Barclays Capital enhances focus on MENA region

Barclays Capital enhances focus on MENA region
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Published November 10th, 2010 - 11:24 GMT

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Barclays Capital, the investment banking division of Barclays Bank PLC., announced the appointment of Makram Azar as Managing Director and Head of Investment Banking, Middle East and North Africa (MENA).

Makram will be responsible for all investment banking functions for MENA, coordinating Barclays Capital activities for clients across the region. He will also provide senior coverage support for a number of large clients in the wider EMEA region as a senior relationship banker.

"I am delighted to welcome Makram to our team. His appointment reflects both our commitment and our ambitions for the MENA region. Makram enjoys an established global track record and a reputation for supporting clients in achieving landmark investment banking transactions and his recent appointment further enhances our offerings to our clients in the region", said Thomas King, Head of EMEA Investment Banking.

Makram has more than 20 years of experience in the financial industry where he held several leadership positions among various internationally renowned entities. Prior to joining Barclays Capital, Makram was head of the MENA region for Kohlberg Kravis Roberts & Co. (KKR). Prior to that, he had an 18 year career at Lehman Brothers where his last role was Managing Director and Global Head of Sovereign Wealth Funds and Chairman of Media Investment Banking for Europe and the Middle East.

John Vitalo, Chief Executive Officer of Barclays in the Middle East and North Africa, added: "Makram brings a wealth of experience in the field of investment banking. We are confident that he will be a driving force in establishing our great ambitions for the region, while building upon our leading value proposition that is tailored to fulfil the strategic financial needs of our clients."

During his career, Makram advised government entities and large corporations on a variety of landmark transactions in different parts of the world. He has successfully led several financial transactions in Europe and the Middle East across a multitude of sectors. 

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