Shuaa Capital chief executive Michael Philipp has stepped down after just six months at the helm of the struggling investment bank, two sources familiar with the matter told Reuters on Tuesday.
Philipp is set to be replaced later on Tuesda
Shuaa Capital has named Michael Philipp as its chief executive officer and a member of the board of directors, effective immediately.
Philipp replaces Sameer Al Ansari who has stepped down from the position.
Sheikh Maktoum Hasher