Waha Capital names new CEO

Veteran banker Amr Al Menhali has been appointed as the new chief executive of Abu Dhabi-based investment firm Waha Capital.

He will take up his new role in September having built up a 20 year career at a number of UAE-based banks.

Currently Al Menhali sits on the boards of a number of financial services companies in addition to his position as a board member of the UAE Banking Federation.

His appointment was welcomed by Waha Capital chairman, Waleed Al Mokarreb Al Muhairi, who said “the board looks forward to working closely with Amr to deliver the company’s growth strategy, which remains focused on further developing and diversifying the company’s investments to deliver long-term value to shareholders”.

Al Menhali also said he was looking forward to “leading the company on its next phase of growth, which will involve helping to create additional value at its current investments, seeking attractive new opportunities and building a solid asset management offering for third-party institutional investors”.

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