GIB UK appoints Non-Executive Director

GULF INTERNATIONAL BANK UK LIMITED

Gulf International Bank (UK) Limited (“GIB UK”) today announced the appointment of Soraya Chabarek as an independent Non-Executive Director.

Soraya Chabarek is the Chief Executive Officer of CQS, a specialist credit asset manager.

Soraya joined CQS in 2013 and, in her capacity as Global Head of Distribution, has been responsible for growing assets and leading CQS' global sales team to build long-term partnerships with investors. She began her career at HSBC Private Bank, and has since worked at Permal Investment Management, GLG Partners and Moore Europe Capital Management.

Abdulaziz Al-Helaissi, Chair of GIB UK Board of Directors said:

“A successful company is led by an effective and entrepreneurial board, and I am delighted that Soraya Chabarek is joining to strengthen our Board. Her highly relevant experience, network and independent voice will help ensure that we continue to generate value for our shareholders and contribute to wider society.”

Katherine Garrett-Cox, CEO of GIB UK, said:

“Soraya’s depth of experience in institutional asset management both across Europe and the Middle East will be a huge asset to us as we look to grow our sustainable investment solutions business.”

Soraya Chabarek said:

“I am delighted to be joining the Board of GIB UK. I look forward to working closely with my colleagues as the business continues to build on its success.”

The GIB UK Board now comprises:

Abdulaziz Al-Helaissi (Chair)

Ralph Campbell

Soraya Chabarek

Katherine Garrett-Cox

Miriam Greenwood

Jamal Al Kishi

Turki Al Malik

Gary Withers

John Xefos

Abdulla Al Zamil