The license enables Jefferies to operate as an authorized entity from the DIFC.
George Azar has been appointed managing director and senior executive officer of Jefferies International Limited, Dubai branch, whereas Imran Ahmed has been appointed as a senior vice president and an advisor in Jefferies’ Wealth Management group.
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Azar had previously worked for Union Bancaire Privee, where he had spent 11 years and was CEO of the Qatar office and managing director of Dubai.
Prior to working with UBP, he had spent five years with SCS Alliance (now Compagnie Bancaire Helvétique) in Beirut as a private banker having held a similar role at Merrill Lynch for five years in Geneva, Switzerland.
Ahmed also joins the firm from UBP, where he had spent nine years and was a senior vice president & deputy head institutional sales MENA.
Prior to joining UBP, he was a senior analyst in the investment banking division at the National Bank of Abu Dhabi (NBAD). He had also held a similar role at the private department of the late H.H. Sheikh Zayed Bin Sultan Al Nahyan.
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By GlobalDataRichard Handler, chairman and CEO of Jefferies, remarked: "We look forward to delivering to them Jefferies’ full range of investment banking and asset management services under the stewardship of George Azar, who is a highly respected and experienced professional with strong relationships across the region."
