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09 March, 2014

GFH Capital appoints Jinesh Patel to lead bank's next phase of growth

Dubai - 09 March 2014: GFH Capital, a fully owned subsidiary of Bahrain based Gulf Finance House, today announced the appointment of Jinesh Patel as its Senior Executive Officer to lead the Dubai based investment bank. In his new role, Mr. Patel has been tasked with further building and growing the business with the backing and support of its parent bank in Bahrain.

GFH Capital appoints Jinesh Patel to lead bank's next phase of growth
Continues to strengthen ability to deliver pioneering investment opportunities


Dubai - 09 March 2014: GFH Capital, a fully owned subsidiary of Bahrain based Gulf Finance House, today announced the appointment of Jinesh Patel as its Senior Executive Officer to lead the Dubai based investment bank. In his new role, Mr. Patel has been tasked with further building and growing the business with the backing and support of its parent bank in Bahrain.

Mr. Patel is a senior business professional with almost two decades of international experience in the financial services arena spanning Europe, the Middle East and Asia and brings to his role extensive experience in originating, structuring and executing private equity, debt and capital market transactions.

Commenting on the appointment, Mr. Hisham Al Rayes, Managing Director of GFH Capital and CEO of Gulf Finance House, said, "We are delighted to have Jinesh on board at GFH Capital and to welcome him back into the GFH family after a three year absence. Having previously been the Group Head of Strategy and Investment Banking at our parent in Bahrain, he has a firm understanding of our business. Furthermore, he has the right combination of professional and entrepreneurial skills and an in-depth understanding of investment banking, governance and risk. We are confident in his ability to build on the strong foundations we have set and to lead GFH Capital into its next stage of development and growth."

"I'm extremely pleased to join GFH Capital," added Mr. Patel."This is an exciting time for the firm and I look forward to building on and contributing to the development of the kind of pioneering investment opportunities that have become the hallmark of the GFH Capital brand."

Prior to joining GFH Capital, Mr. Patel was the Chief Financial Officer of Ammalay Commodities - Dubai. Previously he worked with GFH Bahrain between 2007 and 2011, where he served as Group Head of Strategy and Investment Banking before being appointed as CEO of the Bank's Indian development project. Mr. Patel began his career in London as a regulator at the Financial Services Authority (FSA) before joining PwC in London as a Banking and Capital Markets specialist. He holds an MBA from the University of Brighton and BA (Hons) in Business Economics  
and Finance.

About GFH Capital Limited
GFH Capital, formerly known as G Capital, is a Dubai based investment bank and fund manager, providing capital and strategic support for growth companies. With a 10-year track record of top-performing investments and fund management, GFH Capital was one of the region's longest-established private equity firms and one of the first to be licensed by the Dubai Financial Services Authority.

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GFH Capital has undertaken and structured investments of more than USD 3 billion in over 40 companies and across 25 countries. The company has managed healthcare, technology, media, telecommunications (TMT) funds and financial institutions and is a regional leader and is a globally recognised participant in Technology and Health Care investment. It was commended by the International Chamber of Commerce (ICC), the foremost international business organisation, for incorporating and upholding strong principles of corporate governance.

GFH Capital attracts funds from the Dubai Islamic Bank, the World Bank, GE, the Islamic Development Bank and regional investors including Gulf Finance House, SEDCO and several high net-worth individuals. GFH Capital is a 100% subsidiary of Gulf Finance House.

For further information please contact:  
Media Relations
Tel: +97143651500
Email: media@gfh-capital.com
Website: www.gfh-capital.com

For media enquiries, please contact:
FinMark Communications
GCC/Budoor Alaradi   
Tel: 0097339472217  
balaradi@finmarkcoms.com

© Press Release 2014