merrill lynch strengthens middle east team with appointment of qatar specialist.Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. today announced it has strengthened its Global Wealth Management (GWM GWM - Generic Window Manager. An extensible window manager for the X Window System. It is built on top of an interpreter for the WOOL language.
ftp://export.lcs.mit.edu/contrib/gwm, ftp://avahi.inria.fr/contrib/gwm. ) Middle East team with the appointment of Mazin M. Al-Shakarchi as a financial advisor covering Qatar from the Bahrain office. Mr. Al-Shakarchi will report to Jonty Crosse, Resident Director for the Middle East, Global Wealth Management EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. .
Mr. Al-Shakarchi has in-depth knowledge of the Qatari market. Before joining Merrill Lynch, he held several senior positions at leading Qatari banks, including Assistant General Manager, Investment Department at Qatar National Bank. In this role, he established the Fund Management Division and handled the first bank launch of a Qatari stock market fund. Additionally, he managed the International Share Trading platform, the Doha Stock Market brokerage office and the Initial Public Offering Department, where he helped launch some of the largest IPO's in Qatar's history.
Mr. Al-Shakarchi also held the position of Deputy General Manager, Treasury and Investments at the Commercial Bank of Qatar, where his career spanned 21 years. He holds an M.B.A in Finance from Indiana University Indiana University, main campus at Bloomington; state supported; coeducational; chartered 1820 as a seminary, opened 1824. It became a college in 1828 and a university in 1838. The medical center (run jointly with Purdue Univ. , United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and a B.A. in Business Administration from New England College, United States.
Commenting on the appointment, Jonty Crosse said,"Mazin has extensive experience gained during his many years in the financial services industry. I have known him professionally for more than 15 years, and I am confident his knowledge of both the international and local markets will further enhance the wealth solutions we offer our Qatari clients, allowing us to play an essential role in helping them achieve their life goals."
Core to GWM's presence in the region is its local expertise and access to Merrill Lynch's global resources, which provide its clients with innovative solutions to address international diversification International diversification
The attempt to reduce risk by investing in more than one nation. By diversifying across nations whose economic cycles are not perfectly correlated, investors can typically reduce the variability of their returns. needs as well as their increasingly complex financial requirements. GWM also has offices dedicated to Middle Eastern clients in Monte Carlo, London and Geneva Geneva, canton and city, Switzerland
Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. .
Notes to EditorsMerrill Lynch is one of the world's leading wealth management, capital markets and advisory companies with offices in 38 countries and territories and total client assets of approximately $2.0 trillion. As an investment bank, it is a leading global trader and underwriter of securities and derivatives across a broad range of asset classes and serves as a strategic advisor to corporations, governments, institutions and individuals worldwide. Merrill Lynch owns approximately half of BlackRock, one of the world's largest publicly traded investment management companies with more than $1 trillion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. .For more information on Merrill Lynch, please visit www.ml.com.
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