Jehaan quits First Capital

Wednesday, 5 February 2014 00:01 - - {{hitsCtrl.values.hits}}

Veteran banker Jehaan Ismail has resigned from being the CEO/Director of First Capital Holdings Plc with effect from 31 January 2013. Jehaan was appointed as CEO/Director in June 2012. Ismail, whose 28 years in banking has included several key international postings for HSBC, was Chief Operating Officer of HSBC Colombia S.A, based in Bogota, Colombia, in his final stint with the global banking giant. A Fellow of the Chartered Institute of Bankers ( UK) and the holder of a BSc (Chemistry) Honours Degree from the University of Colombo, Ismail has served HSBC in varied capacities in locations as diverse as Sri Lanka, Hong Kong, Indonesia, Saudi Arabia and Colombia, gaining and imparting expertise in a variety of commercial and investment banking operations, including areas such as corporate banking, trade finance, personal financial services, securities and asset management, as well as support functions like general operations, compliance, risk management and training. During his extensive service with HSBC, he held the position of Chief Executive Officer at SABB Securities Limited in Saudi Arabia from 2008 to 2009, as well as that of Chief Operating Officer of HSBC Saudi Arabia from 2004 to 2008. Both these very successful HSBC Group companies were involved in investment banking and gave Jehaan an all round exposure to business in the capital markets. Following the resignation the Board of Directors of First Capital Holdings Plc comprises Lalith de Mel (Chairman), Manjula Mathews, Dinesh Schaffter, Nihara E Rodrigo, A.D. Eardley Perera, Minette D.A. Perera and W. Nishan I.C. Fernando