NBO Hosts Virtual Event With Principal Global Investors To Discuss Economic Impact of Us Elections

Continuing to raise awareness on topics that affect the global finance industry, National Bank of Oman (NBO) and Principal Global Investors (PGI) teamed up for an exclusive online conference to discuss the economic impact of the upcoming US Presidential elections. Led by PGI’s Chief Strategist, Seema Shah, the hour-long Web-Ex event offered an expert’s viewpoint on the expectations of the highly-anticipated elections, whose results may potentially affect financial markets, foreign and trade policies across the world.

Yaseen Hassan Al Lawati, Head of Investment Banking Division at NBO, said, “Our vision is to be the bank of choice and as such, our approach to customer relationship management centres on how we can add value to their lives beyond financial products and services. Since COVID-19, we have conducted several online events that provide unique opportunities for knowledge exchange, helping our customers and stakeholders to meet their financial goals. There is high anticipation surrounding the US presidential elections all over the world and, in the past, markets have reacted to varying degrees. So this event was a timely one, offering participants valuable insight into the potential implications and allowing them to consider their investment decisions accordingly.”

The conference discussed several key topics including the historical perspective on US elections, short-term and long-term impact on financial markets, expected policy changes in case of change in leadership and trade tariff wars and the USA’s relationship with China going forward. As Chief Strategist at London-based Principal Global Investors, Seema Shah oversees global market strategy and advises investment staff across the firm in making economically sound asset allocation calls. She is responsible for the creation of global economic macro and secular event research, closely monitoring global central bank policy and political developments. Seema is a regular participant in conferences and forums speaking about global macro market issues. She is frequently quoted by the financial news media and appears regularly on CNBC and Bloomberg TV. She received a master's degree and bachelor's degree with honours in economics from the London School of Economics.

Cementing itself as a thought-leader in Oman, NBO has organised a line-up of similar events on a wide range of topics from post-COVID-19 economic scenarios to bond markets and real estate, aiming to support its clients’ financial decision-making. Through such initiatives, the bank aims to promote knowledge dissemination throughout the industry and contribute to the continued development of the Sultanate’s economy.