Mr Jaffer is a Partner and the Head of International Business Development for “white label” bancassurance and investment services within the FWU Group, an independent financial services group headquartered in Munich. The Group’s main activities include asset management, bancassurance and individual pension plans. Successfully concluded several important bancassurance distribution deals with major banks in the GCC and the Far East. The Group’s international network includes Luxembourg, Italy, UAE and Malaysia.

From June 1998 until June 1999 he was Senior Vice President within the International Mutual Funds Group of Scudder, Stevens and Clark Ltd, based in London and responsible for international product development in Europe and Japan.

From January 1989 until May 1998 Mr Jaffer was Vice President with Citibank London. He was with the Financial Institutions Group responsible for structured products including alternative investments until 1996 and later joined Citibank’s Alternative Investment Strategies (AIS) Group. He was a Regional Director and his responsibilities included international business development and asset gathering from institutional investors in Europe and the Middle East region. He was also a member of Citi’s Hedge Funds Policy and Strategy Committee involved in hedge fund manager selection and due diligence.

Mr Jaffer was an Audit Partner with the Price Waterhouse practice in Africa from July 1984 until September 1988. Mr Jaffer is a UK qualified Certified accountant (FCCA).

 Mr Jaffer is currently a Council member of the Alternative Investment Management Association (AIMA) and past Chairman for the period 1997 to 2000. He has written extensively on alternative investments and has edited several Euromoney publications on Hedge Funds, Multimanager and Islamic Banking, Asset Management and Insurance and the CPI publication on Investing in the GCC Markets. He is also a member of ALFI’s Asset Management Advisory Committee and of their Hedge Fund Committee. ALFI is the Association of the Luxembourg Funds Industry.