Sedco Capital names new fund manager
Jeddah, February 12, 2014
Sedco Capital, a Saudi Arabian asset manager and leading provider of shariah-compliant investment solutions, has appointed Yazan Abdeen as its fund manager.
In his new role, Abdeen will provide clients with a fundamentally based investment process managing equities, sukuks and money market funds across Arabian regional markets.
He will also be responsible for building out the investment team which focuses on the region among these asset classes and will provide additional client segments as well as further growing the firm’s investment management capabilities.
Hasan Al-Jabri, CEO, said: “As we continue to grow our investment management business, we are assembling a team of top talent to create industry-leading shariah compliant products, and we are delighted to have Yazan on board.”
“The appointment of such a seasoned industry player will play a critical role in further building on our success in this rapidly growing and evolving space and will play a pivotal role in Sedco’s regional strategies, and in particular developing investment management solutions that are second to none.” - TradeArabia News Service