ABU DHABI, United Arab Emirates, March 3 /Xinhua-PRNewswire/ -- Makan Capital Group, (MCG), a prominent real estate private equity group and investment banking firm announced today that industry veteran Samer Wahbeh has been named Director of the Property Development Fund and acting Chief Financial Officer.
Before joining MCG, Mr. Wahbeh was Chief Financial Officer at SinoGulf Investments where he led the accounting, treasury, debt raising, MIS and DIFC financial reporting functions. Prior, he served as a senior manager at PriceWaterhouseCoopers (PwC), where he headed the financial due diligence team and executed financial transactions and valuations worth several billion dirham. Mr. Wahbeh has extensive knowledge of the airline, transportation, real estate and financial services sectors and has worked closely with investment banks and corporate investors while based in Abu Dhabi.
"Mr. Wahbeh brings unique and invaluable local experience to our firm in addition to his in depth understanding of the regional and global investment marketplace," said Steve Koinis, Managing Director and Chief Executive Officer of Makan Capital Group. "We value his very disciplined consulting, audit and due diligence approach to investing and are honored to have him on our executive team."
Other previous experience includes the areas of audit, business risk services and business advisory for KPMG and Arthur Andersen. He earned his BSC degree in accounting and business administration from the University of Jordan and is a Certified Public Accountant, Certified Management Accountant and is currently a level three candidate for the Chartered Financial Analyst program.
For more information, visit makancapitalgroup.com.
Makan Capital Group, (MCG), is a premier, Sharia'a compliant, private equity firm in the GCC region generating demonstrably superior investment products and real estate opportunities. The Firm's strategy is to focus on the banking, commercial, residential, hospitality and tourism sectors while capitalizing on its significant network of resources, asset and partnerships. MCG is headquartered in Abu Dhabi, UAE, with offices in Riyadh, Saudi Arabia and Newport Beach, California (US). Makancapitalgroup.com
