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Morgan ... geared up for big task.

Cluttons picks Mideast CEO for corporate role

DUBAI, February 7, 2016

The equity partners of Cluttons have elected Steven Morgan, their current Middle East CEO, as the business’ new senior partner, with the role to commence at the start of the company’s new financial year in April.

Morgan, who is an existing board member of Cluttons and has been with the company for 13 years, will become the youngest senior partner in the company’s 250-year history at 39 years of age, said a statement from Cluttons.

He will take on the role having successfully led the Cluttons’ Middle East operations since 2013, it added.

During that period he had almost doubled the Middle East business’ turnover, from Dh45.6 million ($12.4 million) in 2013 to an expected revenue in excess of Dh80.5 million ($22 million) during the 2016/17 financial year, said the statement.

Morgan will succeed the current senior partner Bill Siegle, who will be stepping down after seven years in the role and 19 years as an equity partner at Cluttons.

He started his regional career joining Cluttons in Bahrain as an associate in 2003 and then moved to Dubai, becoming head of office in 2008 and then head of UAE in 2009.

By the time Morgan became Middle East CEO in 2013, he had worked on some of the region’s most exciting projects, it stated.

On his new role, Morgan said: "I am delighted to have been chosen to take on the mantle from Siegle who leaves us with a firm foundation for taking Cluttons forward. We are in a great position to build upon the business’ outstanding reputation, to continue to grow our successful UK business, our market-leading business in the Middle East and expand into new markets."

"The partners and I are looking forward to continuing Siegle’s excellent work in driving the firm’s development and growth," he added.

Dubbing Morgan as an exceptional member of the Cluttons team, Siegle said he had contributed significantly to the business’ growth and the development of its international platform.

"His drive for developing the business, along with his experience on the board, means he’s perfectly placed to take Cluttons forward," he added.

Morgan, who is based in Dubai with his family, will now split his time across the international business which now covers more than 50 countries worldwide.-TradeArabia News Service




Tags: Cluttons | equity |

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