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Sugrue specialised in covering the insurance and reinsurance sectors
SSA DCM banker previously worked at RBC and Santander
New appointment comes amid strong Asian private placement activities
Executive is moving to more senior role
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Change reflects growing importance of Saudi Arabia
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Third Saudi capital markets banker to leave in recent months
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Co-CEO leaving is first high profile departure since takeover
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Banker left US house and joined boutique in 2023
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Asset manager hires non-agency RMBS portfolio manager