Dubai fans sad
By Emiliya Mychasuk
Published: March 12 2008 02:00 | Last updated: March 12 2008 02:00
The phone had barely gone cold on the Liverpool Football Club investor rejection of a bid approach from Dubai International Capital than there was news that the 41-year-old head of the DIC emerging markets division had quit.Although Rabih Khoury is a Liverpool fan who has been photographed at matches with Sameer al-Ansari , the UK-educated DIC chief executive, the firm denied Mr Khoury’s departure was related to the blocked sale. Under Sameer al-Ansari, the firm owned by Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum, with assets of $13bn (£6bn), has invested in HSBC via its global strategic equities fund.DIC said Mr Khoury was leaving “with mutual consent” to pursue other interests, and Anand Krishnan, chief operating officer, would fill his role on an interim basis.
Copyright The Financial Times Limited 2008