NBAD’s Asset Management Group appoints Associate Fund Manager

December 18, 2008 2:45 pm

Mr. Muderrisoglu holds a BA in Economics from Bilkent University, Turkey and an MA in Economics of Money, Banking and Finance from the University of Sheffield, UK.

Prior to joining NBAD’s Asset Management Group, he was a Technical Analysis Instructor with Smartline Investment Training Institute in Cyprus.

He has several years of experience as a Fund Manager having been a Senior Portfolio Manager with Standard Unlu Asset Management, and a Fund Manager with Is Asset Management in Istanbul, the largest asset management company in Turkey.

Mr. Muderrisoglu worked in the volatile Turkish financial markets; his work experience spans two emerging markets crisis episodes followed by a long bullish period with minimum losses and a good/stable return profile.

The performance of funds under his management consistently beat strong fund peers and also broadly outperformed benchmark targets.

He has hands on experience in the FX market and Technical Analysis.

Commenting on the appointment of Mr. Muderrisoglu, Dr. Gýyas Gökkent, NBAD’s Head of Economic Research & Chief Economist said:

“I welcome Mr. Muderrisoglu to the NBAD family at this turbulent time in international equity markets. The Asset Management Group (AMG) is proud to have recruited another top caliber individual to its fund management team. This appointment has further strengthened AMG and will be invaluable in our pursuit to provide the best asset management capability in the region.”

“I am delighted to have the opportunity to particularly come to Abu Dhabi and NBAD. The UAE is one of the most exciting places in the world to be and NBAD has a special place in banking industry in the region. I look forward to joining a winning team which is committed to growing the asset management businesses at NBAD to be an even greater force in banking and one which has a great reputation for customer service and innovation.” said Mr. Zeki Muderrisoglu, Associate Fund Manager, NBAD’s Asset Management Group.