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Sri Lanaka based Amana Takaful has opened a new office in Ratnapura, the capital of Sabaragamuwa province, about 60 miles from the country’s capital Colombo.
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Frontier markets investment boutique Exotix has lost two senior officials from its Dubai office. Senior executive officer and branch founder Ahmad Alanani is understood to be leaving Exotix while director of credit research Ghassan (Gus) Chehayeb is confirmed as having already left.
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Mizuho Securities USA has hired Jim Stehli as a managing director to run its collateralized loan obligations team in New York. The hire surprised some market participants who recalled Stehli's time at UBS, where his department recorded a huge loss on CDOs during the financial crisis.
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Further layers of management in Royal Bank of Scotland’s corporate and institutional bank have been decided, with promotions for Bob McKillip, Pierre Ferland, Richard Bartlett and Jan de Ruiter.
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Bishopsfield Capital Partners, the London financial advisory and investments boutique founded by two ex-ABN Amro bankers, has hired Glenn Fox as it builds up its infrastructure finance practice.