UBS Hires Arqaam’S Ali Khan to Head MENA Equity Sales Team

Ali Khan, former managing director at Dubai-based Arqaam Capital Ltd., has been hired by UBS AG to head the Swiss bank’s equity sales team in the Middle East and North Africa region.

Khan, 43, will start at UBS at the end of October, Hana Dunn, a London-based spokeswoman at the bank, said in phone interview today.

Arqaam said earlier today that Khan stepped down from his post after three years to pursue “other opportunities.”