Fidelity International made Rabia Mourad its head of Middle East and Africa based in Dubai, the firm said in a statement on Monday.
He replaces Lawrence Hanson, who was appointed managing director for Australia in late 2022.
He is responsible for growing the business across client channels in the region, the statement said. He is expected to drive the development of solutions for wholesale and institutional clients while working closely with the global investment teams, it added.
Mr. Mourad reports to Hong Kong-based Rajeev Mittal, managing director of Asia Pacific ex-Japan.
Mr. Mourad has been with Fidelity since 2017, when he joined as sales director. In his new role, he directly manages Peter Duke, head of intermediary sales in the Middle East and Africa, and Dominic Herbert, head of Middle East and Africa institutional sales.
Fidelity manages $524.9 billion in assets.