Zurich, 29th April 2015 - The Extraordinary General Meeting of Falcon Private Bank has re-appointed Mohamed Badawy Al-Husseiny as member of the Board of Directors of Falcon Private Bank with immediate effect.

Mohamed Badawy Al-Husseiny will replace James Sullivan, who has resigned from IPIC and from the Board of Directors of Falcon Private Bank. Mohamed Badawy Al-Husseiny is the CEO of Aabar Investments and has been Member of the Board of Directors of the Bank between 2009 and 2013.

Murtadha Al Hashmi, Chairman of the Board and Eduardo Leemann, CEO of Falcon Private Bank jointly commented: "We are delighted to welcome Mohamed Badawy Al-Husseiny back to our board and are convinced that he will play an important role for the future growth plans of the bank."

The Board of Directors of Falcon Private Bank consists of Murtadha M. Al Hashmi (Chairman), Lennart Blecher, Christian Wenger, Walter Berchtold and Mohamed Badawy Al-Husseiny.

Falcon Private Bank is a Swiss private banking boutique with 50 years of expertise in wealth management. We provide first-class financial services to private clients and wealthy families from our headquarters in Zurich and our branches and representative offices in Geneva, London, Singapore, Abu Dhabi and Dubai. Our clients benefit from an excellent investment competence, a unique access to opportunities in emerging markets, as well as from our financial strength and stability, which results from our Swiss heritage and our government-owned shareholder. www.falconprivatebank.com.

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© Press Release 2015