Country for PR: United States
Contributor: PR Newswire New York
Tuesday, June 04 2019 - 08:36
AsiaNet
China International Capital Corporation Expands U.S. Investment Banking Advisory Business
NEW YORK, June 4, 2019 /PRNewswire-AsiaNet/ --

CICC US Securities, the US broker dealer of China International Capital 
Corporation ("CICC"), announced today that it is expanding its strategic 
advisory business with the hiring of Zahid Ahmed as a Managing Director in its 
New York office.  Mr. Ahmed will focus on advising consumer companies and 
private equity firms.

"The addition of a Managing Director of Zahid's caliber to our team reflects 
the firm's ongoing commitment to grow our presence in North America and enhance 
our cross-border advisory capabilities," stated Steven Foland, Head of Banking 
at CICC US Securities. "We are looking forward to leveraging Zahid's market 
presence and significant expertise in the consumer industry to further meet the 
needs of our clients."

Mr. Ahmed has 19 years of experience in investment banking. Prior to joining 
CICC US Securities, Mr. Ahmed was a Managing Director at Perella Weinberg 
Partners in New York.  Mr. Ahmed was a senior member of Perella Weinberg's 
advisory team and Consumer and Retail Group for 10 years. While at Perella 
Weinberg, Mr. Ahmed led the firm's retail investment banking practice in North 
America. Earlier in his career, he worked at Trimaran Capital Partners and 
Deutsche Bank.  Mr. Ahmed began his investment banking career at Goldman Sachs. 

Mr. Ahmed received a Bachelor of Arts in Economics from Vassar College, where 
he graduated with honors and was elected to Phi Beta Kappa, and a Masters in 
Business Administration from Harvard Business School. 

About China International Capital Corporation Limited

China International Capital Corporation Limited (CICC, 3908.HK) is China's 
first joint-venture investment bank. Since inception in 1995, CICC has always 
been committed to providing high quality value-added financial services to our 
clients. We have established a full-service business model consisting of 
investment banking, equities, FICC, wealth management and investment management 
on the basis of strong research coverage. Headquartered in Beijing, we have 
established subsidiaries in Mainland China, branch companies in major cities 
including Shanghai and Shenzhen, and over 200 securities branches in 28 
provinces and municipalities across China. CICC has also actively ventured into 
overseas markets and has established offices in Hong Kong, New York, Singapore, 
London, San Francisco and recently Frankfurt, to help clients in both domestic 
and overseas markets fulfill their strategic goals.

SOURCE: China International Capital Corporation Limited

CONTACT: Xiaoxiao Zhang, +8610-6505-1166 Ext.1786, zhangxx@cicc.com.cn
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