Al Ramz Corporation PJSC appoints Yazan Abdeen as CE of Asset Management

Al Ramz Corporation PJSC (ALRAMZ:UH), a leading financial services provider in the UAE, announced today the appointment of Yazan Abdeen as chief executive of its asset management business.Yazan will spearhead Al Ramz's distinguished asset management division, a foundational component of the Group. This boasts an impressive track record and manages a robust portfolio of assets under management. With a comprehensive value proposition that includes fund management, discretionary portfolio management, and tailored family business services, Al Ramz continues to solidify its leadership position in the industry, catering to a growing clientele.Yazan boasts an extensive track record in asset management, having accumulated over twenty years of expertise in the MENA capital markets. He has served in key roles such as CEO of Abu Dhabi Investment Management, Head of MENA Capital Markets at SEDCO Capital, and Fund Manager at ING Investment Management Middle East. Notably, Yazan was instrumental in launching and managing the first MENA equities long/short hedge fund in the Middle East. Yazan has been recognized for his contributions and awarded prestigious titles, including Saudi Asset Manager of the Year, Top-Performing MENA Fund, and Best MENA Fund Launch. He has also been listed multiple times on the MENAFM Power 50 Fund Managers.Bottom of FormMohamad Al Mortada Al Dandashi, Group Managing Director at Al Ramz, stated: "As Al Ramz progresses in its growth trajectory, we are pleased to welcome Yazan Abdeen to our team. Yazan’s experience and strategic insight support our growth goals. We believe that under his leadership, we can address the challenges and opportunities as we continue our development and expansion."Yazan Abdeen, Chief Executive of Asset Management at Al Ramz said: "As I take on the role of chief executive of Al Ramz Asset Management, I recognize the importance of our strategic direction. We aim to partner for growth, invest for value, lead through innovation, succeed through discipline and grow with trust. Our vision includes embracing innovation and intelligence into our business including quantitative offering and digital solutions through the use of advanced technologies as well as expanding our track record to capitalize on market opportunities.Al Ramz Corporation PJSC's appointment of Yazan as the CEO of Asset Management reflects its dedication to enhancing its asset management capabilities and serving its clients effectively. This decision aligns with the Group’s vision for growth in the evolving financial sector.

Al Ramz Corporation PJSC Appoints Two New Group CEOs

Dubai: Al Ramz Corporation PJSC (DFM: ALRAMZ), a leading financial services provider in the UAE, has announced the appointment of two new Group CEOs, as part of its ongoing efforts to strengthen its leadership team. Haisam Odeimeh has been appointed as the new Group CEO for Financial Services, while Karim Schoeib will serve as the Group CEO for Investment Banking.Both senior executives possess significant capital markets expertise and have established client relationships throughout the region. This strategic move aligns with Al Ramz's objective of investing in top talent to offer exceptional client service and is expected to bolster the company's position in the financial services sector and support its strategic growth plans.Commenting on the appointments, Mohammad Al Mortada Al Dandashi, Group Managing Director of Al Ramz Corporation PJSC said, “At this critical stage of our growth, we are delighted to announce the appointment of two exceptional Group Chief Executives. Haisam and Karim have an extensive record in the region capital markets and possess a robust network of relationships. In their new capacity, they will play a crucial role in executing Al Ramz's strategic vision, and I am excited to collaborate alongside them to achieve our maximum potential.”Haisam will be working closely with the Group Managing Director to strengthen the Group's financial services and management consultancy offerings with the objective of assisting client organizations in enhancing performance, remaining competitive and adapting to market conditions.Karim will collaborate closely with the Group Managing Director in his new position to enhance Al Ramz's investment banking business across asset management, corporate finance, market making, prime brokerage and research to generate value for shareholders and stakeholders and propel expansion in key markets.Haisam, formerly the Group Chief Operating Officer, has over 23 years of experience and previously served as the Financial Services Head at KPMG. He led key high-profile transactions, holds a master’s degree in Banking and Finance from Paris Sorbonne University and is a Certified Public Accountant.Karim, formerly the Chief Executive Officer of Al Ramz Capital, brings over 25 years of Investment Banking experience and previously served in several senior positions in leading institutions including Credit Suisse. Karim holds a master’s degree in Banking and Finance from Paris Sorbonne University and is a Certified Wealth Advisor.