Mr. al Shihabi the founder of Rasmala has held the post of Chief Executive Officer since the inception of Rasmala.
The Board also announced the appointment of Mr. Tamer Bazzari as the Chief Executive Officer and Mr. David Woods as the Chief Operating Officer of Rasmala.
Mr. Bazzari previously held the post of Deputy Chief Executive Officer having also served as the Head of Investment Banking and as the Chief Financial Officer of Rasmala.
Mr. Woods comes to Rasmala having previously held the position of Chief Operating Officer of ABN-AMRO (Middle East).
Prior to this he held the positions of Chief Executive Officer of ABN-AMRO Securities (USA) and Chief Executive Officer of Alfred Berg Securities, a leading securities firm in Scandinavia.
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Rasmala makes executive appointments
- United Arab Emirates: Tuesday, June 16 - 2009 at 13:26
The Board of Directors of Rasmala Investments announced today the appointment of Mr. Ali al Shihabi as the Executive Chairman of the Board.
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About Rasmala:Rasmala is a leading regional Investment Banking firm, headquartered in the Dubai International Financial Centre (DIFC), with regulated subsidiaries in the UAE, Saudi Arabia, Egypt and Oman. With $1.2bn of assets under management, Rasmala's core business activities include Private Equity, Asset Management, Corporate Finance and Brokerage.
For more information, please contact:
Maha Masri
Head of Corporate Communications
Tel: +971 4 363 5600
or
Arpana Bhandari
Hill and Knowlton
Junior Account Executive
Tel: +971 4 334 4930
Rana MesbahTuesday, June 16 - 2009 at 13:26 UAE local time (GMT+4)
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