President Bush Selects CACH Founder as Special Envoy to the OIC - Sada Cumber to Serve as U.S. Representative to Islamic Conference
CACH Capital Management, LLC, announced today that the firm's founder, Sada Cumber, has been appointed by President George W. Bush to be the Special Envoy to the Organization of the Islamic Conference (OIC). Mr. Cumber will assume his duties effective March 3, 2008.
Austin, Texas (PRWEB) February 29, 2008 -- CACH Capital Management, LLC, announced today that the firm's founder, Sada Cumber, has been appointed by President George W. Bush to be the Special Envoy to the Organization of the Islamic Conference (OIC). Mr. Cumber will assume his duties effective March 3, 2008.
Sada is appointed as the chief U.S. representative to the global Islamic community at a time when sovereign wealth funds of many Muslim countries have been pouring into the United States. Cumber's background at CACH Capital will give him a keener insight into how such economic integration affects the political and cultural relationship between the U.S. and the Muslim world.
Mr. Cumber will serve as the American representative to the OIC and strive to "promote mutual understanding and dialogue between the United States and Muslim communities around the world."
Former Texas Secretary of State Geoffrey S. Connor, CACH Chairman; Michael J. Hundley, President and CEO of CACH; and Al Amlani, CTO, founded the wealth management firm along with Mr. Cumber. The remaining three founders along with the executive team will manage the company in Mr. Cumber's absence.
"Sada and his wife Muntaz are dear friends, and I couldn't be happier for them," states Connor. "The nation is fortunate that Sada Cumber is willing to serve in this important position."
Prior to his appointment, Mr. Cumber's litany of successes include founding 11 technology companies and most recently, CACH Capital Management, a wealth management firm based in Austin, Texas. His business acumen, expertise in global strategy and political insights make him a powerful corporate leader.
"I know Sada as an insightful, fair-minded and decisive leader who will make an excellent liaison to the OIC," comments Hundley. "Although he has been an American citizen since 1986, Sada was born in Pakistan. He understands the Islamic community as well as the common political, economic and social concerns that could join the American and Muslim cultures."
Mr. Cumber served on numerous boards of Texas-based and international organizations, including the Board of Directors of the Texas Economic Development Board (a $300 million fund), the Texas Emerging Technology Fund (a $200 million fund), the 15th World Congress on Information Technology, the Texas Business Council and the Governor's Task Force on Higher Education. Until recently, Mr. Cumber also served as the Honorary Consul of the Republic of Malta in Austin.
Mr. Cumber has been asked to promote effective dialogue among the world's religious communities. He has served on the Board of Directors for the Texas Foundation of Religious Studies and the Advisory Council for the College of Fine Arts at the University of Texas.
Sada Cumber is the first U.S. ambassador to the intergovernmental organization, which promotes Muslim solidarity in social and political affairs.
About CACH Capital Management, LLC
CACH Capital Management, LLC, a Texas-based global wealth management firm, sets the new standard in wealth management, managed portfolios, global hedge funds and business advisory services. CACH maintains a sharp focus on disciplined investing to achieve high levels of performance for its clients, which include institutions, mid-market businesses and high-net-worth individuals. The firm has established an impressive track record of performance in both private and public endeavors benefiting their investors and clients.
Each CACH team member has been selected for the specialized expertise he brings to the firm. The human capital of CACH Capital represents over 50 years of investment experience and over 100 years of combined expertise in the business, legal and financial fields. All CACH Capital members share an intense commitment to accountability, communication and transparency to the firm's clients.
For more information, visit www.CACHCapital.com
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