21 March 2016
JEDDAH--HSBC Saudi Arabia Limited announced the appointment of Faris AlGhannam as Head of Investment Banking Advisory (IBA), covering Merger and Acquisitions (M&As), Initial Public Offerings (IPOs) and other equity capital market businesses of HSBC in Saudi Arabia.

The appointment comes as part of HSBC Saudi Arabia Limited's ongoing reinforcement of its management team in the Kingdom. Faris has extensive experience in investment banking in Saudi Arabia and internationally, including several years of experience in investment banking in London M&As and IPOs in the last few years with HSBC Saudi Arabia Limited.

Over the last two years, HSBC Saudi Arabia Limited has maintained its top position in IPOs and M&As in the Kingdom, including successfully closing 4 public offerings and IPOs and 6 public and private M&A deals.

HSBC Saudi Arabia Limited's leading role in investment banking has been consistently recognized by the market, including winning several awards as the leading IPO and M&A advisor in the Kingdom.

© The Saudi Gazette 2016