Bank of America Merrill Lynch Global Research has formed a new combined Economics and Fixed Income Strategy Group for Emerging Europe, Middle East and Africa (Emerging EMEA) to provide clients with value-added investment insights and alpha-generating investment recommendations.

Economics and Fixed Income Strategy Group for Emerging EMEA will be led by David Hauner, currently head of Emerging EMEA Economics.

The new team comprises Mai Doan as Central Eastern Europe economist, Turker Hamzaoglu as chief Turkey, Middle East and North Africa economist, Matthew Sharratt as South Africa economist.

Additionally, the bank has also hired Jean-Michel Saliba as Middle East and North Africa economist; Arko Sen, as Emerging EMEA Fixed Income and FX strategist; and Ivan Tchakarov as chief Russia economist.

Mr Saliba will report to Mr Hamzaoglu. He joins with five years of experience in covering the Middle Eastern and North African economies, including at JP Morgan and Pantera Capital Management.

Mr Sen joins with seven years of experience in Emerging EMEA fixed income strategy, most recently at Barclays Capital and before that at Dresdner Kleinwort and Lehman Brothers.

Mr Tchakarov most recently served as the chief economist for Russia and the CIS at Nomura, and before that held the same role at Lehman Brothers. Prior to working at Lehman Brothers, he worked at the International Monetary Fund for four years.

Daniel Tenengauzer, head of global emerging markets economics and fixed income strategy, said: “The Emerging EMEA markets continue to grow in importance, and I am delighted to announce the build-out of our platform. With the additions of Mr Sen, Mr Tchakarov and Mr Saliba , we are strongly positioned to provide our clients with in-depth investment analyses and recommendations across the full spectrum of Emerging EMEA asset classes.”