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PGIM makes foray into Middle East with senior appointment

PGIM, a global asset manager with US$1.3 trillion in AUM, has made a senior appointment to lead its expansion efforts in the Middle East. The firm has named Mohammed Abdulmalek senior advisor and chairman of PGIM’s Middle East council, according to a statement on Tuesday. The council has been established to evaluate and advise on PGIM’s expansion initiative in the Middle…

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