Abu Dhabi: Waha Capital PJSC, a leading investment company in Abu Dhabi (ADX: WAHA), announced today that Ahmed Khalifa Al Mehairi has been appointed in succession to Amr AlMenhali as CEO of the company.
During his tenure as CEO, Amr AlMenhali delivered on a transformational turn-around strategy and mapped out a transition plan designed to build on Waha Capital’s growth trajectory.
Amr AlMenhali will assume a senior role within Abu Dhabi.
Ahmed Khalifa Al Mehairi joins Waha Capital from the Abu Dhabi Investment Council, where he has been a Principal at the Global Special Situations Department. He previously worked in the field of equities investment at Abu Dhabi Investment Authority (ADIA). He is also currently a Board member at Abu Dhabi National Hotels Company. Ahmed Khalifa Al Mehairi will join Waha Capital on 18 October 2020.
Waleed Al Mokarrab Al Muhairi, Chairman of Waha Capital, said: “We sincerely thank Amr AlMenhali for the strong leadership and valuable contribution that he has brought to Waha Capital during his tenure. He presided over a turn-around in the company under volatile market conditions, which has included the initiation of a new investment program and the adoption of an ambitious international growth strategy. Ahmed Al Mehairi brings with him extensive experience and expertise in asset management and investment strategy, and we are pleased to welcome him to lead the company going forward in its next chapter of growth.”
About Waha Capital
Waha Capital is an Abu Dhabi-listed investment company that offers shareholders and third-party investors exposure to high-potential opportunities in diversified asset classes. The company manages assets across several sectors, including healthcare, financial services, energy, infrastructure, industrial real estate and capital markets. Through its Principal Investments division, Waha Capital has established a strong investment track-record, deploying capital in sectors that display robust demand fundamentals and that have been prioritised by governments in the Middle East and North Africa region.
The company has also built a strong capability in managing global and regional credit and equity portfolios, which have enhanced the diversification and liquidity of Waha Capital’s balance sheet. The excellent performance of the company’s principal investments and capital markets portfolios has laid the foundations for the launch of an asset management division aimed at third-party investors.
Established in 1997, Waha Capital benefits from a roster of prominent local shareholders that includes Mubadala Investment Company.
For further information, please visit www.wahacapital.com or contact:
Marketing & Corporate Communications Team
Tel: +971 2 403 9305
© Press Release 2020