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 8375 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
Catrice Launches Limited Edition About Tonight Collection for Ramadan 2024 [24561-Views]
SHEGLAM Unveils Exclusive Ramadan ‘Lunar & Stellar Box Set', across GCC countries. [22633-Views]
2023 Safest Year for Flying By Several Parameters [21232-Views]
Progress Report: Sustainability, Digitalization and Safety in Air Cargo [20036-Views]
F-16 Block 70 Jets Set Off on Historic Ferry Flight to Bahrain: A New Era in Air Defense [19920-Views]
Eid Gift Guide – Fragrance Edition [19080-Views]
Al Haramain Group shares its business growth by hosting UAE's largest Iftar for 5,000 people as it e... [15409-Views]
Watches & Wonders 2024 Unico: Hublot's Manufacture Calibre [14846-Views]
Show appreciation with Dyson's innovative gifts this Mother's Day [14437-Views]
flydubai adds two destinations in the Kingdom of Saudi Arabia [14239-Views]
TCL Unveils World's Largest QD-Mini LED TV in Dubai [13725-Views]
Response Plus Holding Net Profit surges 68% to AED 49.39 million during 2023 [13482-Views]
U By Emaar Announces International Expansion with Prestigious New Venue at Address Jabal Omar Makkah... [12943-Views]
Saudi Consumers can now sleep better with help from a New Natural & Non-Habit forming Aid for Sleep ... [12361-Views]
Bremont introduces a new generation of its Supermarine diving watch series [12317-Views]
Marking a historic achievement, non-oil activities reached 50% of Saudi Arabia's Real GDP in 2023 [12169-Views]
Regent and InterContinental hotels to open in the King Abdullah Financial District (KAFD) [11801-Views]
Address Jabal Omar Makkah Invites you to Escape to a Realm of Tranquillity and Luxury [11586-Views]
Saudi Arabia Champions Transparent Pandemic Response at G20 Health Ministers' Meeting [11462-Views]
Asm Global Appointed Managers of kafd Conference center in Riyadh, Saudi Arabia [11448-Views]
 
RSS Facebook Twitter LinkedDin SaudiArabiaPR.com on Instagram
 
Top Sections
 
Top Stories