Shuaa Capital, a leading financial services institution in the GCC, has appointed Steffen Schubert and  John Blanthorne to the board of directors of its wholly owned lending business, Gulf Finance Corporation (GFC).

Sheikh Maktoum Hasher Al Maktoum, executive chairman of Shuaa Capital and chairman of Gulf Finance said: “These board appointments bring significant international board room experience as well as a deep understanding of building out financial services businesses in both developed and emerging markets.  Their advice will be invaluable as we institutionalize GFC in anticipation of its expansion.”

Schubert is a chartered director of the Institute of Directors (IOD) in the UK and serves as a non-executive director on multiple boards throughout Europe and the Middle East. Previously, Schubert was the CEO of the Dubai International Financial Exchange.

John Blanthorne is an experienced international financial services expert, having completed 35 years with HSBC Bank throughout Europe, the Middle East, Asia and the Pacific region. He is currently a director of two banks in East Africa.

The board also includes Dr Sabah Al-Binali, Vice Chairman; and Hesham Al Qassim (member). – TradeArabia News Service