Wednesday, Nov 30, 2011
DUBAI (Zawya Dow Jones)--Dubai Group, the financial services subsidiary of Dubai Holding, which is owned by the emirate's ruler, Wednesday said it had appointed Trevor Regan as its chief investment officer.
Regan will report directly to Fadel Al Ali, Dubai Group's acting chief executive officer, and his role is to manage the entity's portfolio of assets, according to an emailed statement.
Regan has held senior roles at Citibank, Standard Chartered Bank and Al Rajhi Bank, Dubai Group said.
Dubai Group is in the process of restructuring some $10 billion worth of debt.
-By Nicolas Parasie, Dow Jones Newswires; +9714 446-1681; nicolas.parasie@dowjones.com
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(END) Dow Jones Newswires
30-11-11 1256GMT
