GFH announces new organisational structure to align with business strategy

Notes and media contacts

About Gulf Finance House:
Founded in 1999, Gulf Finance House has grown rapidly to become one of the leading Islamic investment banks in the Middle East region in terms of the quality and innovation of its product offering. Over a decade, Gulf Finance House has successfully launched initiatives across economic infrastructure, venture capital, private equity and asset management with an aggregate end value exceeding $30bn. Its shares are actively traded on the London Stock Exchange (GDR), the Kuwait Stock Exchange, the Bahrain Stock Exchange and the Dubai Financial Market.

Reflecting its international reputation, Gulf Finance House has won numerous local and international awards, such as 'Best Investment Bank' for three years in a row in 2005, 2006 and 2007, awarded by The Banker Middle East, 'Bank of the Year 2006' awarded by the Arabian Business Magazine, 'MENA Investment Bank of the Year 2008' by Acquisitions Monthly, and 'Best Investment Bank 2008', by Islamic Banking and Finance; and 'Best Islamic Finance House' at the Banker Middle East Industry Awards 2009.

About Ted Pretty:
Ted Pretty joins Gulf Finance House from Macquarie Capital where he served as a Senior Managing Director and Executive Director since 2005. Over the past 28 years Mr. Pretty has established a reputation as leading international investment banker with proven experience across the telecommunications, media, infrastructure, industrial, energy and scientific industries. He has an impressive track record in deal origination and execution and extensive knowledge of both debt and equity structuring alongside the use of SPV's, Limited Partnerships and Fund Structures. Mr. Pretty has a strong appreciation of strategic and business plan development, particularly in relation to regulation, compliance and corporate governance. Further skills include the preparation and presentation of public company strategies and excellent relations with global analysts and fund managers.

His operational experience includes several senior positions with Telstra International including that of Managing Director where he was responsible for investments and operations outside Australia including the United Kingdom, United States and India. As a non-Executive Director he has served on both commercial and governmental Boards thanks to a recognized strength in strategic leadership. He has also served on numerous occasions at Board level including as Chairman of the Board and Audit Committee at Fujitsu Australia, a Board Member of BellSouth NZ (now Vodafone NZ) and as a Board Member at the Australian Nuclear Science and Technology Organization.


For further information, please contact:
Ahmed Al Derazi
PR-Corporate Communications Department
Tel: +973 17538538 Ext 274