Christophe Younes has been appointed as senior executive officer of Carmignac Middle East Ltd and head of Middle East. Younes, who previously spent a decade at the firm before a tenure at PIMCO, will oversee distribution across the UAE. His leadership team includes board member Habib Achkar, a former Morgan Stanley executive with extensive experience in the Saudi and regional markets. The expansion follows a broader industry trend as firms like KKR and UBS also bolster their local presence to tap into the UAE's rising wealth management sector.
Rose Ouahba, group deputy CEO, noted that the firm intends to leverage its European experience to serve local institutions. The move is supported by the Dubai Economic Agenda, which continues to position the emirate as a primary gateway for global capital. Salmaan Jaffery, chief business development officer of the DIFC Authority, emphasized that the decision aligns with Dubai’s status as a hub for high-net-worth investors seeking sophisticated financial solutions.
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