Emirates NBD has appointed Arjuna Mahendran as the new chief investment officer (CIO) of its wealth management division.
In his new role, Mahendran will be responsible to expand and deepen the bank’s knowledge base and product offering on its wealth management platform, across the Middle East and North Africa (MENA) region and beyond.
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Mahendran joins Emirates NBD from HSBC Private Bank, where he held the position of managing director and chief investment strategist – Asia; and Singapore head of Investment Group Discretionary Asset Management.
In this position, he was responsible for providing in-depth analysis of markets in the Asia Pacific region and driving research within the organisation.
Prior to joining HSBC, Mahendran was chief economist-strategist at Credit Suisse Private Bank and also held the position of director general for the board of investments of Sri Lanka.
Mahendran said: "It is an exciting time to be in the Middle East as regional markets experience significant growth, in comparison to their global counterparts, and this is further underlined by MSCI’s recent upgrade to Emerging Market status for UAE and Qatar."
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