Dubai’s Rasmala Hires Hans Zayed, Saud Masud to Equity Division

Rasmala Investment Bank Ltd., which has an equity research tie-up with Royal Bank of Scotland Group Plc, hired Hans Zayed as head of Middle East and North Africa equity research and Saud Masud as senior equity analyst for real estate and construction, according to a statement on the company website.

Masud joins Rasmala from UBS AG, while Zayed previously worked with Credit Suisse First Boston, BNP Paribas and Societe Generale, the Dubai-based asset manager said.

To contact the reporter on this story: Shaji Mathew in Dubai at shajimathew@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

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