Evercore Is Set to Join Advisory Peers Expanding in Saudi Arabia
Evercore Inc. is expanding in Saudi Arabia with a new office and senior hire, according to people familiar with the matter — making it the latest advisory firm to deepen its presence in one of the world's most promising investment banking markets.
The New York-based firm has appointed Mohammed Aldekmary to run its franchise in the kingdom, the people said, asking not to be identified because the information is private. Aldekmary was most recently an adviser at Saudi Arabia's Ministry of Investment and has previously held roles at The Saudi Investment Bank and Royal Bank of Scotland, according to his LinkedIn profile.
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