Awad Advisory Announces Move to DIFC and Rebranding as Awad Capital
Released on: March 14, 2015, 6:06 pm
Today Awad Advisory announced that it has received final approval from the Dubai Financial Services Authority to operate a category 4 licensed firm in the Dubai International Financial Centre. The firm is rebranding as Awad Capital Ltd. and has relocated its offices to Emirates Financial Towers. The move also marks the second year anniversary of Awad Advisory’s operations.
Dubai, UAE, March 14, 2015 -- /EPR NETWORK/ -- The firm also announced the formation of an Advisory Board that will support the management team in its growth plans. The Advisory Board is chaired by Dr Nasser Saidi and comprises Mr. Khamis Buharoon and Mr. Khalid Al Mannaei from the UAE, Mr. Fred Aubin from Canada and Mr. Omar Al Madhi from Saudi Arabia.
The firm offers a broad range of strategic financial advisory services including: Sell-Side and Buy-side Mergers and Acquisitions Advisory, Corporate Finance Advisory, IPO and Debt Advisory, and Investment Advisory services.
Ziad Awad, CEO of Awad Capital, said: “We are pleased to be moving to the DIFC, which we see as the financial hub of a very broad region. We see ongoing growth in the regional financial markets and strong demand from our clients for personalized customer services over the very long term."
Mr. Andrew Gazitua, formerly Head of Corporate and Investment Banking for Central and Eastern Europe, Middle East and Africa at Bank America Merrill Lynch has agreed to join the Board of Awad Advisory as the Senior Independent Director. Mr. Gazitua, who sits on a number of other banking boards, said: “I see significant interest by Middle Eastern clients in cross border opportunities in the Emerging Markets and I look forward to supporting the Awad Capital team in developing these prospects”. Dr. Nasser Saidi, Chairman of the Awad Capital Advisory Board, said: “Given the rapid economic development of the region, there is a growing need for financial advisory services by institutions of all sizes and geographies. We look forward to actively supporting the financial growth of the region and contribute to the development of the local and regional capital markets"
About Awad Capital:
Awad Capital Ltd. (ACL) is an independent, DIFC based, DFSA regulated financial services firm focusing on M&A, Corporate Finance and the Capital Markets. The firm’s Vision is to be the Trusted Strategic Financial Advisors to the senior leadership of the best institutions in the region. The firm’s founder, Ziad Awad, has more than 20 years of investment banking experience including with Goldman Sachs, Merrill Lynch and Bank of America in Paris, London and Dubai. The CFO and Head of Corporate Finance is Jag Singh Kang and he comes with more than 17 years of experience with PWC, E&Y and in private equity. Mr. Andrew Gazitua, Senior Independent Director, has more than 25 years of investment banking experience with DLJ, Credit Suisse, Merrill Lynch and Bank of America. Dr. Nasser Saidi, Chairman of the Advisory Board, is a champion of regional capital markets development and corporate governance. He has an illustrious career in the private and public sector, including having served as Vice-Governor of the Central Bank of Lebanon, Minister of Economy, Trade and Industry of Lebanon and founder of the DIFC institute of Corporate Governance.
Emirates Financial Towers South Tower
DIFC, PO BOX 506959