Makan Capital Group Appoints Samer Wahbeh Director of the Property Development Fund and Acting CFO

ABU DHABI, United Arab Emirates, March 3 /PRNewswire/ -- Makan CapitalGroup, (MCG), a prominent real estate private equity group and investmentbanking firm announced today that industry veteran Samer Wahbeh has beennamed Director of the Property Development Fund and acting Chief FinancialOfficer. Before joining MCG, Mr. Wahbeh was Chief Financial Officer at SinoGulfInvestments where he led the accounting, treasury, debt raising, MIS andDIFC financial reporting functions. Prior, he served as a senior manager atPriceWaterhouseCoopers (PwC), where he headed the financial due diligenceteam and executed financial transactions and valuations worth severalbillion dirham. Mr. Wahbeh has extensive knowledge of the airline,transportation, real estate and financial services sectors and has workedclosely with investment banks and corporate investors while based in AbuDhabi. "Mr. Wahbeh brings unique and invaluable local experience to our firmin addition to his in depth understanding of the regional and globalinvestment marketplace," said Steve Koinis, Managing Director and ChiefExecutive Officer of Makan Capital Group. "We value his very disciplinedconsulting, audit and due diligence approach to investing and are honoredto have him on our executive team." Other previous experience includes the areas of audit, business riskservices and business advisory for KPMG and Arthur Andersen. He earned hisBSC degree in accounting and business administration from the University ofJordan and is a Certified Public Accountant, Certified ManagementAccountant and is currently a level three candidate for the CharteredFinancial Analyst program. For more information, visit makancapitalgroup.com. Makan Capital Group, (MCG), is a premier, Sharia'a compliant, privateequity firm in the GCC region generating demonstrably superior investmentproducts and real estate opportunities. The Firm's strategy is to focus onthe banking, commercial, residential, hospitality and tourism sectors whilecapitalizing on its significant network of resources, asset andpartnerships. MCG is headquartered in Abu Dhabi, UAE, with offices inRiyadh, Saudi Arabia and Newport Beach, California (US).Makancapitalgroup.com