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Two Seas Trust Officially Joins Elian Brand

Elian has agreed terms to buy SFM Europe, a leading provider of corporate services with more than EUR1 trillion of assets under administration. The purchase of SFM Europe will increase Elian's head count by 115, to 640 employees, significantly expanding the company's European footprint and enhancing its corporate services and structured finance offering. On completion of the deal, which is subject to regulatory approvals, SFM Europe will operate as a separate division of Elian. (PRNewsFoto/Elian) (PRNewsFoto/Elian)

News provided by

Elian Middle East

Feb 07, 2016, 10:05 ET

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MANAMA, Bahrain, February 8, 2016 /PRNewswire/ --

Two Seas Trust has rebranded as Elian Middle East. Joining the Elian brand provides the company with a solid platform from which it can continue its strong growth.

     (Logo: http://photos.prnewswire.com/prnh/20150902/263129LOGO )

The decision to rebrand was unanimous between the joint venture partners, Keypoint and Elian Fiduciary Services (Jersey) Limited.

The day-to-day operations of Elian Middle East will continue as normal, including interactions with both joint venture partners and clients, including institutional clients and high net worth families in Bahrain and the wider GCC region.

Bashar Bazian, CEO of Elian Middle East, said: "Two Seas Trust has built a strong presence in Bahrain and the GCC region since its launch in 2008 and we're pleased to officially bring the company under the Elian fold. Sharing the Elian name and leveraging its global presence will help Elian Middle East to achieve its ambitious plans to grow its trust and corporate services offerings. Elian Middle East is a combination of international experience and local understanding of the GCC market."

The first company licensed by the Central Bank of Bahrain to provide trust services in the Kingdom of Bahrain, Elian Middle East provides trustee and trust administration services to a wide range of structures including structured finance and securitisation, Islamic finance, charitable trusts, employee incentive plans, REITs and funds.

About Keypoint  

Keypoint is one of the GCC's most comprehensive professional business services providers to financial institutions, corporations and family managed conglomerates.

About Elian  

Global specialists in Corporate Services, Fund Services, International Finance and Private Wealth, Elian is setting new industry standards by challenging standard practice. From technical skills and market understanding to the personalised service we give our clients, we are relentless in our pursuit of excellence.

http://www.elian.com

SOURCE Elian Middle East

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