Tuesday, 11 November 2011

Zaid Ghoul, will join Rasmala Investment Bank on December 1, 2011 as Head of Investment Banking.

Zaid comes to Rasmala from PwC where he was a Partner focusing on Corporate Finance and Business Recovery Services.

Zaid is a Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA) with over 20 years of extensive experience in the areas of corporate finance and business restructuring.

Zaid began his career with Arthur Andersen in early 1991, and joined Ernst & Young in 2001 following the integration of Andersen Middle East operations into Ernst & Young where he was the Director for Corporate Finance and Lead Advisory Middle East Practice. During his time with Andersen/E&Y, Zaid managed regional and international relationships and advised on complex strategic corporate finance, privatization and restructuring transactions that helped clients grow, turnaround, finance and/or realize cash from their investments.

Zaid left Ernst & Young in mid 2004 and joined the investment arm of a regional conglomerate in UAE as the Chief Investment Officer where he had direct responsibility to oversee an investment portfolio of US$1 billion. Following that, Zaid joined a UAE based publically listed real estate company, as the Chief Financial Officer where he led the development and implementation of its strategy, and was instrumental in restructuring its internal operations, adding more than US$2 billion of debt to its capital structure, and promoting its business inside and outside the UAE through extensive road shows that attracted foreign institutional shareholders and helped diversify the company’s shareholders base. Following the Global Financial Crisis, Zaid led the effort to restructure more than US$1 billion of that company’s debt.

About Rasmala

Rasmala is a leading regional investment banking group with offices in UAE, Saudi Arabia, Oman and Egypt. It is one of the first regional investment banks to be DFSA licensed. It provides investors and partners with access to deal flow and business insights across key MENA markets and is led by an experienced management team that combines global as well as regional expertise with strong track record of success in areas of investment banking, asset management, brokerage and research.