Khalid Al Jassim Appointed as Executive Chairman of Wahed MENA
Portfolio - People | Nov 25, 2024 | EIN
Wahed, a global Shariah-compliant fintech company, announced the appointment of Khalid Al Jassim as Executive Chairman for its MENA operations. Khalid, with over 25 years in investment banking and corporate advisory, has held leadership roles at SABIC, Arthur Anderson, and Arcapita Bank, and currently leads Afkar Vision, a private advisory firm specializing in M&A. Along with his new role at Wahed, Khalid serves on boards of Bahrain Islamic Bank and SICO Bank and Capital in Saudi Arabia. His expertise is expected to accelerate Wahed's growth in the Islamic finance sector across the MENA region.
Sectors
- Fintech
- Investment Banking
- Islamic Finance
Geography
- MENA – The appointment of Khalid Al Jassim is focused on Wahed's operations in the Middle East and North Africa region.
- Bahrain – Khalid's previous roles and board memberships are significantly tied to Bahrain.
- Saudi Arabia – Khalid holds board positions in Saudi-based financial institutions, indicating his regional influence.
Industry
- Fintech – The article discusses Wahed, a fintech company, which operates in the financial technology space with a focus on Shariah-compliant solutions.
- Investment Banking – Khalid Al Jassim's background in investment banking is relevant as it highlights his extensive experience that he brings to Wahed.
- Islamic Finance – Wahed is a global Shariah-compliant fintech, emphasizing the growing importance and development of Islamic finance in the MENA region.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wahed | Target Company | Company | A global Shariah-compliant fintech company focused on Islamic finance solutions. |
| Khalid Al Jassim | Executive Chairman | Person | Appointed as Executive Chairman of Wahed MENA; experienced in investment banking and corporate advisory. |
| Bahrain Islamic Bank | Board Member | Company | An Islamic bank in Bahrain where Khalid serves as Chairman of the Audit Committee. |
| SICO Bank | Board Member | Company | A Saudi asset manager where Khalid holds a board position. |
| SICO Capital | Board Member | Company | A part of SICO Bank in Saudi Arabia, indicating Khalid's further involvement in regional finance. |