Published: October 3, 2009
Rasmala, a major regional investment bank, headquartered in the Dubai International Financial Centre (DIFC), has appointed Husam Kutaifan as head of corporate finance and Michael Kidd as head of private equity.
Before joining Rasmala, Kutaifan served as the head of M&A at Samba Capital in Saudi Arabia. He also served as the head of corporate finance in Atlas Investment Group.
Kidd joins Rasmala from Intaj, a MENA focused mid-cap private equity fund. Before that he was executive director at CIBC Capital Partners in London focusing on mid-cap private equity. Kidd also worked at McKinsey & Co in the US.
Tamer Bazzari, CEO of Rasmala, comments: “Over the past two years, our team has grown substantially and our regional presence has grown from one office in Dubai, to six offices in the UAE, Saudi Arabia, Egypt and Oman. We are poised to benefit from the improving market conditions and aim to significantly grow our market share in the short to medium term.”