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Morgan Stanley Beefs Up ME Wealth With Credit Suisse, Bear Hires

Stephen Harris

29 September 2008

Morgan Stanley has appointed Hani Nabulsi, Mohammed Odeh and Nadim Shabsogh as executive directors and investment advisors in its Dubai-based Private Wealth Management team.

Mr Al-Nabulsi and Mr Odeh both join from Credit Suisse in Dubai, where they were jointly responsible for leading a UAE private banking coverage team. Mr Shabsogh joins from Bear Stearns in London, where he had responsibility for Middle East private client relationships.

The trio will report to Ausaf Abbas, head of Sales and Marketing for PWM in the EMEA region.

Prior to joining Credit Suisse, both Mr Nabulsi and Mr Odeh worked for Salomon Smith Barney and Merrill Lynch in New York and Dubai.

Prior to joining Bear Stearns, Mr Shabsogh worked at Donaldson, Lufkin & Jenrette and Credit Suisse First Boston in London.

Mr Al Nabulsi and Mr Odeh will focus on ultra high net worth clients and family offices in the UAE while Mr Shabsogh will focus on the same segment in Saudi Arabia and Kuwait.