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Gulf International Bank (GIB) has announced the appointment of Robert Sargent as head of asset management at the bank's subsidiary in London, Gulf International Bank (UK) Limited.
Mr Sargent has over 20 years experience in asset management, largely developed at Morgan Stanley where he ran the investment management business for Europe, Asia, Middle East, Africa and Australia. His most recent position was with Lehman Brothers Asset Management as CEO and business head for the EMEA regions.
Dr Yahya Alyahya, GIB's CEO said: "This senior level appointment is a significant step in our efforts to expand our franchise through a client-led asset management business.
Mr Sargent will initially focus on enhancing and growing existing products and portfolios with the intention of expanding the investment strategies and products over time."
Mr Sargent said: "I am very excited to join GIB and to take responsibility for one of the region's leading asset management franchises."
