Investment advisory firm Carne Global Financial Services has appointed Penry Jackson as managing director and Alison Magrath as director of compliance services of Carne Dubai.
Jackson will focus on providing advisory services to asset managers while Magrath will act as a compliance officer to funds and asset management clients.
Jackson has over 25 years’ experience in financial markets. He was formerly managing director and head of MENA Global Prime Finance, Deutsche Bank AG. Prior to that role, he held a number of senior roles in Deutsche Bank's Global Prime Finance division in London and New York.
Magrath previously headed the Dubai International Financial Centre regulatory team at Al Tamimi & Co., the leading law firm in the Gulf region. She has assisted many asset managers in obtaining Dubai Financial Services Authority authorisation and provided ongoing advice.
“I am delighted to welcome Penry and Alison to Carne,” said John Donohoe, CEO of Carne Global. “The Middle East is a market with huge growth opportunities, both for managers in the region and for product distribution into the Middle East. Penry and Alison have many years’ experience working in the region.”
Carne Global Financial Services works with a large number of traditional and alternative asset managers, private banks, and family offices on projects ranging from short term tactical solutions to complete set-up and structuring. The firm has offices in London, Dublin, Luxembourg, Cayman Islands, Geneva and Dubai.