Bahrain-based Investcorp has announced that Sir Michael Fallon, a British Member of Parliament and former Secretary of State for Defence, has been appointed to its international advisory board.
Fallon, who has served as an MP for more than three decades, has held a number of senior governmental leadership roles and had overall responsibility for the British armed forces and managed a £35 billion annual budget.
He has also served as Schools Minister under both Margaret Thatcher and John Major and Business and Energy Minister under David Cameron.
Mohammed Alardhi, executive chairman of Investcorp, said: “As we continue to grow as a global firm, seeking relevant counsel to bring fresh new perspectives to our business is essential. Our international advisory board consists of some of the best minds around the world providing us with guidance on emerging business and policy issues globally.
"We are delighted to add Sir Michael. His business expertise and experience in both the private and public sector will be invaluable to continuing our growth trajectory.”
Fallon added: “Investcorp has established itself as a leader in the global alternative investment sector, and I believe that its commitment to expanding its global footprint and broadening its product offering will catalyze future growth. I look forward to contributing to the business as it continues to evolve into a bigger, more diversified alternative investment firm.”
He is currently non-executive chairman of the London property company Avanton Ltd and a consultant to several other privately-owned businesses.
Investcorp’s international advisory board is chaired by Alardhi and it meets annually and provides advice and guidance to the firm.For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.