Riyadh
Squire Patton Boggs, a leading legal practitioner in Saudi Arabia, has appointed banking, Islamic finance and financial services regulatory expert Ahmed Butt as a partner in its Financial Services Practice based in its Riyadh office. Butt joins from Simmons and Simmons, where he established that firm’s Riyadh presence, headed its Middle East banking practice and led its Saudi Arabia practice. Specializing in both conventional banking and Islamic finance, Butt advises lenders and borrowers on syndicated financings with cross-border security, including real estate finance, construction finance, asset finance, trade finance and interbank liquidity loans. Butt was previously a founding member of Hogan Lovells’ Dubai office, also practising in its London office, as part of its transactional banking and Islamic finance teams, and was seconded to Standard Chartered Bank in Dubai as senior legal counsel in its Wholesale Banking and Islamic Banking divisions in 2011. “We are delighted to welcome Ahmed as another great addition to the firm,” said Khalid Al-Thebity, Squire Patton Boggs’ Saudi head. “Ahmed is highly regarded in the region for his Islamic finance and broad banking experience.—TradeArabia News Service
