Janus Capital Appoints Head of the Middle East and Announces the Opening of New OfficePress Release08 Oct 2012 09:59 am
Meshal Jaber Al Faras to Lead the Middle East Business out of Dubai
Janus Capital International Limited, the international armof Janus Capital Group Inc. (NYSE: JNS), today announced the appointment of Meshal Jaber Al Faras, as Head of the Middle East for Janus Capital’s international business, effective immediately. The firm has also opened a representative office in Dubai out of which Meshal will be based.
Meshal comes to Janus with over 15 years of experience in the investment industry. Prior to joining Janus, he was Head of GCC Business Development at Royal Capital in Abu Dhabi. Before that, he was a Director at Natixis Global Associates and a spent a decade with the Kuwait Investment Authority. Meshal will report directly to Augustus Cheh, President of Janus Capital International.
Commenting on the appointment, Augustus Cheh, President of Janus Capital International said: “This marks an important step in our growth as it fulfils one of our key strategic initiatives for the business in adding depth to our activities in the Middle East.”
In further news, Janus also announced the opening of its new office in the Dubai International Finance Centre to service existing and new clients in the Middle East. The office opening marks the fifth for Janus in 2012, with offices opened to date this year in The Hague, Frankfurt, Paris, and Zurich.
Mr. Jeffery Singer, CEO of DIFC Authority, said: "We are pleased to welcome Janus Capital International Limited to our community of financial and professional services firms. DIFC is not just a cornerstone of the Dubai and UAE economies, but is also the centre for attracting investment, supporting economic growth across the region, and enabling global capital flow. Janus has a strong proposition to regional investors and their decision to establish their regional base in DIFC will provide Janus with the ideal platform and modern infrastructure they need to facilitate the capital flows into and out of targeted markets."