Lazard Marks Strategic Expansion Into the UAE, Reinforcing Its Financial Advisory Base in MENA
Lazard (NYSE: LAZ) has announced a strategic expansion into the United Arab Emirates, establishing Abu Dhabi as its main Financial Advisory office for the country, pending regulatory approval. The expansion highlights Abu Dhabi's position as a global business and financial hub while strengthening Lazard's presence in the MENA region.
As part of this initiative, Hussain Altajir has been appointed as CEO of Lazard Financial Advisory in UAE. Altajir brings over 20 years of experience and previously served as Head of Dubai Coverage, Global Banking at HSBC. He will collaborate with Sarah Al Suhaimi, Chairwoman, and Wassim Al Khatib, CEO of Financial Advisory for the MENA region, to enhance client relationships and expand regional operations.
Lazard (NYSE: LAZ) ha annunciato un'espansione strategica negli Emirati Arabi Uniti, stabilendo Abu Dhabi come suo principale ufficio di Consulenza Finanziaria per il paese, in attesa dell'approvazione normativa. Questa espansione sottolinea il ruolo di Abu Dhabi come centro globale per gli affari e la finanza, rafforzando al contempo la presenza di Lazard nella regione MENA.
Come parte di questa iniziativa, Hussain Altajir è stato nominato CEO di Lazard Financial Advisory negli Emirati Arabi Uniti. Altajir vanta oltre 20 anni di esperienza e in precedenza ha ricoperto il ruolo di Responsabile del Dubai Coverage, Global Banking presso HSBC. Collaborerà con Sarah Al Suhaimi, Presidente, e Wassim Al Khatib, CEO della Consulenza Finanziaria per la regione MENA, per migliorare le relazioni con i clienti e ampliare le operazioni regionali.
Lazard (NYSE: LAZ) ha anunciado una expansión estratégica en los Emiratos Árabes Unidos, estableciendo Abu Dabi como su principal oficina de Asesoría Financiera en el país, pendiente de la aprobación regulatoria. Esta expansión destaca la posición de Abu Dabi como un centro global de negocios y finanzas, al tiempo que fortalece la presencia de Lazard en la región MENA.
Como parte de esta iniciativa, Hussain Altajir ha sido nombrado CEO de Lazard Financial Advisory en los Emiratos Árabes Unidos. Altajir aporta más de 20 años de experiencia y anteriormente fue Jefe de Cobertura de Dubái, Banca Global en HSBC. Colaborará con Sarah Al Suhaimi, Presidenta, y Wassim Al Khatib, CEO de Asesoría Financiera para la región MENA, para mejorar las relaciones con los clientes y expandir las operaciones regionales.
Lazard (NYSE: LAZ)는 아랍에미리트로의 전략적 확장을 발표하며, 규제 승인 대기 중인 가운데 아부다비를 해당 국가의 주요 금융 자문 사무소로 지정했습니다. 이번 확장은 아부다비가 글로벌 비즈니스 및 금융 허브로서의 입지를 강조하는 동시에 MENA 지역 내 Lazard의 존재감을 강화합니다.
이 이니셔티브의 일환으로 후세인 알타지르(Hussain Altajir)가 아랍에미리트 Lazard 금융 자문 대표(CEO)로 임명되었습니다. 알타지르는 20년 이상의 경력을 보유하고 있으며, 이전에는 HSBC에서 두바이 커버리지 글로벌 뱅킹 책임자를 역임했습니다. 그는 MENA 지역 금융 자문 CEO인 와심 알카티브(Wassim Al Khatib)와 의장인 사라 알 수하이미(Sarah Al Suhaimi)와 협력하여 고객 관계를 강화하고 지역 운영을 확장할 예정입니다.
Lazard (NYSE : LAZ) a annoncé une expansion stratégique aux Émirats arabes unis, établissant Abou Dhabi comme son principal bureau de conseil financier dans le pays, sous réserve d'une approbation réglementaire. Cette expansion met en avant la position d'Abou Dhabi en tant que centre mondial des affaires et de la finance, tout en renforçant la présence de Lazard dans la région MENA.
Dans le cadre de cette initiative, Hussain Altajir a été nommé CEO de Lazard Financial Advisory aux Émirats arabes unis. Altajir apporte plus de 20 ans d'expérience et a auparavant occupé le poste de responsable de la couverture de Dubaï au sein de la banque globale chez HSBC. Il collaborera avec Sarah Al Suhaimi, présidente, et Wassim Al Khatib, CEO du conseil financier pour la région MENA, afin de renforcer les relations clients et d'étendre les opérations régionales.
Lazard (NYSE: LAZ) hat eine strategische Expansion in die Vereinigten Arabischen Emirate angekündigt und Abu Dhabi als Hauptsitz für die Finanzberatung im Land etabliert, vorbehaltlich der behördlichen Genehmigung. Die Expansion unterstreicht Abu Dhabis Stellung als globales Geschäfts- und Finanzzentrum und stärkt gleichzeitig Lazards Präsenz in der MENA-Region.
Im Rahmen dieser Initiative wurde Hussain Altajir zum CEO von Lazard Financial Advisory in den VAE ernannt. Altajir bringt über 20 Jahre Erfahrung mit und war zuvor Leiter der Dubai Coverage im Global Banking bei HSBC. Er wird mit Sarah Al Suhaimi, Vorsitzende, und Wassim Al Khatib, CEO der Finanzberatung für die MENA-Region, zusammenarbeiten, um Kundenbeziehungen zu verbessern und die regionalen Aktivitäten auszubauen.
- Strategic expansion into UAE market enhances regional presence
- Establishment of Abu Dhabi as main Financial Advisory hub strengthens market position
- Appointment of experienced regional leader with 20+ years expertise
- Expansion subject to pending regulatory approval
- Potential initial setup and operational costs in new market
As a key part of this expansion, Lazard has appointed Hussain Altajir as CEO of Lazard Financial Advisory in
“We are excited to reinforce our presence in the
Hussain Altajir will work closely with Sarah Al Suhaimi, Chairwoman, and Wassim Al Khatib, CEO of Financial Advisory for the MENA region, in expanding Lazard’s engagement with clients in the region.
Before joining Lazard, Mr. Altajir served as Head of Dubai Coverage, Global Banking at HSBC where he established a distinguished career since 2003. Mr. Altajir holds a BSBA in Finance & Banking from the American University of
About Lazard
Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in
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Media Relations
Flore Larger, +33 1 44 13 01 30
Flore.larger@lazard.com
Investor Relations
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alexandra.deignan@lazard.com
Source: Lazard, Inc.
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