Ahmass fakahany biography definition
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NEW YORK — Merrill Lynch co-president Ahmass Fakahany is stepping down, two weeks after the third-biggest U.S. securities firm posted a record loss on subprime mortgages and bonds acquired while he oversaw risk management.
Fakahany, 49, will retire Feb. 1, Merrill said Monday in a statement. Co-president Greg Fleming, who served alongside Fakahany as a deputy to former chief executive Stan O’Neal, plans to remain under new CEO John Thain, according to a person familiar with the situation.
A nose dive in the value of subprime mortgages saddled New York-based Merrill with a $9.8 billion fourth-quarter loss, the worst in its 94-year history, and led the firm to obtain cash infusions from investment funds controlled by the governments of Singapore, Korea and Kuwait.
O’Neal was ousted in October following a $2.24 billion third-quarter loss, and Thain is rebuilding the firm’s executive ranks.
Fakahany is at least the third member of O’Neal’s exe
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I walked into Bait Maryam on a particularly warm winter’s day in Dubai. It was måltid hour; the parking area was packad, and the outside sitting area buzzing with people. As soon as inom stepped inre the restaurant, I immediately recognised arbetsledare Salam. She was conversing with almost every table inside the quaint indoor section of Bait Maryam. Without knowing who inom was or what inom was there for, she greeted me with the biggest smile and told me to take a seat next to her before her daughter, who handles the interviews came in and made formal introductions.
We funnen a quiet table outside just a meter from the restaurant front and then began talking. What was interesting about our conversation was the way she made me feel. She has the ability to connect with people in a way that makes them feel at home, no matter the difference in nationality or background. We are from two very different parts of the world, but in the thirty-nine minutes and twenty-two seconds inom spent with her, inom felt
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Inclusive growth : the global challenges of social inequality and financial inclusion / by Howard Thomas (Mastercard Chair of Financial and Social Inclusion, Singapore Management University Ahmass Fakahany Distinguished Visiting Professor of 'Global' Leadership, Questrom School of Business, Boston University Extraordinary Professor, GIBS, University of Pretoria, South Africa), and Yuwa Hedrick-Wong (Chief Economics Commentator, Forbes Asia Visiting Scholar, Lee Kuan Yew School of Public Policy Former Global Chief Economist, Center for Inclusive Growth).
Includes index.
Prelims -- Enabling models of inclusive growth from financial inclusion to democratizing productivity -- What is "financial inclusion"? -- How digital finance and Fintech can improve financial inclusion -- What is social inclusion and how financial and social inclusion are inextricably linked -- Pathways to inclusive growth: social capital and the bottom of the pyramid -- The role of social enterpri