Northstar Financial Services, based in Bermuda, has opened a new office in Dubai, with Sanjeev Chowdhury as principal representative.
The office has been introduced to support financial advisers distributing the firm’s international investment solutions across the Middle East and Africa. It will be located in the Dubai International Financial Centre (DIFC) and regulated by the Dubai Financial Services Authority (DFSA).
Chowdhury previously worked on building Sun Life International’s presence in the Middle East, having worked in the Dubai branches of Standard Chartered and ABN AMRO prior to that.
“I am delighted Sanjeev has decided to join Northstar and I am excited about what we can achieve in the region,” said Mark Rogers, Northstar’s vice chairman, who is heading the firm’s Middle East and Africa initiative.
“There is a gap in the market for tried and tested investment solutions for international clients. Northstar’s compelling products and highly experienced team are ideally placed to help financial advisers fill that void.”
Chowdhury said: “I am thrilled to be partnering again with my former colleagues Mark and Alejandro Moreno at Northstar. Now that the firm is regulated by the DFSA and has an office in the DIFC, I look forward to further consolidating its activities in the Middle East and Africa.”
Northstar, Appointment, MENA, Insurance, Bermuda,