Bankers serving Bankers

GROUP BROCHURE

Who is 6 Sigma

6 Sigma is a team of internationally

experienced bankers, not consultants,

dedicated to providing unique hands-

on experience to financial institutions

and corporations.

6 Sigma offers practice and not theory.

We are Bankers serving Bankers and we

have been in your shoes. Where others

provide you with the “Roadmap”, we will

drive or be on the bus with you.

6 Sigma Group was created to provide

you with a variety of finance specific

consultancy advice and related training

to enable you to deliver “Best in Class”

service.

6 Sigma Group was founded by Ramzi

Watfa in May 2002 as a boutique

Financial Consultancy covering both

institutional and corporate contracts.

The company's head office is in the Dubai

International Financial Centre (DIFC),

with additional offices in Beirut, Lebanon;

Amman, Jordan and USA. The company

also has representatives in Turkey,

Romania, Germany, Mexico, UK/Ireland,

Costa Rica and Singapore.

6 Sigma Group Is a boutique financial consultancy covering both institutional and corporate clients.

Our Credentials

We have 15 years of solid track record providing critical services and support to Corporates and Financial Institutions across the Europe, the Middle East and Africa

• Our clients include both the top tier Corporates and Financial Institutions in the world as well as local and regional players

We have over 150 relationships with banks across Middle East, Europe and Africa

• Including: Citibank, Standard Chartered Bank, Arab Bank, Abu Dhabi Islamic Bank, Bank of Sharjah, NBK, KFH, Kuveyt Turk, Bank Transylvania, Emirates NBD

We are not career consultants, we are Bankers serving Bankers with hundreds of years of combined hands-on banking experience. We pride ourselves in offering proven practice, not theory

We have full time staff based in Dubai, Beirut, Amman, Bucharest, Istanbul Costa Rica and the USA, with affiliates in Mexico, Germany, U.K., Ireland and Singapore

We offer a full spectrum of services for corporates and the financial services industry

• Financial advisory – M&A, transformation and restructuring

• Risk management services – policies, procedures and processes

• Complete credit risk life cycle workflow software (CRM - CreditRiskMaster)

• Training – over 12,000 bankers trained on 6 Sigma's core banking, credit, cross-sell and product programs

• Advisory Services – operations, relationship management, credit and risk, treasury and

• Risk Rating Agency

We are subject matter experts on

• Basel II and III

• IFRS 9

• Credit Policies, Processes, Procedures and Practices

• Credit Automation

• Operational Risk

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A Boutique Financial

Consultancy covering

both Institutional and

Corporate clients.

What 6 Sigma Means

Sigma is a statistical term that measures

how far a process deviates from

perfection.

6 Sigma is the measure of how close an

institution can get to providing as perfect

a delivery platform as possible to its

clients.

6 Sigma Group’s focus is on providing

bankers with the tools to meet the

challenges facing the industry today, be it

Basel II or III, IFRS9, Risk assessment

(ICAAP), policies and procedures, target

market and institutional restructure or

transformation.

6 Sigma Group was founded in May 2002, and currently has 5 businesses with a coverage across Middle

East, Africa and Europe.

Business Coverage

1. Road to IFRS 9 and Basel Accord Program

A comprehensive consultancy that help financial institutions become IFRS9 and Basel Accord compliant.

Across all businesses, covering both front and back office.

2. Credit Rating Agency

Rating SME and Corporate clients across regions.

Comprehensive credit evaluations.

Production of Industry Studies, Target Market Studies, and Product Programs.

3. Credit Risk System – CreditRiskMaster CRM

Risk Rating and Credit Automation.

Portfolio Risk Rating and Stress Testing.

Strong Security and Admin Features covering both Institutional and Corporate Clients.

4. Training & Development Programs

Credit & Risk Management

Treasury & Capital Markets

Investment Banking

Product Development Techniques

Management Skills

Structured Training for new and existing hires

HR and Career Development Consultancy

5. Corporate Finance & Business Valuation

Business Evaluation

Project Evaluation and Management

Feasibility Study Production

Management Consultancy

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Credit Risk Consultancy

Road to Basel and IFRS 9

A comprehensive consultancy, from helping financial institutions to comply with the Basel Accords, Processes and

Procedural Consultancy and Implementation, and Front (marketing and sales) and Back Office support.

6 Sigma has also conducted many consultancies helping banks get on the road to Best in Class and IRB certification.

Coverage also includes:

1. GAP analysis,

2. Complete overhaul of credit functions,

3. Review and implementation of Best in Class Risk Management practices,

4. Production of full credit processes and procedures,

5. Portfolio Review and Production of Portfolio Risk Rating,

6. Stress Testing the Portfolio,

7. Indentifying impact of IFRS 9,

8. Production of Target Market and Industry Studies, and

9. Production of Credit Product Programs.

Credit Risk Management Work

Using Basel Accord’s 16 Principles of Credit, and adding 3 of our own, we are able to cover the two main aspects of

Credit Risk Management: (1) Processes and Procedures and (2) Risk Management. These cover all manner of topics

from Governance, to Management and Portfolio Risk Control. The latter involves PRR and RAROC calculations.

Our Scope of Work involves three phases:

Diagnostics > Detailed Plan of Action > Implementation

Essentially laying the ground to Execution, using Best in Class practices.

The Credit Risk Principles:

• P1: Governance & Board Function

• P2: Senior Management Role

• P3: Studies and Research

• P4: Approving Grid & Process

• P5: Concentration Limits

• P6: Credit Application Format

• P7: Functions of All Units

• P8: Credit Administration & Docs

• P9: Default Definition, Cash Flows

• P10: Obligor & Facility Risk Rating

• P11: PDs, LGD, EAD EL and UL

• P12: Portfolio Risk Rating

• P13: Stress Testing & RAROC

• P14: Reporting

• P15: Systems

• P16: Remedial Management

• P17: Compliance

• P18: Capital Adequacy

• P19: Organizational Chart Reporting is comprehensive, covering all

aspects of the credit hierarchy. We also

install the mechanism to maintain future

control long after we complete the job.

Clients

• Abu Dhabi Islamic Bank

• Fransabank

• CreditBank

• First National Bank

• Al Ahli Bank

• Lebanon Gulf Bank

• Bank of Sharjah

amongst others.

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Credit Rating Agency

The Agency focuses on three areas:

1. Risk Rating corporate clients to help them access wider capital markets and price their financing appropriately.

The risk rating is derived using the Group’s CreditRiskMaster System (CRM). The analysis is done in house and provided directly to the company or its bankers.

2. Assist financial institutions to risk rate their portfolios and put into place a Corrective Action Plan.

Portfolio Reviews across the bank, with focus on potential default rates and impact on both the PRR and RAROC.

3. Production of Industry Studies, Target Market Studies, Product Programs, and Specialized Lending Programs.

Across geographies, covering the major sectors and include major players, key success factors, and facility structuring.

Outsourcing of credit work, be it Credit Applications, Industry Studies or Product Programs is both efficient and rewarding.

Production of Industry studies, Product Programs and target market studies of the Financial Industry.

However, this has to be done with consultancies that offer (a) in depth analysis, (b) access to data, and (c) breadth of coverage.

6 Sigma Credit Rating Agency has all the requisite qualifications to provide you with Best in Class analysis and structuring. The group is also able to provide you with the necessary training to enshrine the knowledge within the organization.

What’s More Unique

The Agency produces credits reports using both its own generic formats and those of financial institutions. The latter is in the case of a contractual arrangement between the Agency and the financial institution. Such arrangements were made with several FIs whereby some of the credit applications (Corporates and FIs) were outsourced to the Agency.

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The first to be

established in the

Middle East to cater for

regional requirements.

One of the few

to provide a

comprehensive

approach risk, covering

both training and risk

Credit Risk System – CreditRiskMaster (CRM)

CRM was specifically designed to enhance and streamline the overall credit process by simplifying the client selection

process through the use of Target Market / Risk acceptance Criteria, provide cash-flow centric financial analysis

capabilities, reduce credit application turn-around time through the effective use of dynamic work-flow processing and

tracking, and provide both obligor (ORR) and portfolio (PRR) specific risk ratings and returns (RAROC and RORAC).

In addition, CRM delivers unparalleled Basel and IFRS 9 compliant portfolio reports. CRM is an easy-to-use user friendly

web or in-house server based application which can be fully integrated into existing core banking system.

Current Features and Benefits

Basel & IFRS 9 Accords Compliant • Web-based Centralized Controls

• Forward Looking

• Centralized Economic and Industrial Assessments

• Portfolio Management

User Friendly • Easy screen access

• Drop Down Menus

• Flexible Navigation and Admin

• Plug & Play

Broad Applicability • Industrial Peer Analysis

• Classification Reporting

• Call Reporting and Sales Management

• Strategic and Target Marketing

• Creation and Management of Product Programs

• Financial Institution Analysis and Risk Rating

Flexible Reporting All reports are either Exported, or Printed. These also include:

• The Obligor Information Report (OIR)

• The Executive Credit Memo

• The Full Credit Memo

• Summary of Terms and Conditions

• Risk Rating Summary

• Recommendations

Current Main Tasks

1. Financial Modeling & Analysis

2. Qualitative Ratings

3. Risk Rating

4. Credit Automation.

5. Portfolio Risk Rating and Stress Testing provides the following: • ORR and FRR distribution • Concentration Risk calculation • Excess Utilization calculation • Capital Adequacy Standardized and

IRB • RAROC and RORAC calculation

6. IFRS 9 Impact Calculation with a Transition Matrix feature

7. Target Market and Risk Acceptance Criteria controls across several layers

8. SME friendly

9. Strong Security and Admin Features covering both Institutional and Corporate Clients

The system is also designed to be leased or

bought outright, depending on budgets and

strategy. The system is also offered in

modular form, with financial institutions

already using an existing risk rating system

are able to benefit from the credit processing

capabilities of the CRS.

A demo of the system is available on our

website on:

http://www.6sigmagrp.com/services-

2/credit-risk-system-crs/

Efficient & Practical • Multi-lingual

• Automated Credit Processing

• Uses Templates for Term Loans

• Captures SMEs

• Compatible with our Consultancy and Training (“CRM” & “Road to Basel”)

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Clients

International

• Citibank

• Standard Chartered Bank

• Arab Bank

The Gulf

• Abu Dhabi Islamic Bank

• Al Rajhi Bank

• Al Saudi Al Hollandi Bank

• Al Saudi Al-Fransi Bank

• Arab National Bank

• Bank Al Jazira

• Bank of Bahrain and Kuwait

• Commercial Bank of Kuwait

• Emirates NBD

• First Gulf Bank

• Gulf International Bank

• Mashreq Bank

• National Bank of Kuwait

• Kuwait Finance House

• National Commercial Bank

• Samba Financial Group

Africa

• Atlantique Financial Group

• Bank of Khartoum

• Ecobank Transnational

• The Trust Bank of Ghana

•

Training and Development

Our line of expertise covers a wide spectrum of specialties in areas if Risk Management, Corporate & SME Relationship

Management, Operations, Treasury, Investment Banking, Private Banking, Retail and Consumer Finance. This is in

addition to a range of soft skills across many fields.

Our clients are widespread, covering three continents. Our delivery is in many languages, including English, French,

German, Turkish and Arabic.

Our delivery is either tailor-made to individual institutions, or provided on an Open Forum basis. All exercises are live

cases, and all the workshops are interactive. We measure progress through quizzes and tests and provide reports to

clients on participant aptitudes.

We also offer e learning as stand alone or supplementary training.

All courses are assessed through e quizzes covering 32 different subjects.

Some of the Programs:

• Basel Accords: An Awareness Program (2 days)

• CRM — Accounting, Financial Analysis, Credit Risk, Credit

• Application and Presentation (4 x 5 days)

• Applied Financial Analysis & Credit (10 days)

• Advanced Financial Analysis & Basel Accord (3 days)

• Strategic Marketing and Account Planning (3 days)

• Syndications and Agency Workshop (3 days)

• Corporate Valuations (3 days)

• Early Problem and Remedial Management (3 days)

• Accounting Fundamentals for Fresh Graduates (10 days)

• Introduction to Trade Products (2 days)

• Introduction to Contractor Finance (3 days)

• Treasury Management Simulation Game (5 days)

• Management Associate Program

• Leadership and Management Skills Workshops series

• Communication and Interpersonal Skills Workshop series

Our trainers are seasoned bankers, previously serving Citibank, Standard Charter Bank, Deutsche Bank, Royal Bank

of Canada, JP Morgan Chase, Merrill Lynch, Societe General, Bank of America, GE Capital and the like.

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Best in Class Training

Training Courses made in house to suite each institution, or offered on Open Forum (public) basis. All cases used are

live ones from within or outside the bank.

1. Credit & Risk Management Corporate & Commercial (CRM)

2. Credit & Risk Management Financial Institutions

3. Credit for Non-Lending Officers

4. Early Problem Recognition and Remedial Management

5. Treasury and Capital Markets

6. Investment Banking & Wealth Management

7. Management and Team Building

8. Training & HR Consultancy

Depending on the quality of personnel, the duration of the program can vary from 4 to 6 weeks. Tests

are administered throughout to gauge aptitude and absorption of material.

On successful completion of the programs, certificates are issued and a full report is provided to employers with results.

The flag-ship “CRM”, an intensive 4 weeks Certification program that covers 4 main topics:

1. Accounting & Finance.

Essentially a refresher for those that have taken accounting in the past, and a new approach for those that did not.

The focus on ultimately Cash Flows. The aim is to be able to convert Events into Numbers.

2. Financial Analysis.

Covers ratio analysis, projections, sensitivity analysis, volatility analysis and facility structuring. The aim is to be able

to convert Numbers back into Events to help in the analysis.

3. Credit Analysis.

All about the qualitative side of the analysis, Basel Accord, PDs, LGDs, studies conducted by international banks and

lessons learnt in the process.

4. Presentation.

Participants are expected to apply what is learnt by presenting a live case. Topics covered in this week is logical

thinking, and using techniques to deliver messages.

Europe

• Bancpost

• Banca Transilvania

• Millenium Bank Romania

• MKB Romexterra Bank

• Romanian Banking Institute

• Seker Bank Turkey

The Levant

• Ahli International Bank—Beirut

• Arab Bank

• Arab Finance House

• Bank of Beirut

• Banking Control Commission, Lebanon

• Banque Audi Saradar

• Banque Commercial Libanais

• Banque de la Mediterranee

• Banque Libano Francaise

• BLOM

• Byblos Bank

• Credit Bank of Lebanon

• Credit Card Services Lebanon

• Credit Libanais

• Federal Bank of Lebanon

• Fransabank

• Intercontinental Bank

• Jordan National Bank

• Lebanon Canadian Bank

• Lebanon Gulf Bank

• The Housing Bank for Trade and

Finance

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Corporate Finance work that covers

several areas:

1. Private Placements:

Valuation and distribution of potential

acquisitions for Institutional, Corporate

and Private acquisition.

2. Acquisition Project Management:

Managing the acquisition process on

behalf of Institutional clients. This

includes the management of legal,

audit and asset due diligences.

3. Business Valuations:

For corporate clients who wish to

evaluate potential value and seek

options for improving it.

4. Feasibility Studies:

Focusing on future value of projects and

risk of diminishing value mitigation.

5. Equity and Debt Structuring:

Identifying suitable fund raising for

clients. In a market that does not have

Venture Capitalists, this is a particularly

unique set of services.

Clients include Institutional Investors,

Corporates, and SMEs.

Contact Us

W: www.6sigmagrp.com

E: ramzi.watfa@6sigmagrp.com

E: peter.verhoven@6sigmagrp.com

T: +971 50 6455781

Suit 405 (a), Liberty House, DIFC District.

P. O. Box 506 825, Dubai, UAE.

Corporate Finance and Business Valuations

A sample of the Engagements to date:

Equity Structuring:

1. Gulf-wide Media Group Consolidation and Merger with third party

2. Investment due diligence on behalf of an investment company in Abu Dhabi

3. Investment due diligence for an IT company in Dubai

4. Investment due diligence for a merger within the media sector in UAE

5. Investment due diligence for an acquisition of a PR company

6. Investment due diligence for a merger within the media sector in Egypt

7. Due diligence on a potential acquisition of an exchange house

8. Purchase due diligence and Project Management of a ready-mix cement producer in Saudi Arabia

9. Sale of a manufacturing company in Dubai

10.Sale of a medical centre in Dubai

11.Sale of a fashion house in Dubai

12.Advisory on sale of Shipping Company

13.Advisory for sale of Logistics and Transportation company

Debt Structuring:

1. Debt structuring for a project in Abu Dhabi

2. Legal due diligence for a company in Abu Dhabi

3. Arranging credit facilities to manufacturing companies in Dubai and Saudi Arabia

4. Arranging a Factoring of Receivables program for a regional telecom company

Scope of Works normally includes:

1. The Company’s business model and sustainability for generating cash flow in future

2. Comprehensive Analysis of Management, Industry and Environment the Company operates in

3. Red flags in terms of the Company’s business model, weaknesses in both quantitative and qualitative criteria

4. Areas of improvement, (i) what the Company can do to improve results in future, (ii) whether management has shown willingness and ability to improve, and (iii) the likely upside in enterprise value as a result of these improvements

5. Corporate Governance and its impact on valuation, and by how (if any) changes at that level will improve results

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RAMZI WATFA – FOUNDER and MANAGING DIRECTOR

Regional Responsibilities: The Middle East

Ramzi is a veteran of the banking industry since 1983. He started his career in the City of London with the Royal Bank of Canada, and was

instrumental in introducing what was then a first class MIS asset management system into its Europe, Middle and Africa region. Ramzi then joined

the marketing team in the UK targeting large UK national companies.

He was later posted to Dubai in 1987, with responsibilities for handling branch operations, and corporate and financial institutions accounts for the

Royal Bank of Canada across the Middle East and Africa. Ramzi joined Citibank in 1995, was posted as Corporate Finance Head and was later

made the Corporate Bank Head for the UAE. In 2002 he left Citi to establish 6 Sigma Management Consultancy.

6 Sigma Management Consultancy then turned into 6 Sigma Financial Consultancy (DIFC) then into 6 Sigma Group, with offices in Dubai, Beirut,

Jordan, Bucharest, and Istanbul. The breadth of services Ramzi has been involved in include:

1. Consultancy for Bankers with a proprietary Road to Basel and Road to IFRS 9 programs, helping banks convert from the traditional IAS

39 world to IFRS 9 and Basel’s IRB universe.

2. Developing a unique and powerful Credit Risk Master system that caters for the entire credit hierarchy in terms of analysis and reporting.

3. Conducting evaluations of companies and financial institutions for both private placement and internal enhancement purposes.

4. Training bankers to become Basel and IFRS 9 decision makers

Ramzi’s geographical responsibilities in the group is to cater to the Middle East region.

Ramzi is a graduate from London University, with a Masters in Management Science from Imperial College, London and a Bachelor in Electronic

Engineering and Computer Science from King’s College London.

PETER VERHOEVEN – MANAGING DIRECTOR

Regional Responsibilities: The Americas and Far East

Peter comes with an extensive financial services experience in core business units, country and regional management. His forte is in developing

strategies that successfully restructure businesses, turning around and refocusing them to ensure profitability and sustainability. Peter is Credit and

Risk tested in four different credit crises (Asia, Middle East and USA) and was awarded Senior Credit Officer (SCO) level II by Citibank.

Peter started his career with Citibank AG in Germany in 1980 and worked for the group in Hamburg, Frankfurt, Houston, San Francisco, Hong

Kong and Brussels. While at Citibank Peter managed relationships with corporates and with financial institutions, most notably the later during

the S&L Crisis of the late 1980s. While in Hong Kong Peter was responsible for several M&A transactions in Korea, Hong Kong and Thailand.

In Brussels Peter was the CCO and responsible for both Belgium and Luxemburg and instrumental in generating numerous investment banking

successes, including premier Belgian IPO (Interbrew) and M&A transactions (Interbrew, Delhaize and others).

In 1990 he joined Deutsche Bank AG as the Director of Strategic Planning in their Singapore Regional Head Office and in 1992 he was made

Deputy Country Manager in Jakarta, Indonesia with the specific task of restructuring the bank’s languishing franchise, the first of many

restructuring assignments in Peter’s career. As CCO and Managing Director, Manila, Philippines from 1994 to 1998 he established Deutsche

Bank’s de-novo Manila Branch, where he successfully launched numerous new business segments.

Peter joined Standard Chartered Bank in 2003 as its Managing Director and Regional Head for South East Asia where he restructured and refocused

the business, leading the way with numerous market first transactions in both traditional as well as investment banking. Leveraging his previous

M&A experience with Citibank Peter was a key member of the Bank Permata acquisition team. Building on his success in turning around the

South East Asian business Peter was assigned as the Managing Director and Regional Head Americas in New York. His achievements there

included expanding the client base, and broadening product cross-sell, achieving revenue growths in excess of 30%.

In the Middle East, Peter worked as the COO for Bank Al Bilad, as Advisor to the CEO of Riyadh Bank and in 2013 he joined KFH as Group

Chief Wholesale Banking Officer where he restructured and rebuilt the group’s wholesale banking business. Peter also wrote the Group Credit

Risk Acceptance Policy, the Policies and Procedures Manual and the Underwriting Standards for the Wholesale Bank.

Since teaming up with 6 Sigma, Peter has advised a bank in the USA, lectured on IFRS 9 to bankers, bankers associations and central banks in

Poland, Romania, Palestine, Jordan and USA.

Peter’s geographical responsibilities in the group is to cater to the Americas and the Far East.

Peter has an MBA in International Finance, University of Dallas, Dallas, TX and a BA in History and Political Science from Dickinson College,

Carlisle, PA, USA. He is married and has two sons. He is fluent in several languages including English, Danish, Dutch, German, Swedish and

Norwegian and functional in French.

RAZVAN IONUT – MANAGING DIRECTOR

Regional Responsibilities: Europe

Razvan joined the 6 Sigma Group in 2018 as the Managing Partner of the Bucharest based 6 Sigma Risk Consultants, a fintech aimed at promoting

both 6 Sigma Group’s services in Europe, and offering a dedicated electronic platform for SMEs as a virtual financial analyst. The latter assists

business owners and managers in credit controlling credit terms to their customers, budgeting and general financing activities.

Razvan has more than 17 years experience in commercial banking. He started his banking career in Banca Comerciala Romana in 2001 (at the time

the leading bank in Romania), later to join the Large Corporate Division of Alpha Bank Romania in 2002. He moved up the ranks to Senior

Relationship Manager handling a portfolio of prime large corporate customers in Romania (Quadrant Amroq Beverages, Mobexpert Group, URBB,

etc.).

In 2005 he joined Bancpost – subsidiary of Eurobank Greece – as Head of Large Corporate – Local Key Accounts and Structured Finance Division,.

During his tenure he managed to double the portfolio in size and expanded in a diverse range of industries both in bilateral lending relationships

and via participation in the most important syndicated loans arranged in the Romanian market at the time (A&D Pharma, Motoractive, Fildas

Trading, ProCredit Bank, RCS&RDS, CFR Marfa, etc.).

In February 2009 Razvan was promoted to Head of the Credit Risk. As CCO he witnessed the Romanian financial crisis unfold, and managed to

successfully reorganized the Division into an effective and efficient elite unit of the Bank. Among his most important achievements includes the

overhaul of the small business banking lending policy, and the introduction of a risk rating methodology in the corporate lending division. Razvan

was also a key contributor to the management of the troubled assets of the bank, being a member of the Troubled Assets Committee.

Razvan was also an important contributor to the preparatory IFRS9 adoption project, having coordinated the required credit policy changes across

all business lines. He was a permanent attendee of the Bank’s Risk Committee, secretary of the Credit Committee of the Bank and exercised credit

approval authority jointly with the heads of the originating business units.

Razvan’s geographical responsibilities in the group is to cater to the European region.

Razvan holds a Bachelor Degree in International Business & Finance from the Academy of Economic Studies in Bucharest. He is a graduate of

the Harvard Business Publishing “Developing as a Leader” executive training program in 2011 and of the Achieve Global “Leadership

Development Program” in 2012.

BASSAM HAYEK – MANAGING DIRECTOR

Functional Responsibilities: Training and Development

With 30 years’ experience in banking, Bassam’s career started in Bahrain in 1976 as Offshore Banking Operations Officer for Citibank covering

all areas of Operations departments. He moved to Athens in 1981 as Systems & Technology Manager, then onto Morocco in 1984 as Country

Systems and Electronic Banking Officer pioneering the Marketing and Sales of EB services to North African corporations. From there he moved

to Athens in 1986 where he was an instructor with the Citibank MEAD Regional Training Center.

He also worked for two years in the National Commercial Bank in New York as the bank’s Controller.

In 1989 he rejoined Citibank as a Program Director in the Citibank-managed Training Center of the Central Bank of Turkey, named CIBS. During

three years, he successfully converted the Turkish Training Center to an International Training address for bankers from 30 different countries.

Bassam returned to New York in 1992 to join the Citibank Global Derivatives Group where he was Head of the Interest Rate Swaps Operations,

then organized the creation and managed the Middle Office group.

He returned to the CEEMEA Regional Training Center in Istanbul in February 1996, which subsequently merged with the European group in 2003.

Bassam retired from the Citibank Europe, Middle East and Africa Regional Training Center based in London where he was the Program Director

for Treasury, Financial Markets, and the Customer training programs.

With over 30 years of experience both in hands on operational and treasury work and training, Bassam became a Managing Director at 6 Sigma

Group responsible for Training and Development activities. His areas of coverage also include HR consultancy work and arranging deliveries to

more than 200 banks, across three continents.

Bassam graduated, with Honors from the American University in Cairo with a B.Sc. in Mathematics, and a specialization in Computer Science.

6 Sigma Team • Ramzi Watfa | Group CEO, 6 Sigma Group, Dubai

• Peter Verhoeven | ED, 6 Sigma Financial Consultancy, Dubai

• Razvan Ionut | MD, 6 Sigma Risk Consultants, Bucharest

• Bassam Hayek | MD, 6 Sigma Training & Development, Dubai

• Daniela Niculescu | Business Associate, 6 Sigma Training Romania and the Balkans

• Diego Folino | Business Associate, 6 Sigma Americas

• Klaus Naderer | CEO SolidGround AG, 6 Sigma’s business partner for Western Europe

• Mona Shibel | Financial Consultant, Dubai

• Louis Adande | Senior Associate, Paris

• Alvaro Quiros | Business Associate Partner, Costa Rica

• Joseph Maalouf | Senior Associate, Beirut

• Gilbert Doumit | Senior Associate, Beirut

• Haluk Ulusoy | CEO, Senior Consultant, Istanbul

• Serpil Yildirim | Senior Consultant, Istanbul

• Samira Khalil | Senior Consultant, New York

• Tarek Asad | CEO, System Development, Jordan

• Reine Abdelsamad | Financial Consultant, Beirut

• Nancy Abou Antoun | Financial Analyst, Beirut

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