SICO Capital, a prominent investment banking entity in Saudi Arabia, has welcomed Bassam Abdulaziz Noor as its new chief executive officer.
With a spectrum of financial services under its belt, SICO Capital operates under the regulatory auspices of the Saudi Capital Markets Authority, catering to a diverse clientele that includes individuals, institutions, and corporations.
Noor, a veteran in the investment and management fields, brings with him over twenty years of international and regional expertise.
In his preceding tenure as chief investment officer for alternative investments at Derayah Financial, Noor was instrumental in augmenting the firm’s assets under management, reflecting his strategic acumen and capacity for fostering financial growth.
His previous engagements include pivotal roles at esteemed institutions such as Al-Rajhi United, Arcapita Bank, and Gulf International Bank. These positions have highlighted his ability to navigate and thrive in a variety of financial settings.
Noor’s educational credentials are equally impressive, with double bachelor’s degrees with honors in finance and management information systems from the University of South Florida. As a chartered financial analyst charter holder, he further solidifies his commitment to professional development and excellence in the finance sector.
Embracing his new leadership role, Noor expressed his enthusiasm: I am honored to join SICO Capital and become part of SICO, an established regional asset manager with a long and successful track record in several markets. I look forward to working with the board of directors and the team and am confident in our ability to achieve our growth plans and establish strong relations with our clients, I have complete trust in the company’s abilities and resources to leverage significant investment opportunities stemming from Saudi’s Vision 2030.