Edmond de Rothschild Asset Management has named Fatima Asad-Bakhtiari as managing director, head of distribution Middle East. 

Based in Dubai and reporting to Marie Jacot, global head of distribution, her newly created role is to develop and strengthen Edmond de Rothschild AM's relationships with institutional clients in the Gulf Cooperation Council (GCC) countries.

"Her aim is to provide access to a wide range of expertise, particularly in private markets", the statement on 9 October said. 

Fatima will be able to draw on Edmond de Rothschild AM's services and conviction-based management offering, which is "particularly well suited to the needs of clients in this region", with a broad range of private equity and real estate investments.

Before joining Edmond de Rothschild Asset Management, Fatima Asad-Bakhtiari worked for seven years as sales director Middle East for Wells Fargo Asset Management, raising AUM across Equity, Fixed Income and Hedge Funds.

She previously spent five years at Franklin Templeton acting as Middle East institutional sales managers covering SWFs and family offices. 

Jacot said: "She brings a depth of experience in the Middle East market which will undoubtably help us establish our brand locally."