Itqan Capital names new CEO

04/04/2017 Argaam

Jeddah-based Islamic investment firm Itqan Capital has appointed Abdullah Farid Shaker as chief executive officer (CEO) and a member of the board of directors, effective as of March 22, 2017, the company said in a statement.

 

Shaker last served as executive director with Deloitte Financial Advisory Services in Saudi Arabia.

 

Itqan signed its first mandate with Saudi Arabian Airlines in 2014, advising on treasury and cash management. 

 

The company unveiled plans in 2015 to develop a sharia-compliant brokerage arm and launch a $200 million private equity fund, according to previous reports.

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