In a boost to its frontier market expansion plans, EFG Hermes’s asset management business has recruited veteran banker Sadiq Hussain to lead the division’s business development efforts. He brings 25 years of international and emerging market experience gleaned from a career spent at leading global financial services including J.P. Morgan, Bank of America Merrill Lynch and ING Barings.
“Hiring him is evidence that we commit quality resources to achieve our target of widening our sales and distribution reach geographically and to contribute to the overall development of our product range,” commented Amr Seif, Head of EFG Hermes Asset Management in the statement announcing the news.
Hussain joins EFG Hermes from J.P. Morgan securities in Dubai, where, for the past 8 years he held the position of Head of MENA Equities and Global Frontier Markets. He assumed his new role on August 2nd, and continues to be based in Dubai.