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A new horizon for Custody services
NBAD Custody: The first Custodian Bank in the UAE to be licensed by the Emirates Securities and Commodities Authority
NBAD Custody offers fully fledged core and value added post-trading solutions for the UAE markets and beyond.
One of the World’s 50 Safest Banks in 2010 (Global Finance) Best Bank in the UAE for 2010 (Euromoney)
www.nbad.ae Tel: +971 2 6161 828 Email: custodygroup@nbad.com
Acknowledgements
The GCC Mutual Fund Industry Survey 2011 exists as a result of support from the
following entities:
Sponsors: Emirates National Bank of Dubai, PricewaterhouseCoopers,
Qatar Financial Centre Authority, Al Imtiaz Investment Company
Advertisers: Advent Software, HSBC Saudi Arabia Limited, National Bank of Abu
Dhabi (NBAD) Custody Department, Securities and Investment Company BSC.
Sincere thanks go to the editorial board of the GCC Fund Industry Survey 2011:
Columcille O’Donnell, Drone Chowdry, and Stephen Carriere. I would also like to
thank Simon Gray, Chris Cameron, Jonathan Reid, Angharad Irving-Jones from the
Dubai Financial Services Authority and Manal Ashoor from the Central Bank of Bahrain.
The chapter on regulatory developments owes much to the work of the compliance team
at National Bank of Abu Dhabi. Abdulhadi Shahadah, Abdul Kadir Hussain, Ahmed
Talhaoui, Deon Vernooy, Ehab El Sawy, Farah Foustok, Hany Samir, Husayn
Shahrur, Mark Watts, Nicholas Kaiser, Richard Phillipson, Rula Zakaria, Shakeel
Sarwar, Yousuf Al Jaida were generous with their time and ideas. Yvonne Pohland
was intimately involved in book design and coordinated with all those who participated in
the publication. Alp Eke meticulously compiled data and worked on updating the book.
My family have become fervent supporters of outsourcing after many nights and
weekends of work required to complete the book.
G×yas Gökkent
Abu Dhabi, United Arab Emirates December 22nd, 2011
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