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Middle East

ESCA’s risk management chief Lemand resigns

Middle East | 27 Aug 15

ESCA’s risk management chief Lemand resigns

Ryan Lemand, the senior economic adviser and head of risk management for the Emirates Securities & Commodities Authority (ESCA), has resigned, according to sources in Dubai and Abu Dhabi.

Abraaj Group raises $375m for Africa investments

Middle East | 24 Aug 15

Abraaj Group raises $375m for Africa investments

The Dubai-based Abraaj Group said it had raised $375m for a fund that will focus on North Africa.

Mashreq Capital welcomes Moody’s upgrade

Middle East | 17 Aug 15

Mashreq Capital welcomes Moody’s upgrade

Mashreq Capital, the asset management arm of UAE-bank Mashreq, said its strong investment performance and significant growth in assets under management was behind its recent upgrade by Moody’s Investors Service.

Zurich appoints Walter Jopp to new Middle East role

Middle East | 12 Aug 15

Zurich appoints Walter Jopp to new Middle East role

Zurich Global Life has appointed Walter Jopp as head of market management for the Middle East and Africa following Paul Dawson’s move to the UK.

Dubai regulator signs info sharing deal with Australia

Middle East | 6 Aug 15

Dubai regulator signs info sharing deal with Australia

The Dubai Financial Services Authority (DFSA) and the Australian Prudential Regulation Authority (APRA) have entered a memorandum of understanding to “share information and cooperate in the supervision of financial institutions”.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.