October 23, 2006 Marfin Financial Group announces today that MFG Capital Partners, the recently formed subsidiary of Marfin Bank in investment management services has received authorization by the Financial Services Authority (FSA) in London, UK.
The objective of MFG Capital Partners Ltd, which is based in London, UK is to provide Investment Management services for institutional investors and high net worth individuals, specializing in the management of Fund of Funds products and the systematic trading of G10 liquid debt instruments. Frederick Dubignon, who has an extensive business background, will serve as Chief Executive Officer of the company.
Mr. Dubignon has formerly held a number of senior positions in Investment Banks. At Dresdner Kleinwort he was Senior Managing Director with responsibility for Global Foreign Exchange/Local Market Sales & e-FX. Prior to Dresdner Kleinwort he served at Bankers Trust Company as COO for Global Foreign Exchange and the Exchange Traded Derivatives businesses. Frederick is a graduate of Royal Holloway College (London) where he read Mathematics and a Fellow of the Association of Chartered Certified Accountants.
The FSA authorization of MFG Capital Partners is strengthening Marfin Financial Group in the international investment management services within the fast growing area of the alternative investments and is also consistent with the strategy of offering to clients high value asset management products managed in the world's leading financial centres.
