The National Bank of Abu Dhabi (NBAD), a leading bank in the UAE, has appointed Yasser Geissah to the newly created position of head of Equity Capital Markets to oversee the bank’s operations in initial public offerings (IPO).

“The UAE’s IPO market is heading up and we foresee the preparation of the grounds for a number of public offerings in the near future. This is why we created the position of head of Equity Capital Markets and hired an exceptional banker to lead it,” says Nicholas Gilani, the co-head of NBAD’s Investment Banking Group.

“Yasser Geissah brings to NBAD his extensive experience in corporate finance and investment banking advisory. This will position NBAD well in equity capital markets.”

Geissah has been involved for over 18 years in executing a large number of public and private placements. Prior to joining NBAD, he served as chief executive officer of Manazel Real Estate, and CAPM Investment. He also held several senior executive positions with investment and financial institutions in the UAE, including Abu Dhabi Investment Company and The National Investor.

“Investors globally are becoming increasingly interested in the UAE companies given their valuation and investors’ renewed appetite. As a result, there will be a flurry of IPOs in the coming months,” said Geissah. “This is why I am very excited for this opportunity and most particularly for the chance to work for NBAD, which is in greatly positioned to be a leader in the IPO market.”

Yasser holds a Master of Science in Management from North Carolina State University and a Bachelor of Science in Management from Ain Shams University, Egypt. – TradeArabia News Service