GLG Partners, the New York-listed asset manager, has appointed Mark Diab as a portfolio manager.

In his London-based role Diab will be responsible for Middle East and North Africa equities within GLG's emerging markets team and will report to Bart Turtelboom and Karim Abdel-Motaal, the co-heads of emerging markets, the firm said in a statement.

Prior to joining the GLG, Diab worked at the Qatari investment bank AMWAL as a managing director. There he was responsible for the firm’s equity asset management division as well as the management of two mutual funds, several institutional client portfolios and AMWAL’s own proprietary capital.

In his earlier career Diab was a vice president at SDC Group, which invests in the US, China and EMEA region, in charge of managing its listed equity investments.

In other recent developments, in August this year GLG Partners reported that its GAAP net loss attributable to common stockholders widened to $74.6 million for the quarter ended 30 June 2010, compared to $60.8 million for the previous quarter.