DUBAI, Aug 29 (Reuters) - Mashreq has appointedChristophe Pella as head of its asset management unit and chiefexecutive of its Mashreq Capital arm, the Dubai-based bank saidin a statement on Monday.
Pella most recently served as a global rates portfoliomanager in London at Legal & General Investment Management. Hisappointment at Mashreq is subject to regulatory approval.
Mashreq Capital is based in Dubai's financial free zone andconducts investment and advisory work, while the parent Mashreqis the emirate's third-largest commercial lender by assets.
Pella is the latest to step into the dual role. Abdul KadirHussain resigned for personal reasons in June to be replaced byAamir Peracha, who in turn left after about one month in thejob.
(Reporting by Tom Arnold; Writing by David French; Editing byAndrew Torchia)
Legal & General (LGEN)
