Newport Beach, CA (March 27, 2014) – Pelican Point Capital Partners, LLC, announces the appointment of Tony Mahoney as an adviser to its board. “Tony’s extensive background in advising companies primarily in Europe and Middle East on equity and debt financing, M&A and turnaround situations will further our firms Merchant Banking efforts in the EMEA based initiatives,” said Ike Suri, Co-CEO and Co-Founder.
Tony is a seasoned banking leader who spent 27 years at HSBC Group including 5 years as Group General Manager and Head of the UK Network of 1600 branches, 130 commercial, trade and treasury centers, 8 call centers and chaired HSBC Life UK Ltd. He then spent 2 years in Paris as Deputy CEO, HSBC Continental Europe responsible for all activities in 18 countries. While at HSBC he led the acquisition of banks in Malta, Kazakhstan, managed start-ups in Poland, Russia and Georgia as well as asset disposals and restructuring of operations in UK, Czech Republic, Poland, Greece, Ukraine, Hungry and Greece.
Tony was most recently the CEO of Oman’s 3rd largest company, Bank Dhofar. He led the transformation of Bank Dhofar leaving it well on course to become a top bank in the GCC and engineered the proposed merger with rival Bank Sohar which is progressing to plan.
Based in Malta since November 2013, Tony is currently an advisor for the acquisition of a life company, banking operations, specialty finance and factoring companies. Further he is an adviser in trade finance transactions as well as assisting environmental and property companies on their financing needs. Tony’s track record of managing financial services companies and advising global powerhouse clients, his contacts and relationships throughout his career will be a key component for Pelican as we grow our presence in the EMEA region.
“It is great to join forces with a dynamic, solutions focused team with global capabilities. I look forward to using our collective extensive relationships in EMEA to drive Pelican and its partners’ success as we collectively seek to build its businesses via leverage finance, acquisitions and other strategies,” said Tony.