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Lazard Asset Management to open Dubai office, hires team

Feb 05, 2014 - SNL Financial Services
Board and Executive Moves

Lazard Ltd unit Lazard Asset Management LLC will open a new office in Dubai in a move to expand its operations in the Middle East, the company said in a Feb. 4 news release.

Farah Foustok will serve as a managing director of Lazard Asset and senior executive officer of its Dubai office. Foustok joins the company from ING Groep NV's ING Investment Management Middle East, where she served as CEO and chief investment officer.

Fadi Al Said, director and portfolio manager and analyst of L...