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Wells Fargo Names Umair Naqvi Head of Sovereign Wealth Fund Coverage Group
Industry veteran to lead company’s SWF coverage

ME Newswire / Business Wire

Dubai, United Arab Emirates - Wednesday, July 17th 2013

The Wells Fargo International Group, part of Wells Fargo & Company (NYSE: WFC), announced today that Umair Naqvi has been appointed head of its Sovereign Wealth Fund (SWF) coverage group. In his role, Naqvi will manage and provide sector expertise for a targeted portfolio of SWFs and sovereign entities. He will lead relationship efforts and develop a proactive strategy for the SWF sector, working closely with other Wells Fargo business lines. Based in Dubai, he will report to Jafar Amin, head of Wells Fargo’s International Non-Bank Financial Institutions business, part of the company’s Global Financial Institutions business.

"Umair brings invaluable knowledge and industry experience to this role,” said Amin. "His leadership and relationship management will be a tremendous asset to Wells Fargo as we continue to strengthen our international platform to better serve the global and diverse needs of our customers.”

Naqvi has more than 12 years of experience working with SWFs, public sector, corporate and institutional clients. Prior to joining Wells Fargo, he was an executive director at Morgan Stanley for Middle East and North Africa (MENA). He also served in various product and coverage roles at BNP Paribas and Credit Suisse First Boston, covering European, MENA and South Asian companies. He has a Joint Honors degree in Economics and Statistics from University College London and an MPhil in Finance from the University of Cambridge.

Wells Fargo’s International Group provides small businesses, corporations, financial institutions, and multilateral organizations with a wide range of international solutions from more than 35 global locations, including branches in Cayman Islands, Dubai International Financial Center (DIFC), Hong Kong, London, Seoul, Shanghai, Singapore, Taipei, Tokyo and Toronto.

About Wells Fargo & Company

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, and the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 275,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

Contacts

Wells Fargo & Company

Kathryn Ellis, 1-415-222-3767 (Media)

kathryn.d.ellis@wellsfargo.com
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