Reporting to PeterPaul Pardi, chief executive of Asset Management EMEA and global head of distribution at BNY Mellon Investment Management, Abukhal has responsibility for the development and management of all business across the region. He will be based in Dubai.
Abukhal joins from Western Asset Management where he was most recently senior executive officer and head of the Dubai office. At Western, he was responsible for distribution, client service, and marketing for Middle East, Africa, and Central Asia. Between 2000 and 2008 he established the firm’s Middle East business.
BNY Mellon joins a line of asset management companies which, since the beginning of this year, have announced plans to open offices or boost their presence in the Middle East, with Dubai a particular favourite.
These include, Lazard Asset Management, which poached ING Investment Management’s senior Dubai team, First State, which said it will open by the end of June, and Wells Fargo, which has also revealed an intention to open in Dubai.
