In his new role, Moad will be responsible for growing NGAM’s business across the GCC. He will report directly to Jamal Saab, NGAM’s managing director and head of MENA.
Previously, Moad was a senior sales manager for Fidelity Worldwide Investment in Dubai where he was responsible for building and managing relationships with key clients in the region.
“Moad is a critical part of our commitment to helping investors build more durable portfolios. Through our multi-affiliate structure, we provide our partners and clients with a variety of investment strategies and approaches to meet the challenges of modern markets,” said Hervé Guinamant, president and chief executive officer of NGAM international distribution.
Last month Natixis Global Asset Management also recruited a senior distribution person from Fidelity Worldwide Investments. Madeline Ho was made head of wholesale distribution in Asia Pacific and managing director of NGAM Singapore.
NGAM opened a new office in Hong Kong in November last year, the firm’s fifth in the Asia Pacific region.
Headquartered in Paris and Boston, Natixis Global Asset Management had assets under management totaling $734bn (€570bn) as at September 30, 2012.
