Gulf International Bank – “Used to be a good bank to work for”

Pros

Small wholesale and investment bank with easy access to the senior management, and good shareholder (Government of Saudi Arabia) when needed

Cons

The bank is very valnerable to the economic downcycles and political issues in the Gulf. The Bank business model is no longer competent as it rely mainly on capital market for funding.

Advice to Senior Management

The new management should listen to its employees. Woring on new strategy should be communicated to the employees and a resolve to the funding problem should be developed.