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Manama, Bahrain: Newly formed private equity company Dividend Gate Capital (DGC) have appointed one of Bahrain’s most respected members of the banking and financial sector, Mr Talal Al Zain as the first Chairman of its Board of Directors.
“DGC is an exciting new private equity investment company for the Kingdom of Bahrain. It is an honour to be chosen, by a very accomplished board of directors, to be the first Chairman of DGC . This is the start of a journey that will create wealth not only in monetary terms but through expertise for all those involved in DGC. It is inspiring for all of us in DGC to be part of a vision that will create added value for the Kingdom’s small and medium enterprises by utilizing the practical commercial expertise and knowledge of experts who are either directly or indirectly part of DGC “comments Mr. Al Zain.
Mr. Al Zain is a graduate of Mercer University and an attendee of Harvard Business School’s Management Development Programme. The former CEO of Bahrain’s sovereign wealth fund Mumtalakat brings strategic insight into the investment potential within Bahrain’s SME’s. Mr. Al Zain’s illustrious career includes very senior positions held with PineBridge Investments, Investcorp, and Chase Manhattan Bank to mention a few.
DGC targets opportunities with businesses operating in sectors such as, Food & Beverages (F&B), construction services, industrial, e-commerce (IT) and financial technology (FinTech). This distinctive approach aims to build growth in these sectors for the equity group as well as the companies that they are working with.
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ABOUT DGC
DGC aims to prudently invest and build world–class businesses to generate and deliver consistent annual returns. By achieving its goals DGC will create a knowledge bank that will benefit the Kingdom of Bahrain’s goals in achieving Bahrainisation across the economic spectrum.
The fundamental resources of DGC are in their highly competent executive team that will provide management support and mentorship to the portfolio companies under DGC management. DGC leverages its network of key experts and advisers across GCC, Europe and United States, to provide added-value expertise on investment management and strategic planning to develop growth in the value of companies within its investment portfolio
ABOUT TALAL AL ZAIN
Mr. Talal AlZain is the founder and director of JisrCapital. Mr. Al Zain previously was the CEO of PineBridge Investments Middle East and a member of PineBridge’s Global Executive Committee and Co-Head of Global Alternative Investments. Prior to joining PineBridge Investments, he was a member of the founding board and the CEO of Bahrain Mumtalakat Holding Company, the sovereign wealth fund and investment arm for the Kingdom of Bahrain. Prior to Mumtalakat, Mr. Al Zain spent 18 years with Investcorp as Managing Director and Co-Head of Placement and Relationship Management. Before that he was Vice President of Private Banking International and Head of Investment Banking Middle East with the Chase Manhattan Bank, Geneva. Prior to that, he was a corporate banker with Citibank Corporate Banking Division Bahrain focused on trading & manufacturing. Mr. AlZain is a member of the Board of Directors of the Bahrain Islamic Bank and ALUBAF. He holds a Bachelor of Business Administration from Oglethorpe University as well as a Master of Business Administration in Finance from Mercer University, Atlanta. He attended the Management Development Program at Harvard Business School.
Mohamed Nedham Khonji is the Co-Founder and Managing Director of Dividend Gate Capital (DGC). Mohamed is a Bahraini entrepreneur and businessman established number of businesses in the gulf region and Europe. Mohamed is present at number of Boards such as BACHCO Industrial Consultancy Co., La Casa de MK Spain, PARUCO Construction Co., F&B Creations WLL and others. Prior to being an entrepreneur, Mohammed held several positions in his previous jobs, such as Executive Director in the investment team of Abu Dhabi Investment House.,
Khaled Al Hammadi is the Co-Founder and Chief Executive Officer of Dividend Gate Capital (DGC). Prior to founding DGC, Mr. Al Hammadi was Head of Placement at Audacia Capital, Vice President at Islamic Bank of Asia (IBA) based in Singapore and Assistant Vice President at Gulf International Bank (GIB). Additionally, Mr. Al Hammadi is present at number of boards mainly PARUCO Contracting, Juhood Pools Contracting, a member of Bahrain Family Business Association – Financial Resources and an advisor to the Kingdom of Bahrain Chamber of Commerce – Real Estate Sector.
For media enquiries, please contact:
Sarah Almoosa
Public Relations and Marketing Manager
North Star Associates
Manama, Bahrain
M: +973 34471864
salmoosa@northstarassociates.co.uk
Zainab Hussain
Public Relations and Marketing Executive
North Star Associates
Manama, Bahrain
M: +973 33314022
© Press Release 2018
