Tariq Qaqish Joins Menacorp as Managing Director Asset Management

Business

Tariq Qaqish Joins Menacorp as Managing Director Asset Management

Menacorp, among the leading financial services company in UAE, has actually announced today that Tariq Qaqish signed up with the firm as Managing Director Asset Management.

Menacorp is popular for being a safety and securities brokerage leader as it has, for the previous 4 successive years, ranked initially among 49 competitors, by market share and trade worth on the Dubai Financial Market, the major exchange of the United Arab Emirates. Menacorp has actually likewise established a strong setting on the fast-growing Nasdaq Dubai Equity Futures market where the company is also rated initially with a market share constantly surpassing 60% of the complete trade worth.

With Tariq Qaqish joining the company to run its possession management business, Menacorp strategies to accelerate its growth and use an extra diverse series of services and products to its wide base of clients consisted of financial institutions, corporations, government entities, sovereign financiers, family members workplaces, high net worth individuals and private clients.

"thanks to the commitment of our clients, the backing of our investors of the Bin Hamoodah Group and the commitment of our workers, Menacorp is today a well-regarded financial institution in the Middle East and North Africa region. The establishment of a wholly-owned property monitoring division is a natural development for our company. As our approach has actually always been to work with the most effective skills in the region, we are excited to have a professional of the quality of Tariq joining us. With his 25 years of experience, first-rate competence and deep understanding of the local and regional economies, Tariq is the best individual to lead our firm on this new section. Throughout the years, Tariq Qaqish built a remarkable track-record, surpassing market standards and peers thanks to his result-driven technique. In his previous functions, he has verified himself as a key executive in charge of leading his financial investment group in ending up being leading tier fund supervisors. That is our pledge to our clients: they will always have just the best in course to serve them" claimed Fathi Ben Grira, CEO of Menacorp.

"I am really excited to sign up with Menacorp, a well-respected banks not only in UAE yet likewise in the remainder of the Middle East and North Africa region. As the company's Managing Director Possession Monitoring, my goal is to deliver the best efficiencies to capitalists that put their rely on us. With Menacorp, I am positive that I will have the appropriate support to supply these outcomes many thanks to the company's strong platform in regards to compliance, back-office, IT and client services. I recognize that I am incorporating a company with high honest requirements and with a culture that is totally focused towards preserving clients' benefits. I expect deal with the rest of the team and start offering our clients under my new functions.

During recent years, Tariq Qaqish obtained various honors and awards including the prominent "Best Fund Manager of the Year" by Zawya Thomson Reuters and was recognized three times as one of MENA Power 50 Fund Managers of the Year.