Gulf Central Merchant Bank (GCMB) has strengthened its Management Team with the addition of two new hires.
GCMB's CEO, Hakim Azaiez, confirmed that Amar Hami and Joynal Choudhury have joined the Merchant Bank as Head of Private Assets and Head of Real Estate respectively. Both will report to Chris Baker, Chief Operating Officer of the Bank.
Amar will be responsible for developing private asset classes for the bank to provide clients financing and investment solutions. Amar held senior roles at Terra Firma Capital Partners, Nomura, RBS and Merrill Lynch focussing on illiquid assets financing and investing.
Joynal will be responsible for building out the Bank's Real Estate strategy. The Bank's services include Corporate Advisory, Deal Structuring, Portfolio Acquisitions and Disposals and the Placement of Bond and Loan Transactions to the Bank's institutional client base. Joynal was previously Head of Real Estate at Gatehouse Bank.
Hakim added that the Bank's competitive edge lay in the fact that, "We bring our institutional investor base together with our property company clients to secure bond or loan transactions that benefit both parties and that is conducted in a regulated environment. Our specialist sectors include Build to Rent, Sale & Leasebacks and Commercial and Industrial Park Financing Structures."