Bahrain-based United International Bank (UIB), a Shari'a compliant investment bank said it has appointed Salman Al-Zayani as chief placement officer and treasurer and  Gavin Sasson as head of Post Acquisition Management.

Al-Zayani is an investment banker with over 29 years experience in institutional, corporate and individual client relationships in the Middle East.

Prior to joining UIB, Al-Zayani worked as head of Treasury Sales at Gulf International Bank where he was a member of the Asset and Liability Committee (ALCO).

He holds a BSc degree in Science, an Executive Management degree from the Wharton School of the University of Pennsylvania, USA and an ISMA Security License from Reading University, UK.
 
Sasson began his career with Schroders in London in the mid '80s where he was responsible for Eurobond, Convertible and Euro equity origination in North America.

He also worked on some of the UK's landmark privatisation issues. He moved to Asia in the early '90s, where he joined Société Générale's Asian Equity Corporate Finance group and was responsible for investment banking, M&A and ECM in South and South-East Asia.

Prior to joining UIB, Sasson focused on private equity and hedge fund advisory, advising on and executing transactions at all phases of the private equity investment cycle.
 
Abdulla Janahi, UIB general manager and acting CEO said: "These additions to our management team have come at a time when UIB continues to grow its investment portfolio. We are delighted to welcome the two seasoned veterans into our senior management team."

"We feel that the strong management team that we have in place is a strategic advantage. Salman and Gavin are widely respected in the financial services industry and we are thrilled about adding their expertise to the UIB team," Janahi added.- TradeArabia News Service