Manama, Bahrain – November 16, 2016: GFH, the Bahrain based financial group, today announced the appointment of Mr. Hammad Younas as Head of Investment Management. In this capacity, Mr. Younas will manage the overall investment business of the bank including Asset Management, Private Equity and Corporate Investments.

Mr. Younas brings to his role at GFH more than 18 years of experience in Islamic and conventional investment banking, commercial banking, asset management, private equity, real estate and hospitality. He has extensive experience in advising numerous public and private sector entities, including a number of financial institutions on a wide variety of regional and cross border transactions in the MENA region, US, Europe and South Asia as well as on matters relating to Islamic and conventional Financial Services sector strategy, market entry, capital raising, investments, mergers, acquisitions, divestitures, restructurings and return optimization.

Most recently Mr. Younas spent 13 years at EY, where he served as CEO of EY Corporate Finance, Bahrain as well as a Partner and Transaction Advisory Services Leader, Bahrain. Mr. Younas holds a CFA from the CFA Institute in the US, an ACA from the Institute of Chartered Accountants of Pakistan and an ACCA from the Association of Chartered Certified Accountants of the UK.

Commenting on the appointment, Mr. Hisham Al Rayes, CEO of GFH, said, “We are delighted to welcome Hammad to the Group’s senior management team. He has deep Islamic banking roots, coupled with extensive structuring and transaction experience, which positions him well to play a key role in further shaping and implementing the Group’s strategy and effectively managing and developing unique, new investments. Importantly, Hammad also brings to GFH the benefit of his strong relationships with family businesses, governments and blue-chip corporates including sovereign wealth funds, regional and international financial institutions, which will be critical in allowing us to continue growing our client and investor base but also in the expansion of the universe of organisations with which we can transact and partner.”

Mr. Younas commented, “I’m delighted to join GFH at this exciting time of continued growth, progress and diversification at the Group. GFH is among the longest standing Islamic investment groups in the region and an industry pioneer. Working together with the Group’s strong leadership team, I look forward to supporting in the further expansion of GFH’s investment portfolio and its presence in regional and global markets.”

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About GFH Financial Group:

GFH is one of the most recognized financial groups in the gulf region that includes: Asset Management, Wealth Management, Commercial Banking and Real Estate Development. The group operations are focused in the GCC, North Africa and India. GFH is listed in Bahrain Bourse, Kuwait Stock Exchange and Dubai Financial Market.

For further information about GFH, please visit: www.gfh.com

For more information please contact:
Nawal Al-Naji- Senior Officer
Corporate Communications Department
GFH Financial Group B.S.C.
Tel: +973 17538538
Email: nalnaji@gfh.com