London/Dubai, May 4, 2010 - Nicolas Kahale has joined DB Advisors — Deutsche Bank’s global institutional asset management business — as Head of the Middle East, Africa & Central Asia. Kahale, who is based in London, joins as a Managing Director. He reports to Roelfien Kuijpers, Global Head of DB Advisors.
Kahale will be responsible for introducing institutional investors in the Middle East, Africa and Central Asia to DB Advisors’ global investment capabilities. He will work closely with colleagues worldwide to create investment solutions for clients across the regions. Kahale will also join DB Advisors’ Global Management Committee and Executive Sales Committee.
Roelfien Kuijpers said: “DB Advisors and the Deutsche Bank Group are strongly committed to expanding the services we offer in the Middle East, Africa and Central Asia. The need for global asset management solutions continues to grow, and we are seeing increasing demand from both public and private sector institutions for a wide range of investment strategies. Nicolas has long-standing relationships with institutional investors in the regions and deep knowledge of clients’ needs.”
Henry Azzam, Deutsche Bank’s CEO for MENA (Middle East & North Africa), said: “Deutsche Bank is one of the largest foreign banks in MENA and we continue to invest in the region. Asset management is an important component of the full service that we offer clients here. I am delighted to welcome Nicolas to the Bank and I look forward to working with him to help DB Advisors further develop its business.”
Kahale has more than 16 years of relevant experience. His previous roles include positions at Morgan Stanley Investment Management, JP Morgan Asset Management, Goldman Sachs Asset Management, and Salomon Brothers Asset Management. In these roles, he covered sovereign wealth funds, central banks, government organizations and other institutions in the Middle East, Africa and Central Asia. Kahale has an MBA from Columbia Business School and an MSc from University of London, and he is a CFA charterholder. He has also taught as an adjunct professor at Columbia Business School.
For further information, please call:
Deutsche Bank AG
Name: Louise Pancott