Dubai Islamic Bank appoints Saad Zaman as CEO of DIB Capital
Dubai Islamic Bank (DIB) announced today the appointment of Saad Zaman as the Chief Executive Officer of DIB Capital, a full service investment bank offering Capital Market, Syndications, Advisory, Asset Management and PE products / services based in the Dubai International Financial Centre.
Commenting on the appointment, Abdulla Alhamli, CEO Dubai Islamic Bank, said: “Investment banking is part of DIB’s core offerings and in today’s global economic environment, the investment advisory role is of strategic importance to our customer base.”
Saad Zaman, who has been a senior in the GCC investment banking industry for a decade, joined DIB in 2004. He was appointed Deputy CEO of DIB Capital Ltd. (formerly known as Millennium Capital Ltd.) in 2007. Prior to joining DIB, Saad was the Managing Director of Citigroup’s Global Islamic banking subsidiary, in addition to heading Citi’s Investment banking business for Middle East, Levant and Pakistan.