refers to north Africa. ©2016 funds global mena

Executive Interviews

INTERVIEW: Protecting the investment

Nov 23, 2017

Rasmala’s trade finance fund recently passed $100 million in assets. Doug Bitcon, head of credit strategies, explains why he has to be hands-on.

EXECUTIVE INTERVIEW: A natural interest in the topic

Mar 08, 2017

Since 2016, Guillermo Ortiz has been a chairman of Latin America’s BTG Pactual. The former central banker of Mexico talks to Nick Fitzpatrick.

Roundtables

ROUNDTABLE: Charting the pace of reform

Nov 23, 2017

Saudi Arabian index inclusion, the onset of taxes and the Dana Gas controversy were among the issues discussed by our cross-industry panel. Chaired by George Mitton in Dubai.

SOUTH AFRICAN ROUNDTABLE: Spirit of Ubuntu

Mar 08, 2017

The move to a three-day settlement cycle, the appearance of new stock exchanges, and recent rules on hedge funds were discussed by our panel in Cape Town. Chaired by George Mitton.