JPMorgan Hires Ahmed Saeed From Nomura for Middle East Coverage

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JPMorgan Chase & Co. hired Ahmed Saeed to head its public sector coverage in Middle East as the biggest U.S. bank boosts its presence in the oil-rich region.

Saeed joins from Nomura International Plc where he was a managing director focusing on public sector clients in the Middle East, JPMorgan said in an e-mailed statement today. Previously he worked with the U.S. Department of Treasury in Washington, D.C, and Cerberus Middle East Capital Advisors Ltd.