|
|
Article: Chicago Comtroller Tariq Malhance Jumps to Islamic Investment bank.
- Article from:
- The Bond Buyer
- Article date:
- November 28, 2005
- Author:
CopyrightCOPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
CHICAGO -- Chicago Comptroller Tariq G. Malhance will end his 24-year career with the city on Dec. 1 when he will retire to take a position at Unicorn Investment Bank, an international Islamic investment bank.
The bank was launched last year in the Kingdom of Bahrain and has been expanding in the United States. Malhance said Wednesday that he will be president of the firm's private equity subsidiary, UIB Capital.
"It was a great opportunity& that I had to take," he said.
Malhance, 59, who emigrated to the U.S from Pakistan in the 1970s, held the cabinet-level post of comptroller in Mayor Richard Daley's administration for the last three years. ...