London & Capital Group and Waverton IM complete merger. Source: Shutterstock

Wafik Ben Mansour has been appointed as the acting CEO of Shuaa Capital, the asset management and investment banking platform.

In order to build a developing platform and take advantage of market opportunities in the United Arab Emirates and the surrounding area, Mansour will oversee the next stage of SHUAA’s capital optimisation process.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Mansour, who spent a span of 15 years as a managing director at Credit Suisse, joined SHUAA in May 2023 to head up its capital markets and advisory division, which provides institutional clients throughout the Middle East and North Africa with services. 

Fawad Tariq Khan has chosen to resign as CEO of the group after more than ten years of service, due to personal reasons.

Khan’s time was marked by devotion and commitment to the business during his tenure.

Fadel Al Ali, chairman of SHUAA Capital, commented: “The board of directors welcomes Wafik to his new role and looks forward to working with him and the wider management team to deliver the next chapter of SHUAA’s growth. We thank Fawad for his dedication to the company and continued contribution over the coming months. As the capital optimisation plan moves forward, we are confident in SHUAA’s ability to leverage the firm’s operational strengths to deliver sustainable growth.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“I am honoured to assume the role of acting CEO at SHUAA Capital, and I am excited about the business opportunities that lie ahead both in the UAE and regionally. I will be closely working with the board and management team to charter a new course for the company, one that prioritises excellent client service, sustainable growth and shareholder value while simultaneously enhancing balance sheet efficiency,” added Mansour.