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Gulf International Bank (GIB) is pleased to announce the appointment of Mr. Osamah Mohammed Shaker as the new Chief Executive Officer of GIB Capital LLC, a wholly owned subsidiary of GIB, effective since 29 June 2016.
Mr. Shaker comes with substantial banking experience in both international and domestic financial institutions within the Kingdom of Saudi Arabia. Most recently, Mr. Shaker held the position of Director General of Banking Control overseeing and regulating all the commercial banks in Saudi Arabia and Senior Advisor to the Deputy Governor for Supervision at the Saudi Arabian Monetary Agency (SAMA).
Prior to that, Mr. Shaker gained over 16 years of banking and investment experience in the Kingdom with the Saudi British Bank and HSBC Saudi Arabia. During his time at HSBC Saudi Arabia, Mr. Shaker held executive level positions as Managing Director - Head of Investments, and subsequently Managing Director - Head of Financial Markets.
GIB's Chief Executive Officer, Mr. Abdulaziz A. Al-Helaissi, commented on the appointment, saying: "I am delighted to welcome Osamah to GIB. We are fortunate to have a man of his experience lead our investment banking services. He will play a pivotal role in realising GIB Capital's strategic development."
Mr. Shaker is a holder of a Bachelor of Administrative Sciences Degree in Quantitative Methods from King Saud University, Riyadh and a Master of Science Degree in Statistics from Colorado State University, Fort Collins, Colorado, USA. Mr. Shaker also worked at the Institute of Public Administration, teaching statistics and providing statistical consultation.
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About
GIB Capital is a wholly-owned subsidiary of GIB. With more than 10 years of experience in the investment banking services, GIB through GIB Capital continues to offer a comprehensive range of investment banking products and services which are designed to provide innovative, customised financial and investment solutions for clients. GIB Capital provides a full spectrum of investment banking services including equity placements (initial public offerings and private placements), mergers, disposals and acquisitions, privatisations, debt capital market products and services, strategic debt advisory and asset management.
GIB is owned by the six Gulf Cooperation Council countries. Saudi Arabia's Public Investment Fund owns 97.2% of GIB.
Gulf International Bank (GIB) is a pan-GCC universal bank that specializes in corporate and investment banking and has a growing retail footprint. In addition to its main subsidiaries, London-based Gulf International Bank (UK) Ltd., and Riyadh-based GIB Capital LLC, it has branches in London, New York, Abu Dhabi, Dhahran, Riyadh and Jeddah with representative offices in Dubai and Beirut.
For more information, please contact:
Corporate Communications Department
Gulf International Bank
Telephone : +973 1752 2590
Email : pressenquiry@gib.com
© Press Release 2016
