Monday, July 15, 2024

Brevan Howard hires Middle-East CEO from Ares

Brevan Howard has hired Oualid Lahsini from Ares Management Corporation as CEO of its Middle East business and to lead client partnerships for MENA and Asia.

Based in the $33bn macro manager’s newly-opened Abu Dhabi base, Lahsini will report to Natalie Faye Smith, head of strategy and the client partnership group at Brevan Howard.

He was a partner and head of Middle East and Africa relationship management at Ares. Prior to almost a decade there, he spent eight years with Credit Suisse.

Aron Landy, CEO of Brevan Howard, said Lahsini’s “investment expertise, client-first mentality, and knowledge of local market dynamics will be immensely valuable as we grow our presence in the region.”

Brevan Howard announced its new Middle East regional hub in the Al Sarab Tower in the Abu Dhabi Global Market (ADGM) in February. It will accommodate more than 100 employees across portfolio management, research, trading, risk, operations, client services, business development, compliance, and technology.

“I am excited to join Brevan Howard during this period of remarkable growth,” said Lahsini. “I’m looking forward to supporting the growth of the firm in the region through hiring exceptional talent, strengthening our partnerships with local institutions, and supporting our global portfolio and risk management teams with local insights.”

The firm, which is climbing towards its prior peak of being $40bn assets under management, has about 1,000 employees worldwide.