Investcorp names El-Erian to advisory board

Manama : Investcorp announced yesterday that it has appointed Dr Mohamed A. El-Erian to its Advisory Board.

Prior to assuming his current responsibilities at Allianz in 2014, Dr El-Erian was CEO and Co-Chief Investment Officer of PIMCO (2007-14), the international investment management firm he first joined back in 1999 to lead its emerging market business.  He has served as Chairman of the US Government’s Global Development Council under President Obama and has held roles including Deputy Director of the International Monetary Fund and CEO and President of the Harvard Management Company.  He is currently a contributing editor at the Financial Times, a Bloomberg columnist and co-chairs the capital campaign for Cambridge University and its Colleges. He serves on a number of non-profit Boards, including the National Bureau for Economic Research, the Carnegie Endowment for International Peace and KAUST. The author of two New York Times bestsellers, he has been named one of Foreign Policy’s Top 100 Global Thinkers for four years in a row.

Commenting on the appointment, Dr El-Erian said, “Investcorp has a strong track record of over 35 years of being a bridge for Gulf capital investing in assets in the West.  While maintaining its Gulf roots, it has been transforming itself into a truly global alternative asset manager with an international client base, a broad range of products and some of the most talented people in the industry.  It is a privilege to have been invited to join its Advisory Board and I am excited about being part of the next stage of the Firm’s growth.”

Mohammed Alardhi, Executive Chairman of Investcorp, said: “It is an honour to welcome Mohamed onto our Advisory Board.  As one of the most respected voices on the international financial and economic stage, Mohamed brings with him unique insights that will benefit Investcorp as we deliver on our strategy to become one of the world’s leading global alternative investment firms.