Abraaj Capital, the premier investment firm specialising in private equity investment in the Middle East, North Africa and South Asia (Menasa) region, has appointed new executive directors for Egypt and Turkey.

Yaser Gamali, who will head the country office in Egypt, and Selcuk Yorgancioglu, who will head the Turkey country office, will oversee Abraaj Capital’s activities in their respective markets.

“On behalf of Abraaj Capital, I am delighted to welcome Yaser and Selcuk to the firm at this crucial moment in our ongoing growth and geographic expansion,” said vice-chairman and group CEO, Abraaj Capital, Arif Naqvi.

Prior to joining Abraaj Capital, Gamali served as executive chairman and country director in Egypt for Majid Al Futtaim Group, overseeing financial, property and retail businesses.

Prior to joining Abraaj Capital Yorgancioglu served as CEO and head of corporate and Investment Banking at Deutsche Bank, Turkey. Prior to returning to Turkey, Yorgancioglu served for seven years at Deutsche Bank in London, as a senior member of the emerging markets investment banking team focusing on Turkey, Emerging Europe, Russia and the CIS. – TradeArabia News Service