Wissam Haddad Takes Helm as CEO of SICO Capital
Company - People | May 06, 2025 | EIN
Wissam Haddad has been appointed as the Chief Executive Officer of SICO Capital, a wholly-owned subsidiary of SICO BSC, effective May 5, 2025. SICO is a prominent regional asset manager, broker, and investment bank with a strong presence in Bahrain, Saudi Arabia, and the UAE, managing over USD 7 billion in assets. With over two decades of experience in investment banking, private equity, real estate, and corporate finance, Wissam Haddad has been a pivotal figure at SICO, particularly during his tenure as the Group Head of Investment Banking. His leadership contributed significantly to SICO's stature as a leading investment bank in Bahrain, evidenced by the division's substantial revenue growth and execution of key transactions like IPOs and M&A deals. As the CEO of SICO Capital, based in Riyadh, Wissam aims to elevate the company's standing in Saudi Arabia's burgeoning financial markets through comprehensive asset management, investment banking, and brokerage services.
Sectors
- Investment Banking
- Asset Management
- Brokerage
Geography
- Saudi Arabia – SICO Capital operations and leadership change discussed in the article are based in Riyadh, Saudi Arabia.
- Bahrain – SICO BSC, the parent company, has a significant presence in Bahrain, influencing the strategic direction discussed.
- United Arab Emirates – SICO's broader operational presence in the UAE contributes to its regional strategy and support structure.
Industry
- Investment Banking – The article pertains to SICO Capital, a firm providing investment banking services, highlighting key industry engagements and leadership expertise.
- Asset Management – SICO, as a regional asset manager with significant AUM, is central to the article, emphasizing their services and strategic positioning.
- Brokerage – The mention of brokerage services provided by SICO Capital identifies this as a relevant industry sector.
Financials
- USD 7 billion – Assets under management by SICO, indicating the firm's size and market presence.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Wissam Haddad | Chief Executive Officer | People | Recently appointed CEO of SICO Capital with 22 years in investment banking and finance. |
| SICO Capital | Target Company | Companies | A full-service investment banking firm based in Riyadh, Saudi Arabia. |
| SICO BSC | Parent Company | Companies | Regional asset manager and investment bank headquartered in Bahrain. |