Leggate joins Russell Investments as ME head
Russell Investments, the global investment management company, has appointed Jim Leggate as managing director of its Middle East business.
Leggate’s appointment is part of the company’s expansion plans across the Gulf Cooperation Council (GCC) region, the company said in a statement. He will be based in Dubai and report to Pascal Duval, president of Russell’s EMEA business.
Previously, Leggate was executive director and head of EMEA asset owners and investment consulting at MSCI. He has over 20 years experience in financial markets across a number of disciplines including indexes, sovereign wealth funds, pension funds, investment consulting, asset management and private banking. He has been covering the Middle East for the past 14 years and was based in the region from 2006 to 2010.
The company also plans to increase its local staff and one of Leggate’s first responsibilities will be to build a team of industry professionals.
“Jim’s mix of experience and deep knowledge of sovereign wealth funds, stock exchanges and institutional investors perfectly matches Russell’s services. It also leverages our local partnerships with Jadwa Investment and Rayan Asset Management,” Duval said.
The company said it sees the Middle East as a key driver for business growth in coming years.