Tuesday, 20 March 2012

Temasek hires Rothschild's top M.East energy banker - source | Reuters

Singapore state investor Temasek Holdings has hired Rothschild's top Middle East energy banker, Khodor Mattar, as it aims to beef up its oil and gas investments, a source familiar with the matter said.

Mattar, who currently heads the advisory firm's Mideast and North Africa energy business in Dubai, has worked at Rothschild for 14 years. He moved from London in 2007 to advise on energy-related transactions.

At Temasek, Mattar will be part of the team responsible for investments in energy and resources sector, the source said speaking on condition of anonymity. Temasek's investments in the sector accounted for just 3 percent of its portfolio at the end of March 2011, compared with 36 percent for financial services.

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