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Macquarie strengthens Middle East presence with senior hire

Abu Dhabi, 17 June 2014

Macquarie Capital, the corporate advisory and capital markets arm of Macquarie Group, today announces that Wissam Moukahal has been appointed as Executive Chairman of Macquarie Capital Middle East.

Based in Abu Dhabi, Wissam joins Macquarie following 12 years at Deloitte Middle East, where he was partner, serving as Chairman of Deloitte & Touche’s Middle East Board Advisory Committee and was the financial services industry leader for Deloitte in the UAE.

Wissam has experience leading and advising companies and family offices through complex undertakings, such as re-financing transactions and audits.  He has worked with many of the region’s leading financial institutions and sovereign wealth funds, as well as commercial banks, real estate developers, government entities and private equity funds across the Middle East. 

Hajir Naghady, Head of Macquarie Capital Middle East comments, “We are delighted to welcome Wissam to Macquarie.  His excellent credentials in the advisory and capital markets space, in-depth sector knowledge and network of valuable senior contacts will be key assets in helping to drive strong performance across the Middle East.”

David Fass, CEO, Macquarie in Europe, the Middle East and Africa, says “Macquarie is committed to delivering innovative solutions to clients in the Middle East. Wissam is a great addition to the team and will play an important role in continuing our success in the region”.

Macquarie Group has been operating in the Middle East since 2005 and offers comprehensive advisory solutions, infrastructure fund management and fixed income, commodities and currencies services to clients from offices in Abu Dhabi and Dubai.  Macquarie Capital is at the forefront of the project finance market in the Middle East and has advised on more than $US2.8 billion worth of transactions.   

For additional information, please contact:

Nicole Grove
Corporate Communications
Macquarie Group
Tel: +44 (0) 20 3037 5602
Email: nicole.grove@macquarie.com

Racha Mhanna
Director, FTI Consulting
Strategic Communications
Tel: +971 4437 2108
Email: racha.mhanna@fticonsulting.com

Tamara Khoury
Consultant, FTI Consulting
Strategic Communications
Tel:+971 4437 2115
Email: tamara.khoury@fticonsulting.com

Notes to Editors:

About Macquarie Group
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries and employs more than 13,900 people. Assets under management total approximately $US396 billion at March 31, 2014. For more information, visit www.macquarie.com.

About Macquarie Capital
Macquarie Capital comprises Macquarie Group's corporate advisory, capital markets, underwriting and wholesale structuring capabilities. It provides a breadth of services including specialist capabilities in mergers and acquisitions, takeovers and corporate restructuring advice, equity and debt capital markets, corporate broking, private equity placements and principal products.