Falcon Private Bank has re-hired Mohamed Badawy Al-Husseiny as its member of the board of directors, effective immediately.
Al-Husseiny will replace James Sullivan, who has resigned from IPIC and from the Falcon Private Bank’s board of directors.
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Al-Husseiny is the CEO of Aabar Investments which acquired Falcon from American International Group (AIG) in 2009.
He served in the position of a member of the board of directors of Falcon between 2009 and 2013.
Falcon Private Bank CEO Eduardo Leemann and Board chairman Murtadha Al Hashmi said in a joint statement: "We are delighted to welcome Mohamed Badawy Al-Husseiny back to our board and are convinced that he will play an important role for the future growth plans of the bank."
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