Bank of London and the Middle East has appointed Khaled Alanani as head of alternative investments.
Alanani has rejoined the bank after departing in 2022 to take up a role at GFH, as senior director in its real estate team. He worked there for more than six and a half years, latterly as director and head of real estate investments. He is credited with helping to establish its real estate investments desk.
At GFH, Alanani worked with its subsidiary Roebuck Asset Management. He began his career at Cushman & Wakefield in Toronto.
His appointment at BLME comes as it embarks on its next phase of growth and broader strategy to expand its investment offering.
BLME said Alanani would be “instrumental” in the creation and distribution of new investment products, leveraging BLME’s A credit rating and the resources of its parent company, Kuwait’s Boubyan Bank.
Chief executive Andrew Ball said: “We are all extremely pleased that Khaled has chosen to return to BLME. The bank has significant growth ambitions across both the UK and the Middle East, and I look forward to working with Khaled to progress these goals and solidify BLME’s reputation as the go-to bank for GCC clients. He will work closely with BLME Capital, our recently launched subsidiary in Saudi Arabia, reaching new markets and unlocking investment opportunities for our GCC clients.”
Alanani said: “I am really looking forward to returning to BLME. It’s a hugely exciting time to be rejoining and to be working with such a talented group of people. GCC investors are increasingly seeking innovative and sophisticated investment opportunities and this is a golden opportunity to bring BLME’s expertise to new markets and capitalise on our exceptional track record.”
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