Khaled El-Marsafy Elected to BPL Global Board

NAW Staff, Friday 08 February 2008 - 10:08:56

BPL Global Ltd., a smart-grid technology company, has appointed Khaled El-Marsafy as a board member.

El-Marsafy currently serves as the general manager of Al-Deera Holding Co. in Kuwait. In his role at Al-Deera, El-Marsafy is responsible for implementing the firm's short-term and long-term growth plans by strategically investing in private and public companies around the world.

"BPL Global is one of the few companies operating on a global scale to address the critical market needs for improved efficiency and reliability in the utility sector," says El-Marsafy. "The company has demonstrated strong growth with leading-edge smart-grid software, a well-designed business model and, most importantly, a world-class management team."

El-Marsafy has more than 16 years of experience in the global financial markets and investment-banking sector. He has worked at a number of investment firms, including Fletcher Asset Management, a New York-based PIPE Hedge Fund where he spent more than four years structuring the company's private equity investments in public companies across various sectors. Prior to that, he spent more than four years with Union Bank of Switzerland, where he was a product manager and risk controller in the bank's equity trading group.



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