Michael Grifferty

Michael Grifferty is a prominent figure in the Gulf region's financial industry, serving as the President of The Gulf Capital Market Association (GCMA).12 Here's an overview of his background and role:

Professional Background

Michael Grifferty founded and currently leads the GCMA, which was formerly known as The Gulf Bond and Sukuk Association.1 The organization rebranded in 2022, expanding its focus from bonds and Sukuk to include equity markets as well.2

Career Highlights

International Experience::

• Served as an advisor for the US Treasury on sovereign debt and bond markets, providing guidance to over forty countries and regional organizations1
• Consulted extensively for the International Monetary Fund and Arab Monetary Fund1

Prior Roles::

• Senior vice president at Government Finance Associates, offering financial advisory services to US state and local governments1

Education

Grifferty holds degrees from:

• New York University in Public Finance
• Georgetown University in International Relations1

GCMA Leadership

As President of GCMA, Grifferty leads an organization that:

• Represents the Arabian Gulf debt and equity markets
• Comprises leading banks, law firms, issuers, ratings agencies, and service providers in the region
• Plays a crucial role in developing capital markets in the Gulf12

Expertise and Influence

Under Grifferty's leadership, GCMA:

• Works with governments, central banks, and regulators to strengthen markets
• Sets market practices and facilitates communication with the global investment community
• Coordinates with global and regional financial institutions like the IMF, World Bank Group, and Islamic Development Bank2

Personal Skills

• Native English speaker
• Speaks French and Russian1

Michael Grifferty's extensive experience and leadership position make him a key figure in the development and representation of capital markets in the Gulf region.