Deutsche Bank has appointed Fahad Albader and Adel Dagher as co-heads of asset management coverage for Deutsche Asset & Wealth Management in the Middle East and North Africa.

Albader and Dagher have joint responsibility for representing DeAWM and its investment capabilities to institutional clients across the MENA region.

Based in Dubai, they report to Peter Roemer, head of DeAWM's global client group, Europe, Middle East and Africa.

Albader joins from Deutsche Bank's Corporate Banking and Securities (CB&S) division, where he was most recently head of coverage for Kuwait, as well as serving institutional clients in the MENA region in relation to corporate finance and capital markets transactions. Dagher joins after 12 years with Man Group, where he most recently helped to develop Man’s institutional business in MENA, with a focus on alternatives.

In other recent hires at the firm, last month Deutsche Bank appointed Boris Liedtke as chief country officer for Luxembourg, taking over from Ernst Wilhelm Contzen, effective 1 January 2014.