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GFH Capital appoints new senior executive officer

DUBAI, November 29, 2016

GFH Capital, a fully owned subsidiary of Bahrain based GFH Financial Group, has appointed  Luay Ahmadi as its senior executive officer to lead the Dubai-based investment bank.

In his new role, Ahmadi will take charge of the bank’s operations and will be focused on further expanding its investment reach and portfolio across existing and new sectors and geographies.

Ahmadi is a senior Islamic financial investment professional with nearly two decades of experience across the GCC with the industry’s leading Islamic and conventional institutions as well as key roles with top-tier international banks. His areas of expertise include private banking and wealth management as well as private equity, GFH Capital said.

He joins GFH Capital from Emirates NBD, where he was most recently managing director and head of the Northern Gulf based out of Dubai from December 2014 after having served as the bank’s managing director and head of private banking in Riyadh from October 2012. Prior to that, Ahmadi was a founding partner and chief marketing officer at Bahrain-based Energy Capital Group, a private equity firm focused on investments in the regional and global oil and gas sector. Previously, he held other senior roles at Unicorn Investment Bank, Deutsche Bank, NORIBA/UBS and Citibank in Bahrain with broader regional remits.

Hisham Al Rayes, managing director of GFH Capital, said: "We are delighted to welcome Luay to GFH Capital at this exciting time of growth and further diversification for the Group. GFH Capital has already established a strong portfolio of regional and global investments in industries such as education, healthcare and real estate, among others, and Luay’s deep experience in wealth management and private equity will enhance our ability to continue to effectively identify, structure and manage new and existing investments. With a strengthened team, we look forward to delivering even greater value and opportunity in the periods ahead for our shareholders and investors.” – TradeArabia News Service




Tags: Dubai | investment | GFH | Ahmadi |

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