Adnoc taps Morgan Stanley energy banker to lead investment push: Abu Dhabi’s Adnoc appointed Michael O’Dwyer (LinkedIn) as chief investment officer as the company steps up its global acquisition strategy across gas, chemicals, and shipping, Reuters reports, citing sources it says are familiar with the matter. O’Dwyer is currently Morgan Stanley’s global co-head of energy and has also previously worked at Lehman Brothers and Eni.
IN CONTEXT- The reported hire comes amid plans from Adnoc to increase its US investments to USD 440 bn over the next decade as its international investment arm XRG lines up tens of bns of USD for a gas push in the US.
) Bybit names new compliance chief to steer global compliance: Dubai-based crypto exchange Bybit appointed Peter Loo (LinkedIn) as chief compliance officer, tasking him with leading the company’s global regulatory strategy as oversight of digital asset platforms continues to tighten, according to a press release.
The new hire: Loo has more than 25 years of experience working with investment banks, law firms, regulators, and digital asset players across different jurisdictions. He joins Bybit from blockchain startup Mantra, where he served as COO. His career also includes a tenure as general counsel and head of sector development at Dubai’s Virtual Assets Regulatory Authority.
Gallagher appoints new Middle East & Africa leader: Global ins. broker Gallagher appointed Andy Winwood (LinkedIn) as senior executive officer for the Middle East and Africa, according to a press release. Winwood will oversee the firm’s regional business and focus on deepening its market footprint. He previously served as Gallagher’s senior executive for strategic client and market engagement.
His previous experience includes a 14-year tenure with Saudi Aramco as a senior ins. and risk management consultant, following earlier roles at Aon Ins. Managers.