{"id":94088,"date":"2024-07-23T00:00:00","date_gmt":"2024-07-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/blackrock-taps-new-chief-strategist-for-its-research-unit-for-the-middle-east-serco-has-a-new-coo-for-mena-plus-mbrsc-gets-new-board\/"},"modified":"2024-07-23T00:00:00","modified_gmt":"2024-07-23T00:00:00","slug":"blackrock-taps-new-chief-strategist-for-its-research-unit-for-the-middle-east-serco-has-a-new-coo-for-mena-plus-mbrsc-gets-new-board","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/07\/23\/blackrock-taps-new-chief-strategist-for-its-research-unit-for-the-middle-east-serco-has-a-new-coo-for-mena-plus-mbrsc-gets-new-board\/","title":{"rendered":"BlackRock taps new chief strategist for its research unit for the Middle East + Serco has a new COO for MENA. Plus: MBRSC gets new board"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- US pr<\/strong>ivate equity giant <strong>BlackRock<\/strong> relocated Middle East and Asia Pacific chief strategist of its BlackRock Investment Institute unit, <strong>Ben Powell (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/sg.linkedin.com\/in\/ben-powell-cfa-20a65a\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>), from Singapore to Dubai,<\/strong> as the firm looks to expand its research division to the Middle East, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-22\/blackrock-boosts-mideast-presence-relocates-strategist-to-dubai\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. Powell will focus on developing proprietary insights into the Middle East's macroeconomics, markets, and multi-asset classes, as he oversees the unit\u2019s activities in the APAC region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong style=\"background-color: transparent;\">The move comes as the company sets up a Riyadh-based investments team <\/strong><span style=\"background-color: transparent;\">with up to USD 5 bn from Saudi Arabia\u2019s sovereign wealth fund, and after the private equity firm appointed a former Goldman Sachs executive to lead its UAE branch <\/span><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/362ab5ab-cb8a-47f4-bde8-3b9563710f18\/julius-baer-appoints-new-senior-banker-for-non-resident-indian-businesses-in-dubai\" rel=\"noopener\">last month<\/a><span style=\"background-color: transparent;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Public services<\/strong> firm <strong>Serco <\/strong>promoted <strong>Hana Abu Kharmeh (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/hana-abu-kharmeh-5baa1293?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a><\/strong><strong>)<\/strong> to <strong>COO for the<\/strong><strong> Middle East<\/strong>, transitioning from her role as Chief People and Culture Officer, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/people-in-the-news\/hana-abu-kharmeh-takes-new-position-as-chief-operations-officer-for-serco-in-middle-east-wtw2bmgm\" style=\"\" rel=\"noopener\">press release<\/a>. Abu Kharmeh previously led the people department for over five years at Serco and will now lead technology and transition teams while continuing to oversee HR and workforce management, reporting to CEO Phil Malem. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>During her stint Serco managed to exceed the Emiratisation targets by seven times<\/strong>, which earned it a NAFIS UAE Award from the Emirati Talent Competitiveness Council, and boosted the number of female nationals in the business by 133% y-o-y. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- <\/strong><strong>Dubai<\/strong><strong> Ruler Sheikh Mohammed bin Rashid Al Maktoum reformed the board of directors of the Mohammed Bin <\/strong><strong>Rashid Space Centre,<\/strong> according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/july\/17-07\/mohammed-bin-rashid-issues-decision\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/july\/17-07\/mohammed-bin-rashid-issues-decision\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. The revised board will be chaired by Hamad Obaid Al Mansoori (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/hamadalmansoori\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), with Yousuf Hamad Al Shaibani serving as vice chairman.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- The Dubai Ruler also formed the Board of <\/strong><strong>Trustees for the Dubai Community Contributions Establishment, <\/strong>according to the <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/july\/18-07\/mohammed-bin-rashid-issues-decision-forming\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/www.mediaoffice.ae\/en\/news\/2024\/july\/18-07\/mohammed-bin-rashid-issues-decision-forming\" style=\"\" rel=\"noopener\">Dubai Media Office<\/a>. The board will be chaired by Hessa bint Essa Buhumaid (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/hessa-essa-buhumaid-76155914\/?originalSubdomain=ae\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), with Ahmed Darwish Al Muhairi serving as vice chairman.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ALSO- The Mohammed Bin Rashid Space Centre has a new board<\/p>\n","protected":false},"author":1,"featured_media":94089,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1549],"tags":[523,87,7,33],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-blackrock","tag-dubai","tag-enterpriseam-uae","tag-moves","wpautop","entry"],"acf":{"mongo_id":"b9c4bbf1-1bbe-4044-9eda-bc9db90e9ad1","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/1804.jpg","photo_position":"above","homepage_title":"","full_issue_title":"BlackRock taps new chief strategist for the Middle East + Serco has a new COO for MENA. Plus: MBRSC gets new board","related_issue":[94070],"teaser":"ALSO- The Mohammed Bin Rashid Space Centre has a new board","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.e603fe81-189a-4276-81f7-d786283527b0.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BlackRock taps new chief strategist for its research unit for the Middle East + Serco has a new COO for MENA. 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