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New ICMA Regional Head In The Middle East

Date 08/12/2009

The International Capital Market Association (ICMA) is pleased to announce that Robert H. Mohamed will be the new chairman for the ICMA Middle East, Far East and Africa region. In this capacity Mr Mohamed will coordinate the Association’s activities in support of its member firms in the region, with particular emphasis on the Gulf where he is located.

The appointment of Mr Mohamed complements the recent appointment of Dubai-based John Eldredge from Emirates NBD to the ICMA Board which underlines ICMA’s support for the development of well functioning financial markets in this economically significant region.

ICMA’s priorities include: building a community amongst its Gulf based members; promoting dialogue to see where ICMA’s experience in the European capital market may benefit the rapidly growing local bond and repo markets; and encouraging the adoption of its internationally recognised standards of market practice for the primary and secondary debt capital market. ICMA also aims to develop the range of its Executive Education programmes to address the needs of the financial community in the Gulf whilst working with local authorities and organisations.

Mr Mohamed is Co-Head of Investment Banking (Debt Capital Markets) in the Corporate and Investment Banking Division at National Bank of Abu Dhabi and has over 20 years of experience in investment banking covering the origination, execution and distribution of a broad range of fixed income products. Immediately prior to joining National Bank of Abu Dhabi in 2008, he worked at Arab Banking Corporation, based in Bahrain, where he was responsible for the origination and execution of regional based funding plans for corporate and financial institution clients. Previously, he worked at Deutsche Bank, London in the global markets division (Debt Capital Markets) for over ten years on a variety of capital raising opportunities and before that for eight years at Merrill Lynch International in the Debt Markets Division.

ICMA’s recent activities in the Gulf include partnership with the Bahrain Institute of Banking and Finance (BIBF) specifically in the area of education as well as its work with the Islamic International Financial Market to develop market practice and documentation for the Sukuk market.

ICMA’s membership includes financial institutions from 12 countries in the Middle East, Far East and Africa region.