-- Names New Head of Business Development for the Region
NEW YORK, May 4, 2015 /PRNewswire/ -- Gold Bullion International (GBI: www.bullioninternational.com) has announced the appointment of Salman Sheikh as Head of Business Development for the Middle East. Mr. Sheikh will be responsible for sales and marketing of the firm's precious metals solutions in the region.
"I am excited to bring GBI's extensive product offerings to the Middle East," said Mr. Sheikh. "The range of precious metals solutions that GBI provides will add significant value to institutional and individual investors beyond what is currently available. We are committed to building and developing a long-term presence in this important region."
Mr. Sheikh comes to GBI with more than 20 years of experience in the precious metals, commodity trading and technology industries. At companies both large and small, he has been responsible for global business development, sales and marketing, client coverage and project management. Mr. Sheikh has an MA in Economics and an MBA in Finance from NYU Stern School of Business.
Over the past five years, the Middle East ranks third in worldwide demand for gold, just behind India and China. In fact, 10% of global demand now comes from the Middle East, with Dubai ranking as the world's leading physical gold market with over 40% of the world's gold passing through the UAE.
"We are very excited about having Salman on board," said Steve Feldman, CEO and co-founder of GBI. "He is already pursuing business opportunities with some of the most important companies in the region, and so far the reception has been terrific. In the Middle East, investors understand the importance of the asset class and recognize that you are not wealthy unless you own gold."
Gold Bullion International (GBI: www.bullioninternational.com) is the leading institutional precious metals provider to individual investors and the wealth management industry. GBI's technology and operations platform is safe, reliable and easy to use. It allows investors to acquire and manage their physical precious metal assets directly through their existing wealth management or e-commerce relationships, as well as directly through GBI. GBI, "Own What's Real."
SOURCE Gold Bullion International