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Sunday, November 22 - 2009

United International Bank announces new additions to its management team

United International Bank (UIB), a Shari'a compliant investment bank headquartered in Bahrain, today announced the appointments of Mr. Salman Al-Zayani as Chief Placement Officer and Treasurer and Mr. Gavin Sasson as Head of Post Acquisition Management.

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  • Mr. Gavin Sasson - Head of Post Acquisition Management.
    Mr. Gavin Sasson - Head of Post Acquisition Management.
Mr. Al-Zayani is an investment banker with over 29 years experience in institutional, corporate and individual client relationships in the Middle East. Prior to joining UIB, he worked as Head of Treasury Sales at Gulf International Bank where he was a member of the Asset and Liability Committee (ALCO).

Mr. Al-Zayani holds a B.Sc. degree in Science, an Executive Management degree from the Wharton School of the University of Pennsylvania, USA and an ISMA Security License from Reading University, UK.

Mr. Sasson began his career with Schroders in London in the mid '80s where he was responsible for Eurobond, Convertible and Euro equity origination in North America. He also worked on some of the UK's landmark privatization issues. He moved to Asia in the early '90s, where he joined Société Générale's Asian Equity Corporate Finance group and was responsible for investment banking, M&A and ECM in South and South-East Asia. Prior to joining UIB, Mr. Sasson focused on private equity and hedge fund advisory, advising on and executing transactions at all phases of the private equity investment cycle.

Commenting on the new appointments, Mr. Abdulla Janahi, UIB General Manager and Acting Chief Executive Officer said:
"These additions to our management team have come at a time when UIB continues to grow its investment portfolio. We are delighted to welcome the two seasoned veterans into our senior management team."


"We feel that the strong management team that we have in place is a strategic advantage. Salman and Gavin are widely respected in the financial services industry and we are thrilled about adding their expertise to the UIB team", Mr. Janahi added.
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About UIB
Incorporated in 2006 in the Kingdom of Bahrain, United International Bank (UIB) is an investment bank licensed and regulated by the Central Bank of Bahrain, with a paid-up capital of US$ 291 million. UIB provides investment banking products and services in strict adherence to Islamic rules and principles. It is constantly exploring opportunities to develop new Shari'a compliant products with strong underlying assets and attractive returns for the Islamic investment market of the future.

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