Dubai – Mubasher: Al Ramz Corporation Investment and Development has launched its investment management services division, which will be headed by the newly appointed Chief Investment Officer Shehzad Janab.

Al Ramz has recently completed its maiden rights issue for raising the capital to AED 549.92 million, the company said in a bourse statement issued on Monday.

The newly appointed Janab's most recent position was at Daman Investments where he chaired the asset management and advisory division, the statement noted.