Board of Directors

Jassim -Alseddiqi

Jassim Alseddiqi

Chairman

Mr. Jassim Alseddiqi serves as the Chairman of the Board of Directors of Gulf Finance, as well as the Chairman of the Board of its parent company ‘SHUAA Capital psc’. He is also the Managing Director and Chief Executive Officer of Abu Dhabi Financial Group, the new majority shareholder in SHUAA.

Mr. Alseddiqi  is also the Chairman of Eshraq Properties Co PJSC, as well as being a Board Member at First Gulf Bank, GFH Financial Group, Tourism and Development Investment Company, Qannas Investments Limited and Abu Dhabi Capital Group.

Previously, he was the CEO of Abu Dhabi Capital Group. Preceding his tenure in the investment world, he was a noted lecturer at the Abu Dhabi-based Petroleum Institute.

Mr. Alseddiqi holds a Bachelor of Science in Electrical Engineering from the University of Wisconsin- Madison, and earned his Masters of Science degree in Electrical Engineering from Cornell University in the United States. He also has several publications in international engineering journals.

Mustafa -kheriba

Mustafa Kheriba

Board Member

Mr. Mustafa Kheriba is the Group Chief Operating Officer of Abu Dhabi Financial Group, and Executive Director of Integrated Alternative Finance, Abu Dhabi Capital Management Ltd, Integrated Securities, Spadille Ltd, Northacre Plc, Reem Finance, and Injaz Eastern European Property Development Company. Mr. Kheriba also serves as the Member of the Board and Managing Director of Gulf Finance Company.

From driving performance measures to overseeing all deals and transactions, Mustafa is responsible for the overall operations of ADFG and its subsidiaries as well as portfolio companies. Under his guidance, the Group has completed more than 50 deals and rapidly expanded to become an award winning investment and financial services platform with numerous ventures in various international markets.

Well-known as a leading innovator across the region’s financial industry, Mr. Kheriba's expertise lies in directly managing key investments, business development and real estate. He has developed an exceptional understanding of the GCC, Eastern Europe and UK markets having worked as Vice President of Operations & Portfolio Management at Brainnox Investment Management, an in-house private equity division of a German conglomerate based in Dubai. He has also held senior posts in investment companies in the USA and Canada.

In 2015 and 2016, Mr. Kheriba was named among the top 50 MENA Fund Managers at the annual MENA Fund Performance survey. He holds a BA from the University of Toronto, and an MBA from Ohio Dominican University with Magna Cum Laude donors.

Omar -Jaroudi

Omar Al Jaroudi

Board Member

Omar Al Jaroudi, a Saudi national, comes with over 32 years of diversified experience in the fields of commercial and investment banking. He started his career in 1984 with the Saudi French Bank initially in commercial banking and later moved to investment banking.

In 1995, he moved on to help setting up Lebanon Invest, an investment bank which was merged in the year 2000 with Banque Audi SAL after which Mr Al Jaroudi joined SHUAA Capital in March 2007. During this period, he amassed vast and diversified experience, both in the region as well as in Europe, in the areas of investment banking, private equity, asset management, local and regional brokerage, and distribution. He also serves on the board of several companies both in the Middle East and Europe.

Mr Al Jaroudi holds a Master’s Degree in Economics from Syracuse University in New York and a Bachelor’s Degree in Business Administration from the American University of Beirut.

Mr -turki -alnowaiser 175x 185

Turki Alnowaiser

Board Member

Turki is the CEO of Eatpreneurs LLC (A specialized F&B company), Managing Director of AlNowaiser Family Office and a Board Member of several companies. He received his undergraduate degree from The University of Nottingham and a Masters degree from Glasgow Caledonian University in the UK.

Abdulrahman -Tolefat

Abdulrahman Tolefat

Board Member

Dr. Abdulrahman bin Khalil Tolefat, Independent Board Member, serves as the Chief Executive Officer, Managing Director, and Member of Board of Directors at Nomw Capital.

Dr. Tolefat holds a PhD in Islamic Finance from Durham University, an MBA from DePaul University, and a B.Sc in Mathematics from Bahrain University. Dr. Abdulrahman has over 15 years experience in the financial and business sectors especially in Islamic finance, where he held a number of senior positions at the Central Bank of Bahrain (BMA).

In 2008, he held the position of Chief Executive Officer of Allianz Takaful, the global arm of Islamic insurance for German Allianz Group. He was promoted in 2010 as Chairman of Allianz Takaful and led the company to many successes.

At the end of 2011, Dr. Abdulrahman established  Itkan Financial Services Company, a licensed by the Central Bank of Bahrain, with other investors and was appointed as Chairman of the Board of Directors. He led the company's team to structuring specialized financing for real estate projects In Mecca and the establishment of real estate funds and the establishment of many companies in several areas, especially energy and education.

In 2013, Dr. Abdulrahman assumed the position of Managing Director and Chief Executive Officer of Nomow Capital, which was established in Riyadh in 2014 as an integrated investment company licensed by the Capital Market Authority (CMA) to practice various investment and financial activities inside and outside the Kingdom.

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