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James A Cracco, CEO, First Leasing Bank Manama.

GULF AIR APPOINTS NEW GENERAL MANAGER IN KUWAIT

Manama, Bahrain: Gulf Air has announced the appointment of Mr. Houssam Weiss as General Manager for Kuwait. With an excellent track record of successfully driving profitability and load factors in key markets, Houssam focus in Kuwait will be developing Gulf Air as the airline of choice, particularly for business travellers. "With responsibility for all aspects of our operation in Kuwait, Houssam's appointment comes at an exciting time, given the dynamic initiatives that are underway to meet the challenges of today's competitive climate," said John Butler, Vice President Marketing and Sales at Gulf Air. "Houssam's strong sales background coupled with considerable international experience will play a vital role in meeting these challenges as we move forward to achieve our objective of repositioning Gulf Air as a commercially viable world class airline." Mr. Weiss has moved from the Gulf Air London office where he was a Key Account Manager responsible for building and maintaining key accounts in the leisure, business, diplomatic, marine and off-shore sectors. He played an integral role in increasing traffic and revenue from the UK to the Gulf and promoting Abu Dhabi as the gateway to Dubai. He was particularly successful in turning around the marine and offshore sector and growing the revenue by more than 600 per cent. Prior to joining Gulf Air he held managerial positions in SwissAir based both in Abu Dhabi and London.Houssam's career in the international travel market spans more than ten years. He brings a wealth of experience in sales, marketing, customer service and management to the Kuwait office.


GULF AIR ANNOUNCES APPOINTMENT OF REGIONAL GENERAL MANAGER
ASIA AND PACIFIC REGION

Manama, Bahrain: Gulf Air, the national carrier for the Kingdom of Bahrain, Sultanate of Oman and United Arab Emirates has announced the appointment of Ali Qannati as Regional General Manager, Asia and Pacific region. "The market in the Asia and Pacific region is undergoing significant change with the entry of several low cost entrants. In this climate careful market segmentation and excellent customer relationship management will be important in distinguishing Gulf Air from its competitors," said John Butler, Vice President Marketing and Sales. "Ali's appointment will ensure that our vision of excellent customer service is implemented across the various regions in which we operate. The appointment also reflects careful consideration of the respective regions and the specific requirements of their customers." Ali Qannati was formerly the Sales Development Manager for the Gulf, and has held numerous senior sales positions over the last 22 years. He has an excellent track record of developing people though his experience in leadership and business administration, and has been very successful in driving profitability and load factors for Gulf Air in key markets.

NEW GLOBAL MARKETS REGIONAL CHIEF OF SALES AT STANDARD CHARTERED BANK

19th September 2004 Standard Chartered, one of the leading international banks, has appointed Harish Hemandas as Regional Head of Sales and Structured Products, Global Markets, Middle East and South Asia.Hemandas, an Indian national, has spent 18 years with the bank in Dubai and has managed a team of 20 staff as Head of Corporate and Institutional Sales and Derivatives, Treasury, for the past three years.Ray Ferguson, Chief Executive. Standard Chartered UAE said: "Harish has distinguished himself in a range of posts with the bank and was presented with the Chairman's Hero Award in 2002 for best overall performance in Group Treasury. We are confident he will continue to grow the bank's business in his new post."In his new role Hamandas will identify new corporate and institutional clients and develop existing relationships for treasury products.He will be responsible for the regional launch of new products such as Premium Currency Deposits, Gold linked Deposits, Currency Plus, Option Linked Funding and Principal Protected Deposits as well as marketing various foreign exchange instruments.Ather Hashmi, who has been with the bank for three years, will take over Hemandas' former Treasury post.


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