Banque AIG Names Fawaz Homoud to Lead New Middle East Initiative
LONDON -- Banque AIG, a subsidiary of AIG Financial Products Corp. (AIG-FP), today announced that Fawaz Homoud has joined its London-based marketing team. Mr. Homoud will lead Banque AIG's marketing efforts in the Middle East region, a new and important initiative for Banque AIG.
In this role, Mr. Homoud will originate and develop new business opportunities for Banque AIG in the Middle East across a range of financial products and asset classes, including credit, commodities, rates, equity and related combinations.
Prior to joining Banque AIG, Mr. Homoud worked as co-head of Middle East and North Africa (MENA) distribution at Nomura where he focused on a wide range of fixed income products. Before this, Mr. Homoud served in a similar capacity at Bear Stearns and began his career as a Portfolio Manager at the National Bank of Abu Dhabi. "The combination of Banque AIG's broad product mix and focused, solutions-based approach is truly unique. I am convinced that our platform is well-positioned to develop a successful, long-term presence in the Middle East region," said Mr. Homoud.
"Fawaz's experience both on the buy and sell side and his knowledge of the region provide a valuable addition to our team," noted Mauro Gabriele, President Directeur General of Banque AIG. "We look forward to working with him to provide market-leading financial solutions to corporate, sovereign and institutional clients throughout the Middle East."
About Banque AIG
Banque AIG is a French bank and is a wholly owned subsidiary of AIG Financial Products Corp. (AIG-FP). AIG-FP is a wholly owned subsidiary of American International Group, Inc. Founded in 1987, AIG-FP was one of the first companies focused principally on the derivatives markets in the United States. With group offices in London, Paris, Tokyo, Houston, Hong Kong and Wilton, Connecticut, AIG-FP has extensive global reach. As a leading participant in the capital and derivatives markets, Banque AIG provides its clients with corporate finance, investment and financial risk management solutions. Banque AIG's clients include the world's top corporations, asset managers, insurance companies, banks, investment banks, sovereigns and high-net-worth individuals. Banque AIG is an active trader/dealer in foreign exchange and in a full spectrum of derivative products markets including commodities, credit, energy, equity and rates. For additional information, please refer to http://www.banqueaig.com.
About American International Group, Inc.
American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
Contacts
Media:
Sloane & Company
Whit Clay, 212-446-1864
In this role, Mr. Homoud will originate and develop new business opportunities for Banque AIG in the Middle East across a range of financial products and asset classes, including credit, commodities, rates, equity and related combinations.
Prior to joining Banque AIG, Mr. Homoud worked as co-head of Middle East and North Africa (MENA) distribution at Nomura where he focused on a wide range of fixed income products. Before this, Mr. Homoud served in a similar capacity at Bear Stearns and began his career as a Portfolio Manager at the National Bank of Abu Dhabi. "The combination of Banque AIG's broad product mix and focused, solutions-based approach is truly unique. I am convinced that our platform is well-positioned to develop a successful, long-term presence in the Middle East region," said Mr. Homoud.
"Fawaz's experience both on the buy and sell side and his knowledge of the region provide a valuable addition to our team," noted Mauro Gabriele, President Directeur General of Banque AIG. "We look forward to working with him to provide market-leading financial solutions to corporate, sovereign and institutional clients throughout the Middle East."
About Banque AIG
Banque AIG is a French bank and is a wholly owned subsidiary of AIG Financial Products Corp. (AIG-FP). AIG-FP is a wholly owned subsidiary of American International Group, Inc. Founded in 1987, AIG-FP was one of the first companies focused principally on the derivatives markets in the United States. With group offices in London, Paris, Tokyo, Houston, Hong Kong and Wilton, Connecticut, AIG-FP has extensive global reach. As a leading participant in the capital and derivatives markets, Banque AIG provides its clients with corporate finance, investment and financial risk management solutions. Banque AIG's clients include the world's top corporations, asset managers, insurance companies, banks, investment banks, sovereigns and high-net-worth individuals. Banque AIG is an active trader/dealer in foreign exchange and in a full spectrum of derivative products markets including commodities, credit, energy, equity and rates. For additional information, please refer to http://www.banqueaig.com.
About American International Group, Inc.
American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
Contacts
Media:
Sloane & Company
Whit Clay, 212-446-1864
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