Northstar Financial Services (Bermuda) is planning to start its operation in Middle East and Africa by opening a new office in the DIFC.

The firm has appointed Mark Rogers as a vice chairman to lead the Middle East and Africa initiative as well as to manage the global activities of the company.

Northstar said that it is set to make an announcement regarding the key representative to be based in the region.

Northstar head of distribution Alejandro Moreno said: "His vast experience and global network of relationships should prove to be invaluable as we continue to enhance our product range and expand into new territories. The Middle East and Africa in particular represent a significant opportunity for Northstar and I look forward to working with Mark in those regions."

Rogers said: "With a robust operating history stretching back 17 years, a compelling range of products and a highly experienced team, Northstar is perfectly positioned to support the growing demand for international investment products."

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