|
Morgan Stanley (NYSE: MS) today announced the appointment of Kamal Jabre as
Chairman and CEO for the Middle East and North Africa (“MENA”) region.
Mr Jabre, 44, is a twenty year veteran of Morgan Stanley and one of the
Firm’s most senior M&A bankers. He has advised on a large number of
transactions for the Firm’s most important clients in North America, Europe and
the Middle East and North Africa. Clients for whom he has executed transactions
include, amongst others: Bayer, BP, Dubai Holding, Dubai World, Emirates NBD
Bank, KIPCO, Etisalat, KKR, Qatar Holding, Mubadala, Pfizer, Shell, Statoil and
Saudi Telecom. In addition to his role as part of Morgan Stanley’s M&A
department, Mr Jabre has also been an integral part of the leadership team of
the MENA business since 2006.
Commenting on the appointment, Colm Kelleher, co-President of Institutional
Securities and Head of EMEA and Asia Pacific for Morgan Stanley, said: “This
appointment underlines Morgan Stanley’s long-term commitment to the MENA
region. With his depth of experience, long tenure at the firm and client
relationships, Kamal will bring strong leadership to our businesses in the
region as we seek to continue to strengthen our successful franchise in the
Middle East and North Africa.”
Mr Jabre replaces Habib Achkar, currently the regional manager for the MENA
region, who will return to Europe in a new role as a Vice Chairman in Morgan
Stanley’s Senior Relationship Management group, where he will focus on expanding
the Sales and Trading relationship coverage of some of the Firm’s most important
clients in Europe and the Middle East.
Morgan Stanley is a leading global financial services firm providing a wide
range of investment banking, securities, investment management and wealth
management services. The Firm's employees serve clients worldwide including
corporations, governments, institutions and individuals from more than 1,300
offices in 42 countries. For further information about Morgan Stanley, please
visit www.morganstanley.com.
Media Relations Contacts: Morgan Stanley, Wesley McDade, +44 20 7425
4942 Capital MS&L, Fran McElwaine, +971 4 367 6153
|