Awad Capital Comments on Advisory Board Formation

3/1/2015

Today Awad Capital announced that, as part of its move to DIFC, an Advisory Board has been formed to assist the company in its growth strategy. The Board is chaired by Dr Nasser Saidi and includes Mr Khamis Buharoon and Mr Khaled Al Mannaei, who are both from the UAE, Mr Fred Aubin from Canada and Mr Omar Al Madhi from Saudi Arabia. The board members will work closely amongst themselves and with senior management on a number of important aspects of the business, including :

  • Assisting in the company's strategy definition and refinement
  • Providing industry expertise in support of client engagements
  • Connecting sources of capital with investment opportunities

In addition, and in keeping with corporate governance best practice, Mr Andrew Gazitua has accepted to join the Board of Awad Capital Ltd. as the Senior Independent Director. 

Ziad Awad, CEO of Awad Capital, said: "We are very fortunate to have such a distinguished group of senior professionals on board. Working together as a team, we will be able to deliver superior advice and connectivity to our clients. Thanks to our Board and Advisory Board members, we have direct access to both capital and opportunities across the Middle East, Africa, Europe and North America."

About Awad Capital:

Awad Capital Ltd. (ACL) is an independent, DIFC based, DFSA regulated, financial services firm focusing on M&A, Corporate Finance and the Capital Markets. The firm’s Vision is to be the Trusted Strategic Financial Advisors to the senior leadership of the best institutions in the region. The firm’s founder, Ziad Awad, has more than 20 years of investment banking experience including with Goldman Sachs, Merrill Lynch and Bank of America in Paris, London and Dubai. The CFO and Head of Corporate Finance is Jag Singh Kang and he comes with more than 17 years of experience with PWC, E&Y and in private equity. Mr. Andrew Gazitua, Senior Independent Director, has more than 25 years of investment banking experience with DLJ, Credit Suisse, Merrill Lynch and Bank of America. Dr. Nasser Saidi, Chairman of the Advisory Board, is a champion of regional capital markets development and corporate governance. He has an illustrious career in the private and public sector, including having served as Vice-Governor of the Central Bank of Lebanon, Minister of Economy, Trade and Industry of Lebanon and founder of the DIFC institute of Corporate Governance.