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Fairfax expands into Middle East

  • Middle East: Monday, August 03 - 2009 at 09:28

Fairfax, the international investment banking group, has hired a senior investment banking team formerly with Dubai-based Millennium Finance Corporation to expand the group's operations in the Middle East and North Africa, the UK-based Telegraph has reported. Abdulrahman Al Ansari, the former head of distribution at MFC, has been named as the chief executive of Fairfax Middle East, with Ali Nadir Syed, also previously at MFC, named as head of investment banking. Abraham Zaarour joins as a director, with Kamal Daswani named as a vice-president.

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