NFBC appoints new CEO
National Financial Brokerage Company (NFBC), one of the leading brokerage companies operating in the UAE and the region, and a fully owned subsidiary of Abu Dhabi Investment Company (ADIC), announced the appointment of Aymen Samawi, as the company’s new Chief Executive Officer.
Samawi’s professional experience spans nearly two decades in international financial markets that includes executive positions in major financial centers, covering a wide range of products, commodities and markets including creative innovations in derivatives.
Abdul Rahman Omar, Chairman of NFBC stated: “Samawi’s appointment to this position is a natural progression of the company’s development. His energy, knowledge of the industry, authentic approach, and mobility are extremely effective and make this appointment logical. We are addressing all the conditions and opportunities to achieve our future goals of raising the sophistication, quality of services and corporate transparency of the company to an international level, and we are certain that Samawi will continue to boost and expand our operations in Abu Dhabi and the region, which are fundamental as the business continues to grow.”
Prior to joining NFBC, Samawi was Executive Vice President at ICAP North America in New York where he introduced, developed and led the Residential Property Derivatives brokering division. The division brokered new financial instruments based on the Radar Logic RPX Indices, as a means to providing market solutions to the challenges in the $22 trillion U.S property market. Additionally, he spearheaded an ICAP venture in property derivatives information business as CEO.
Deepening into his extensive experience, Samawi held past positions with ICAP’s interest rates division, as Vice President and later as Managing Director where he managed economic derivatives and co-developed (with Goldman Sachs) the prepayment derivatives markets. ICAP is the world’s premier voice & electronic inter-dealer broker with an average daily transaction volume in excess of 1.5 trillion.
Additionally, Samawi founded various ventures over the years including BroadReach Group FZE in the UAE. He also co-founded and acted as Managing Partner and Chief Operating Officer of Capstone Global Energy, with operations in Texas and Germany. Prior to Capstone, Samawi was Vice President at Tullet & Tokyo in New York, where he founded the relative value group. Under this group, he was involved in structuring and marketing synthetic swaps and options.
Samawi studied in Europe and the US, is a holder of a BA in International Business from Texas Wesleyan University, as well as a certificate in e-Business strategies from Thunderbird School of Global Management. Samawi is a member of the distinguished Kilby Awards International Council.
