H.E. Mehmet Simsek
Minister of Finance, Turkey
Ijlal Ahmed Alvi
International Islamic Finance Market (IIFM)
Ahmed Saleh Al Marhoon
Muscat Securities Market
Capital Market Authority, Oman
HSBC Bank A.S
H.E. Mehmet Simsek was elected to Parliament in the general election on July 22, 2007. He was appointed as the Minister of Finance on May 1, 2009. Prior to that, he was the State Minister for Economic Affairs during August 2007 - April 2009.
Prior to joining politics, H.E. Simsek was the chief economist and strategist for emerging Europe, Middle East and Africa region at Merrill Lynch in London for 7 years. He also served as senior economist and bank analyst for Deutsche-Bender Securities from 1998 to 2000. H.E. spent about a year in New York where he worked for UBS Securities in 1997. Prior to that, he was a senior economist at the US Embassy in Ankara for almost four years.
Mr. Alvi has over two decades of experience in the financial services industry, specifically in the areas of Capital & Money Market and Investment Banking.
He is Chief Executive of International Islamic Financial Market (IIFM) since 2005, where he has been instrumental in initiating standardization of Islamic Capital & Money Market’s Documentation, Products and related Processes. In order to enhance and bring unification in Islamic Finance and its legal system he has negotiated and successfully signed several Memorandums of Understanding (MOUs) with organizations such as IRTI-IDB, ISDA, ICMA, AIBIM etc.
Mr. Alvi manages a number of IIFM’s Global Working Groups focused towards developing unified Islamic Capital & Money Market documentation and product standards specifically on Islamic Hedging, Liquidity Management & Capital Market Instruments. He also manages IIFM workshops and specialized Capital & Money Market events.
Mr. Alvi is also involved in several working committees at international level such as the IFSI's 10 Year Framework and Islamic Financial Sector Development Working Group. Mr. Alvi is a regular contributor in the printed media where his contributions are focused on Islamic financial instruments, liquidity management, risk mitigation and innovation in Islamic Financial Services Industry as well as expert participation in events hosted by regulators such as Securities Commission Malaysia, Central Bank of Bahrain, Bank Indonesia, State Bank of Pakistan as well as other Islamic finance events such as WIBC, IFN Forum, Euromoney’s Islamic Summit etc.
Mr. Alvi has overseen the launch of the IFSI’s first global standardized documentation namely Murabaha and Agency documentation, ISDA/IIFM Tahawwut (Hedging) Master Agreement, Hedging Product Standards, Inter-Bank Unrestricted Investment Wakalah Standard etc,.
Mr. Alvi holds a Master’s in Finance from Golden Gate University, California, USA.
Mr. Ahmed Saleh Al Marhoon assumed his duties as the Director General of the Muscat Securities Market in 2001. He has since worked for Oman’s public and private sector organizations in leading positions in many public and private sector institutions like the Ministry of Oil & Minerals and one of the brokerage companies in Oman.
He serves as a board member in many banking and financial institutions.
Mr. Al Marhoon successfully graduated with an MBA degree from a reputed university in United Kingdom.
Ahmed Sulaiman Al-Qassabi is a director of compliance and disclosure at Capital Market Authority where he focuses on audits and investigations of public listed companies, mutual funds and accounting firms. He is also looking after market disclosures and companies filing. Prior to his appointment, he served more than 10 years in numerous areas such as, corporate governance, corporate finance, and audit. He is a board member in Muscat Clearing and Depositary Company since 2011. Ahmed is a Chartered Certified Accountant ACCA from UK and has also a bachelor of accounting and finance.
Mr. Horozoglu has recently joined HSBC Turkey as the Head of Global Capital Financing and Debt Finance. He has 14 years of experience in banking.
Prior to joining HSBC, he was Citigroup's Head of Corporate & Investment Banking for Saudi Arabia and Oman and previously he was Director of Citigroup's Global Islamic Banking, Syndications and Capital Markets business where he spent 6 years covering Middle East, Turkey, Africa, CIS and new markets; responsible for Islamic syndications, bonds and other structured financing transactions.
He closed the first Turkish Sukuk, the first Turkish sovereign Sukuk, the largest Islamic syndication in Turkey, the first Islamic aviation facility, the largest syndication in Middle East, the largest Sukuk globally, the first Islamic syndication in Russian Federation, the first Eurolira bond, the first Tier-II Sukuk and executed several other first-of-its kind and landmark capital market, syndication, project finance and quasi securitisation transactions. He originated and completed 100+ debt capital markets deals.