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GFH Forms New Investment Banking Division; Appoints Group Deputy CEO
DUBAI — Gulf Finance House, or GFH, a leading Middle Eastern Islamic investment bank, announced that its board has appointed Ted Pretty as Group Deputy CEO of the bank.
“As part of our plan to build a broad and highly experienced management team, the board is pleased to announce the appointment of Ted Pretty as Group Deputy CEO, Dr Esam Janahi, chairman of the bank said.
“Ted joined GFH in October from his prior role as Executive Director of Macquarie Capital. His background in investment banking and his board-level and senior executive experience ensure that he is ideally qualified for this position. Even at this early stage with GFH, Ted has demonstrated real leadership qualities and I am happy he is now able to contribute to the group in this enhanced role.”
Meanwhile, GFH Group CEO, Ahmed Fahour, announced the formation of its new integrated investment banking platform called GFH Capital, which Ted will oversee as part of his new role. “In his short time with GFH Ted has demonstrated his ability to lead and motivate our teams to build a new platform for growth,” Fahour said.
“I am extremely pleased to be given this opportunity to lead GFH Capital. GFH Capital will incorporate our existing Investment Management Group and our Investment Placement Team, led by Muhannad Hamad, and it would aggressively pursue our investment banking goals.” Ted Pretty said.
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