SaudiArabiaPR.com, Online Press Release from Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking
 
Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking

RIYADH, January 23, 2023: Lazard Ltd (NYSE: LAZ) today announced the appointment of Wassim Al-Khatib as Chief Executive Officer (CEO) of the firm’s Financial Advisory business in the Middle East and North Africa (MENA), and CEO of Lazard Saudi Arabia, subject to regulatory approval. Wassim Al-Khatib will be based in the Riyadh office, which will serve as Lazard’s regional MENA Investment Banking hub. 


'We are pleased to have Wassim join us as CEO of our MENA Investment Banking business,' said Peter Orszag, Chief Executive Officer of Financial Advisory at Lazard. 'With his extensive experience and proven track record, Wassim will work alongside MENA Chair Sarah Al-Suhaimi in leading our Riyadh office to continued success and in expanding Lazard’s engagement with clients in the region.”


“Wassim has played decisive roles advising on many important transactions in MENA. He is a talented and well-regarded professional and his appointment means that we now have ample capacity to service our clients in the region,” said Sarah Al-Suhaimi, Chair of Lazard’s Financial Advisory business in MENA.
“I am happy to join Lazard and to lead the Investment Banking and Financial Advisory business in the Middle East and North Africa. Building on the firm’s exceptional depth of expertise across industry sectors and geographies globally, as well as its strong commitment to the MENA region, we are ideally positioned to provide the best possible support to our local clients and to international companies looking to expand in the Middle East and North Africa,” said Wassim Al-Khatib. 


Wassim Al-Khatib was previously Chief Executive Officer and a board member of Citigroup Saudi Arabia. He earlier served as Managing Director and Head of Investment Banking at NCB Capital where he participated in and led major market transactions in the Saudi and international markets. Wassim Al-Khatib has also been the Vice Chairman of the Arranging and Advising Committee of Saudi Arabia’s Capital Markets Authority since 2021.


Posted by : Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina PR Network Editorial Team
Viewed 6271 times
PR Category : Banking & Investments
Posted on : Monday, January 23, 2023  2:04:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of SaudiArabiaPR.com.
Previous Story : Arab Bank Group Reports Net Profits of $544.3 million for 20...
Next Story : Saudi Arabia's Minister of Economy and Planning highlights K...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Xiaomi Opens Flagship Store in the UAE at Dubai Mall [6826-Views]
Seasonal Pieces from Pandora [6599-Views]
A Celebration of All Mothers [5592-Views]
Chery, Leading the Future in Technology, debuted at the Shanghai Auto Show [5028-Views]
MAISON LUXE, Welcomes Perrelet's Limited-edition Turbine Poker Collection [4359-Views]
Unleash Your Summer Glow with CATRICE's Spring/Summer Collection [4307-Views]
UAE Ratification of MP14 Boosts the Global Fight Against Unruly Passengers [3920-Views]
Airbus Reports First Quarter (Q1) 2023 Results [2976-Views]
Hotpack to Build SAR 1 billion Packaging Production Plant in KSA over Seven Years [2809-Views]
Formula E'S Global Epsorts Sim Competition is Back with New Influencer-Led Spinoff Series [2230-Views]
Formula E Rookies Prove Next Generation Is Ready for Gen3 Racing [2214-Views]
Formula E Double-Header in Berlin as Germany Dominates Standings - How to Watch the 2023 Sabic Berl... [2121-Views]
Google Launches a Short Video Series on Social Media to Promote Tourism in Saudi Arabia [2109-Views]
Saudi Airline Catering Chef Takes the Scene at TUTTOFOOD Winning the Final of The Dates Connection [1993-Views]
Formula E's Gen3 Race Car is made for Monaco - How to Watch the 2023 Monaco e-prix [1949-Views]
Nick Cassidy Powers through the Pack to Win Second Race in 2023 Sabic Berlin E-Prix Double-Header [1898-Views]
Introducing the Isle of Man TT Limited Edition: Discover the New 43mm Chronograph [1885-Views]
Swarovski® Embellished Legacy Label, Rizwan Fashion, Launches an Array of New Eid Accessories [1879-Views]
Formula E Rookies Prove Next Generation is ready for Gen3 Racing [1825-Views]
Maserati's Max Gunther Powers around Monaco [1805-Views]
 
RSS Facebook Twitter LinkedDin SaudiArabiaPR.com on Instagram
 
Top Sections
 
Top Stories