GIB Capital

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GIB Capital

Board of Directors

Mr. John E. Xefos

Nationality: American
Position: Board Member - Non-executive Director

Mr. Xefos first came to Saudi Arabia in 1980 when he joined Baker & McKenzie’s Middle East practice. Since then, he has been a key figure in corporate finance and capital markets matters in the Kingdom of Saudi Arabia. He has been actively involved in advising Saudi government agencies as well as Saudi and foreign clients on various aspects of doing business in Saudi Arabia. He has regularly advised Saudi banks on issues related to merchant banking, capital markets and complex financing transactions. He retired from Baker & McKenzie in September 2010, and since then has acted as consultant advising on the political, commercial and legal aspects of doing business in the Kingdom of Saudi Arabia, the Gulf and the broader Middle East region.

Mr. Xefos completed his bachelor’s degree from Cornell University, New York, in 1976, and attained a JD in Law from University of Pennsylvania in 1980.

Mr. Xefos is also a Board Member of Gulf International Bank (UK). He is a member of the State of Illinois Bar and the American Bar Association.

GIB Capital is a Single Shareholder Company (Commercial Registration No. 1010244294) with paid-up capital of SR 200,000,000.

GIB Capital obtained its license from the Capital Market Authority under license number 07078-37 on 08/07/1428H (corresponding to 22/07/2007G). GIB Capital obtained the approval to proceed with its business activities from the Capital Market Authority on 03/04/1429H (corresponding to 12/04/2008G).

GIB Capital provides corporate finance services in the Saudi capital markets, and is licensed to carry out the following activities by the Capital Market Authority (“CMA”):

  • Dealing as:
    • Principal
    • Agent
    • Underwriter
  • Managing
    • Investment fund management
    • Discretionary portfolio management
  • Arranging
  • Advising
  • Custody

GIB Capital is a subsidiary of Gulf International Bank B.S.C. with registered office at Low Rise Building 1, Granada Business & Residential Park, Eastern Ring Road, P.O. Box 89589, Riyadh 11692, Kingdom of Saudi Arabia.