GFH appoints acting chief executive

Gulf Finance House (GFH) has appointed Hisham Alrayes as acting chief executive, the bank said in a statement on 17 April. Alrayes was previously chief investment officer and takes over from Ted Pretty, who joined the bank in 2009 (GSN 872/11). Alrayes has been at GFH since 2007, and is also chairman of Cemena Holding Company, Gulf Holding Company and Bashaer Fund, GFH said.