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Rothschild Said to Name Al Awar Co-Head of Middle East Business

  • Boutique also hired restructuring specialist Bruno Navarro
  • Lower oil is driving regional mergers and restructurings
Residential and commercial skyscrapers stand along the coastline in Abu Dhabi, United Arab Emirates.
Photographer: Christopher Pike/Bloomberg
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Rothschild & Co. appointed Saeed Al Awar as co-head in the Middle East as the boutique bank seeks to win more restructuring and advisory work across the region, according to two people familiar with the matter.

Al Awar, a United Arab Emirates national, will manage about a dozen bankers with Edoardo Fassati who recently relocated to London to focus on energy deals globally, as well as his work in the Middle East, the people said, asking not to be identified because the matter is private. Al Awar has been with Rothschild for almost five years after joining from law firm Linklaters LLP.