Deutsche Bank names new Middle East hedge fund sales chief

DB Absolute Return Strategies has previously served its Middle Eastern clients from London and New York, but Abdulmalik, based in Bahrain, will give the business a sales presence in the region for the first time.

Abdulmalik joins the bank from UBS Global Asset Management, where he was in charge of alternative investment business development in the Middle East. At Deutsche Bank, he will report to Tim Sweeting, DB Absolute Return Strategies' head of sales for Europe and the Middle East.

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