Prior to joining NBAD's Asset Management Group, he was the Head of Asset Management, Vice President at EFG-Hermes KSA. He established and ran the asset management department of EFG-Hermes in Riyadh, Saudi Arabia. Mr. Khokhar's overall responsibility covered areas of equity selection, trading, financial modelling, and buy side research. He was also responsible for mandates of EFG-Hermes Saudi Arabia Equity Fund, which was launched in June 2008, discretionary portfolios and advisory on the Saudi Arabia equity allocation of EFG-Hermes regional equity funds most notably the EFG-Hermes MEDA fund.
He also worked in Saudi telecom Company in International Mergers & Acquisitions. His role was to formulate M&A strategy and to identify and evaluate prospective mergers and acquisitions.
Mr. Khokhar has several years of experience as a Fund Manager having been a Fund Manager with Abu Dhabi Investment Authority's (ADIA) London Office & Mitsubishi UFJ in London.
Commenting on the appointment of Mr. Khokhar, Dr. Gıyas Gökkent, NBAD's Head of Economic Research & Chief Economist, said:
"I welcome Mr. Khokhar to the NBAD family at this turbulent time in international equity markets. The Asset Management Group is committed to serving clients as one of the premier investment houses in the UAE and will continue to strengthen its capabilities in the period ahead."
"I am delighted to have the opportunity to particularly come to Abu Dhabi and NBAD. The UAE is one of the most exciting places in the world to be and NBAD has a special place in banking industry in the region. I look forward to joining a winning team which is committed to growing the asset management businesses at NBAD to be an even greater force in banking and one which has a great reputation for customer service and innovation,"said Mr. Saleem Khokhar, Senior Fund Manager, NBAD's Asset Management Group.
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