We have been following developments with the Aramco IPO, the pre-budget statement and new appointments at Al-Rajhi and SAMA. Click below for more details on these stories.
Condolences on the death of David Sambar
David Sambar, who died recently after a long illness, was an investment banker and company director who was instrumental in developing Chase's operations in the Middle East during the 1960s and 1970s.
David was born in Haifa, where his father was serving as the Lebanese Consul General. He studied in Lebanon before taking a Doctorate in finance in France. (He remained a francophile all his life.) After working in the oil industry he joined Chase Manhattan in 1955 and then worked with Chase in various countries before moving to London as an Executive Vice President in 1976.
After leaving Chase, David was a director of several investment funds and banks both in the Middle East and in Europe.
David was a keen tennis player and a regular visitor to the opera. He will be missed by the London Arab banking community.
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We are welcoming ODDO BHF, the German investment bank and asset manager; TLT Sollicitors, and Spector Constant and Williams sollicitors.