NCB Capital, a Saudi Arabia-based asset manager and investment banking firm, has appointed Sarah Al-Suhaimi as its new CEO.
Al-Suhaimi will replace Tariq Linjawi, who had been acting CEO of the unit.
Al-Suhaimi has joined NCB from Jadwa Investment where she served as head of asset management and CIO. She has joined Jadwa in 2007 and has also served as head of portfolio management.
Prior to this, she had spent five years at Samba Financial Group, where she served a senior role in their asset management team managing high-net-worth and institutional portfolios.
Mansour Al-Maiman, chairman of NCB Capital, said: "Al-Suhaimi is a highly-experienced investment professional, with a proven track record of successful leadership in the industry. She has played a pivotal role in launching award-winning funds and growing asset management businesses.
"We would also like to thank Tariq Linjawi for his commitment to managing the firm through a period of transition."
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By GlobalData