Custom House Administration & Corporate Services Limited has hired Thomas J.B. Kelly as a consultant and representative of Custom House in the Middle East and North Africa (MENA) region.
With 15 years experience in the Gulf region, Kelly, 49, will market Custom House’s services to emerging and established hedge funds, fund-of-funds and private equity funds in the Middle East. He reports to Dermot Butler, Custom House chairman.
“The region is shaping up to be a substantial growth area for the hedge fund industry,” said Butler. “Having someone with Thomas’ experience and knowledge is a tremendous opportunity and development for Custom House.”
“With talented money managers looking to capitalize on booming equity and real estate markets, and record oil prices in the Gulf, we are seeing a groundswell of activity in the region,” said Kelly. “Custom House has proven ability to provide stellar service to start-ups, emerging managers, and established managers.”
Kelly has been working in Dubai and Bahrain for the past 11 years in the banking industry. He was most recently sales director, alternative fund services at HSBC Dubai, having been country head and representative for the Bank of Bermuda since 1997 in Bahrain. Kelly was a manager in foreign exchange sales for the Middle East at American Express Bank and the manager of financial engineering at Arab Banking Corporation in Bahrain. He is qualified as an associate of the Chartered Institute of Bankers.