NBK Capital sets off an office in Turkey

Published September 12th, 2006 - 05:34 GMT

NBK Capital, the investment and merchant banking subsidiary of National Bank of Kuwait (NBK) announced the opening of an office in Turkey and the appointment of Mr. Ahmet Tataroglu as Country Manager of its new office in Istanbul. This step is in line with NBK Capital’s ongoing expansion across the Arabian Gulf and the Middle East.

 

The office in Istanbul marks the fourth regional operation for NBK Capital to open in less than a year of operations. Mr. Tataroglu joins a growing team of over forty professionals strategically located in NBK Capital’s offices in Kuwait, Dubai International Financial Centre, UAE and Beirut, Lebanon.


“We are pleased to be opening NBK Capital’s fourth office in Istanbul where we see tremendous growth opportunities in both M&A Advisory and Private Equity which is in line with our focused business approach. We believe that NBK Capital will be well positioned to provide clients in the Gulf and Middle East region with the very best financial advisory services in the market,” said Mr. George Nasra, CEO and Board Member, NBK Capital.

 

“We are equally delighted to welcome Mr. Tataroglu to the NBK Capital team. His breadth of experience and knowledge in M&A Advisory, Privatization and Capital Markets with international consulting firms in Istanbul, will help to fuel NBK Capital’s success as we seek to fulfill our mission to become the financial advisory firm of choice to business leaders and entrepreneurs seeking to build great and enduring companies across the GCC and Middle East,” continued Nasra.

 

Prior to joining NBK Capital, Mr. Tataroglu held positions as Head of Corporate Finance at PricewaterhouseCoopers and as Senior Manager Corporate Finance at Ernst & Young working in Turkey and across the Eastern European markets where he worked on landmark advisory deals. Mr. Tataroglu has a Bachelor of Science in Industrial Engineering from the Middle East Technical University (ODTU).