Basil Al Ghalayini is the Chairman and CEO of BMG Financial Group. Previously, Basil was the Managing Director of The International Investor Advisory Group in London and with the Investment Management Division of The National Commercial Bank of Saudi Arabia in both Jeddah and London.
Since BMG’s inception, Basil has been participating in the origination and structuring of transactions; equity and debt capital markets. He has originated and lead several Rights Issue, IPO and Private Placement mandates including United Cooperative Assurance Company, AMIANTIT, Med Gulf, Saudi Arabian Cooperative Insurance Company, Trade Union Cooperative Insurance Company, Al-Sagr Company for Cooperative Insurance, and Al-Rajhi Company for Cooperative Insurance, among others.
Recently, he led BMG’s engagement by a Government client for the comprehensive review of the insurance sector in order to arrive at a set of recommendations for the sector’s eventual consolidation.