The latest moves and appointments in wealth management in the UK, the rest of Europe, the Middle East and other select locations.

Invesco
Global asset manager Invesco has appointed Hamid Asseffar as head of EMEA sustainable and impact investing – distribution.

Asseffar will be responsible for leading climate finance initiatives at Invesco, deepening the firm’s expertise and capabilities in relation to sustainable, impact and transition investing, and overseeing sustainable and impact investing business development with development finance institutions and other global international finance institutions. He will also work with colleagues across the EMEA region to coordinate sustainable and impact-focused fundraising campaigns.

Previously, Asseffar was head of asset managers, ETFs and indexed strategies, UK, at Invesco. In this position, he played a key role in business development, helping bring several innovative ETF products to market, as well as leading climate finance initiatives.

Asseffar worked closely with colleagues in distribution, investment and marketing to develop solutions in the climate adaptation and resilience debt space. He believes that there are opportunities to scale up private climate finance beyond generally improving the investment environment in emerging markets and developing economies in a time when money is not flowing at the pace or scale needed to help adapt to the physical effects of climate change.

“It is vital that we meet the growing client demand for ever more sophisticated and nuanced solutions. Hamid did exactly this with the ETFs and Indexed Strategies team, and we trust that his expertise will bring similarly impressive results to our sustainability and impact offerings,” Richard Glenn, head of EMEA private markets distribution at Invesco, said.

Janus Henderson Investors
Janus Henderson Investors has appointed Marwan AlSaleh as senior advisor to bolster its business in the Middle East.

AlSaleh (pictured), who is based in Dubai, will draw on his deep understanding of the investment landscape, including his extensive sovereign wealth experience, to provide expert guidance and advice to the company and its clients, .

AlSaleh was previously head of fixed income at the Kuwait Investment Authority (KIA) responsible for managing KIA’s fixed income asset allocation from 2016 to 2021. Prior to KIA, he spent 16 years at the Kuwait Investment Office (KIO) in London where he held several senior positions and was a member of the investment policy committee. AlSaleh began his career in the Treasury Department of KIA in 1985 and held several board positions in the GCC, Europe and Africa, including Bank of Bahrain and Kuwait, CITA (France), Gatehouse Bank (UK), Kuwait Egyptian Investment Company, Kuwait International Fair, Securities Group (Kuwait) and Kuwait Business Council (UAE). AlSaleh holds a bachelor of arts degree from Eckerd College, Florida and has more than 36 years of financial industry experience.

“Marwan’s appointment showcases Janus Henderson’s commitment to our clients and our clients’ clients in the region. He has a wealth of knowledge and is well respected in the industry,” Meshal AlFaras, head of Middle East, Africa and Central Asia at Janus Henderson, said.

Janus Henderson’s office in the Middle East was set up in 2012 by Meshal AlFaras. Since establishing the office, the firm has partnered with key clients from various countries in the region such as Kuwait, United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Oman, Botswana, Mauritius and Kazakhstan.