Ahmed Al Noaimi appointed Head of Real Estate Investments at Global Banking Corporation

Mr Al Noaimi brings to GBCORP his considerable knowledge and extensive experience of the regional markets, key factors that led to his appointment.

This announcement comes shortly after the recent appointments of Stuart Winwood as Chief Operating Officer and Mr. Amer Arif as Head of Wealth Management and Investment Placement further strengthening its corporate team.

Mr. Al Noaimi brings to GBCORP a wealth of industry expertise and knowledge gained from over 18 years of working with leading regional financial institutions and governmental agencies such as Bank of Bahrain and Kuwait, and General Organization of Pension Fund.

GBCORP has been conceived with the aim of offering highly-differentiated and quality value-driven investment products and services. Mr. Al Noaimi in his new capacity will help contribute effectively towards this endeavour through real estate investment, project initiation, and project management.

Commenting on the appointment, Mr. A Mark Hanson, the Chief Executive of GBCORP, said: "Ahmed's strong background in investment combined with his skill set in developing real estate projects makes him a valuable addition to the management team. At a juncture wherein GBCORP is poised for significant expansion, it was vital we appointed an industry veteran with vast and robust experience. We are excited to have him on board and are confident that he will contribute significantly to the aggressive yet structured growth of GBCORP."

Prior to joining GBCORP, Mr. Al Noaimi was Head of the Investment Department at General Organization of Pension Funds. He was also a board member of both the Bahrain Development Bank and Bahrain Commercial Facility Company.

Mr. Al Noaimi holds a Bachelor Degree of Business Administration from Aquinas College in the USA.