Malaz Capital enhances management team, appoints new executives

Logo of Malaz Capital 

Malaz Capital has enhanced its management team with the appointment of new investment and administration executives. These appointments are to keep pace with the growth aspirations in Kingdom of Saudi Arabia. The Board of Directors of Malaz Capital appointed Dr. Abdulaziz Jazzar, who is one of its founders, as Chairman. Malaz Capital had also appointed Mr. Hassan Al-Jeshi as Chief Executive Officer in July of this year. Mr. Al-Jeshi brings extensive investment and leadership experience having held several senior executive positions in the investment sector including Head of Equity Capital Markets at SNB Capital, Head of Investment Banking at Samba Capital, and Group Head of the Corporate Finance at Alistithmar Capital.

Malaz Capital has also appointed a number of senior investment and administration executives in the last few months. The leadership of Malaz Capital includes, in addition to Mr. Hassan Al-Jeshi as a CEO, the following executives:

-Mr. Mohamed Wahby, Managing Director Private Equity and Real Estate, Mr. Wahby has more than 28 years of experience in private equity and investment banking. He has led numerous investments and advisory engagements in several sectors throughout the MENA region, having held senior roles in leading regional investment banks and investment companies in Kingdom of Saudi Arabia, Kingdom of Bahrain, United Arab Emirates, and Arab Republic of Egypt.

-Mr. Arun Muralidaran, Head of Private Equity Funds, Mr. Muralidaran has more than 15 years of experience in the field of private equity, mergers and acquisitions advisory and investment banking. Amongst his achievements are the creation of a private equity investment platform in the education sector with a value greater than SAR 1.0 billion and a SAR 1.0 billion investment platform specialized in industrial manufacturing.  This is in addition to managing acquisitions and exits in other sectors including retail and healthcare. His professional career also includes experiences gained working with the international advisory firm KPMG.

-Mr. Mahmoud Ibrahim, Head of Real Estate Funds, Mr. Ibrahim has more than 17 years of experience in investment and real estate funds management. He managed real estate funds with assets under management estimated at SAR 3 billion distributed among several types of real estate funds. These funds include REITs, income generating funds and development funds.

-Mr. Firas Al-Athel, Head of Placement, He has more than 15 years of experience in banking and investment sectors. He previously held several senior positions in Wealth Management and Investor Relations, including Investor Relations Vice President at Shuaa Capital. During his career, he managed more than SAR 5 billion. He also worked with leading banks and investment companies including Alinma, Banque Saudi Fransi and Shuaa Capial.

-Ms. Reham AlSulaimani, Head of Human Resources and Support Services. Ms. Al-Sulaimani previously held senior positions in human resources and administration with several leading companies, including Olayan Finance Company and Dar Al-Arkan Company

-Mr. Malik Zyadat Head of Finance and Operations Department. Mr. Al-Zyadat has more than 25 years of experience, during which he held several managerial positions in a number of financial services companies in the field of investment and funds operations and administration services, as well as accounting and audit in Jordan, United Arab Emirates and Kingdom of Saudi Arabia. He cooperated with international leading service providers in several areas related to investment funds including HSBC, Citibank, Deutsche Bank, Apex Fund Services and Maples Fund Services.

-Mr. Malik earned a bachelor’s of administrative sciences. He is specialized in financial and banking sciences from Yarmouk University. Jordan.

-Mr. Mohammed AlMujalli Chief Compliance Officer and MLRO. Mr. Al-Mujalli has more than 19 years of experience in banking and financial services sector, during which he held several management positions, including 10 years in the field of compliance, anti-money laundering and terrorism financing. He was appointed as a consultant in the Legal Department at Saudi Fransi Capital in 2019. He worked with a team on the project to spin off the investment activities from Banque Saudi Fransi to establish of Fransi Tadawul Company in 2008. He also worked on the project to merge three financial companies belonging to Banque Saudi Fransi to establish Saudi Fransi Capital in 2011.

Malaz Capital Board of Directors is composed of highly experienced directors. The shareholders of the company are distinguished by their local and international developmental, roles. The Board of Directors is comprised of:

- Dr. Abdulaziz bin Abdullatif Jazzar, Chairman

- Mr. Fehr bin Hisham Nazer, Deputy Chairman

- Mr. Ahmad bin Mohammed AlSari, board Member

- Dr. Khalid bin Mohamed AlSulaiman, board Member

- Eng. AlWaleed bin Abdulrazzaq AlDryaan, board Member

- Mr. Mohamed bin Moudrek AlSarraj, board Member

Chairman of Malaz Capital, Dr. Abdulaziz Jazzar, stated that the management changes made by Malaz Capital reflect the belief of the company's shareholders and members of the Board of Directors in the promising growth in investment opportunities witnessed by the Kingdom of Saudi Arabia as well as enhances the role of Malaz Capital in contributing to the realization of the Kingdom's 2030 vision.

The CEO of Malaz Capital, Mr. Hassan Al-Jeshi, commented that the investment opportunities available in Saudi economy are diverse, and that the investment environment in the Kingdom is very promising as indicated by the presence of strong and attractive sectors for investors, in addition to the active and supportive role of the regulatory authorities, especially within the umbrella of Capital Market Authority licensed funds, and the growth of available exit opportunities that ensures integration of the investment cycle.. Al-Jeshi also pointed out that private equity funds play a significant role in adding value to the companies and the projects in the Kingdom and contribute to the development of the capital market by providing financing solutions and increasing and initial public offerings (IPOs).

Malaz Capital was established in 2008 and is licensed by the Capital Market Authority (CMA) to manage and operate investment funds. Malaz Capital specializes in private equity and real estate investment funds.