Ocorian picks Karuthasen 10 February 2024Dubai Reporter: Clelia Frondaroli
Image: Ocorian
Ocorian has selected Veena Karuthasen as head of Bovill Newgate in Dubai.
This appointment comes with the launch of Bovill Newgate in the Middle East, after the company was acquired by Ocorian in February 2024. The expansion into the region is said to mark an important step with helping new clients to navigate evolving regulations within asset management.
Bringing over 15 years of experience to the role, Karuthasen will be overseeing Bovill Newgate's operation in the Middle East. She joins the company from the National Bank of Fujairah, where she served as the head of business advisory, compliance.
Commenting on her new role, Karuthasen says: "I’m excited to launch Bovill Newgate’s presence as a regulatory and compliance provider across the Middle East. I look forward to partnering with our global team to help our clients achieve their strategic ambitions.”
Rebecca Thorpe, global head of regulatory consulting at Bovill Newgate, adds: "Veena’s expertise will be invaluable in supporting clients in the Middle East as they navigate increasingly complex regulatory environments. Her leadership will ensure we continue to deliver solutions that unlock value."
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Image: Ocorian 