Mubasher: GFH Financial Group has appointed Zayed Alzayani as board Chairman of its subsidiary Roebuck, a London-headquartered Pan-European real estate logistics investor and asset manager.
Alzayani has four decades of experience spanning senior leadership roles in the public and private sectors, according to a press release.
He was Bahrain’s Minister of Industry, Commerce, and Tourism as well as the ex-minister in Charge of the Bahrain Bourse.
The new official also has over 25 years of experience in private holdings and enterprise, leading some of the GCC region’s key operating companies across sectors.
Hisham Alrayes, Group CEO of GFH, said: “His deep experience across key industrial sectors is a huge asset to Roebuck and GFH’s efforts to continue to expand its portfolio of blue-chip industrial and logistics assets in the UK, Europe and key GCC markets.”
Founded in 2009, Roebuck has managed assets across the UK and Europe with a total assets under management (AUM) of nearly EUR 1 billion.
The net profits of GFH increased by 7.69% year-on-year (YoY) to $105.23 million in 2023 from $97.71 million.
