StanChart hosts major Dubai forum
Dubai, April 1, 2012
Standard Chartered Bank recently hosted the Emerging Markets Traders Association’s (EMTA) forum in Dubai which was attended by more than 100 Bank clients comprising top executives and traders from the region.
The Dubai forum is part of the Trader’s association series of forums which also take place in New York, London, Latin America and Asia. Dubai is the first Middle East location for this popular series.
The forum provides a platform for discussion on the challenges and opportunities in the new world order and the way in which emerging market economies can work towards achieving sustainable balanced growth.
The one-day event discussed the political changes taking place in the region and their economic impact and featured sell-side and buy-side panels debating on the prospects and trends for the emerging markets.
Attendees comprised traders, research analysts, sovereign wealth funds and retail investors from the region and across the globe/beyond.
Dan Azzi, co-head of wholesale banking, Mena, Pakistan, said,"Standard Chartered's strong on the ground presence in the region comes in line with our clear strategy which is to focus on the emerging markets of Asia, Africa and the Middle East."
"Over the past few years, we have continued to invest in developing our platforms, human resources and product and services capabilities and most importantly continued to support our clients against a challenging environment. This commitment places us in an ideal position to benefit from the opportunities available in this market," he added.
Nafees Akbarali, the regional head of fixed income, Currencies and Commodities Trading for Mena and Global Head of G10 rates and Structured Products Trading, Standard Chartered said, "Despite the challenging global and regional economic environment, the fundamentals of our business remain strong and we continue to support our clients with competitive pricing and solutions for their hedging needs."
"Today, we are the leading bank in the field of currencies, commodities and Fixed Income trading in the region as a result of our clear focus and commitment to the dynamic markets of Asia, Africa and the Middle East," he added.
Marios Maratheftis from Standard Chartered, Abdul Kadir Hussain from Mashreq Capital, Farouk Soussa from Citi, Ghassan Chehayeb from Exotix, Simon Williams from HSBC, Dino Kronfol from Franklin Templeton Investments, Matt Epstein ICE Canyon, Marcel Kfoury from Nomura and Biswajit Dasgupta from InvestAD shared their economic and market insights at the event.-TradeArabia News Service