2nd January 2019
Due to continued growth, Rosette Merchant Bank has appointed its General Counsel, Zahir Nayani, as its new Chief Operating Officer.
Nayani, who joined Rosette in 2017, will be responsible for managing the firm’s increasingly diverse operational demands whilst continuing to act as lead legal counsel across the full spectrum of the firm’s activities.
Sam Broadhead, Chief Executive Officer, commented:
Zahir’s appointment as COO is a testament to his aptitude for embracing a broad portfolio of responsibility, of which sound legal advice constitutes just one element. Rosette is well placed for a successful 2019 which will no doubt be bolstered by this well-deserved appointment.
Additionally, the firm has announced the appointment of Dr. Ian Robinson as Consultant to drive its new capital markets offering. With over 20 years of experience in structured credit and investment, Dr. Robinson is equally well-known within the Islamic finance industry for his pivotal role in structuring and process-managing Europe’s first sukuk utilising a residential mortgage-backed securitisation.
15th May 2018
Rosette has hired Stuart Jarvis as Investment Director.
Stuart brings with him a strong track record in UK and European commercial real estate combined with a wealth of experience in the Islamic finance sector. A fluent Arabic speaker, Stuart has previously held senior positions at Investment houses in London, Kuwait and Malaysia.
Stuart’s appointment bolsters Rosette’s Real Estate team, which has now transacted over £200 million of assets since its inception in 2016 with a further £60 million currently under offer.
The news follows the recent promotion of Sam Broadhead to Chief Executive Officer. Sam is now leading the growth and development of the business and are looking to expand Rosette into new areas that will create exciting opportunities in the Islamic finance sector.
Concurrently, Rosette is also expanding its geographic reach beyond its traditional GCC market. Amr Kenawy, Rosette’s Chief Business Development Officer, has led efforts in Malaysia and is continuing to take Rosette into the wider Asia Pacific markets with equal success.
27th February 2018
Rosette has hired Zahir Nayani as General Counsel from Foot Anstey LLP, where he was a senior associate and a founding member of its award-winning Islamic finance team.
Sam Broadhead, Chief Executive Officer of Rosette, said: “We are absolutely delighted to welcome Zahir as our in-house GC. We’ve enjoyed working closely with Zahir on a number of shari’ah-compliant structured real estate investment acquisitions to date. His commercial approach and efficient transaction management skills complement our team perfectly.”
This news follows Rosette having reported strong results in 2017, and closing its first deal of 2018: the £50,000,000 acquisition of the 149,000 sq. ft. Tesco Extra supermarket in Oldham, Greater Manchester on behalf of a Qatari institutional investor.