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NBK Capital sets off an office in Turkey

NBK Capital, the investment and merchant banking subsidiary of National Bank of Kuwait (NBK) announced today the opening of an office in Turkey and the appointment of Mr. Ahmet Tataroglu as Country Manager of its new office in Istanbul.

This step is in line with NBK Capital's ongoing expansion across the Arabian Gulf and the Middle East.

The office in Istanbul marks the fourth regional operation for NBK Capital to open in less than a year of operations. Mr. Tataroglu joins a growing team of over forty professionals strategically located in NBK Capital's offices in Kuwait, Dubai International Financial Centre, UAE and Beirut, Lebanon.

"We are pleased to be opening NBK Capital's fourth office in Istanbul where we see tremendous growth opportunities in both M&A Advisory and Private Equity which is in line with our focused business approach. We believe that NBK Capital will be well positioned to provide clients in the Gulf and Middle East region with the very best financial advisory services in the market," said Mr. George Nasra, CEO and Board Member, NBK Capital.

"We are equally delighted to welcome Mr. Tataroglu to the NBK Capital team. His breadth of experience and knowledge in M&A Advisory, Privatization and Capital Markets with international consulting firms in Istanbul, will help to fuel NBK Capital's success as we seek to fulfill our mission to become the financial advisory firm of choice to business leaders and entrepreneurs seeking to build great and enduring companies across the GCC and Middle East," continued Nasra.

Prior to joining NBK Capital, Mr. Tataroglu held positions as Head of Corporate Finance at PricewaterhouseCoopers and as Senior Manager Corporate Finance at Ernst & Young working in Turkey and across the Eastern European markets where he worked on landmark advisory deals.

Mr. Tataroglu has a Bachelor of Science in Industrial Engineering from the Middle East Technical University (ODTU).
Mr. George Nasra, CEO and Board Member, NBK Capital. 
Mr. George Nasra, CEO and Board Member, NBK Capital.
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Notes and Media Contacts »

NBK Capital is the investment and merchant banking subsidiary of National Bank of Kuwait. Established in July, 2005, NBK Capital focuses on four principal lines of business which include financial advisory, debt and equity capital markets as well as private equity. NBK Capital's team of 40 professionals, are strategically located in NBK Capital's offices around the GCC and Middle East which include Kuwait, Dubai International Financial Centre, UAE, Beirut, Lebanon and Istanbul, Turkey. NBK Capital was named Best Debt House in Kuwait 2006 by Euromoney.

For further information please contact
Antoine Tayyar, Vice President Corporate Communications,
NBK Capital:

Dubai - Tel: (971) 4361 2082 - Fax: (971) 4361 2083
Kuwait - Tel: (965) 224 6925 - Fax: (965) 224 6905

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