Finance

Altea Companions Appoints Nawaf AlOtaibi as Leader Government Officer of Altea Companions Saudi Arabia

Altea Companions Appoints Nawaf AlOtaibi as Leader Government Officer of Altea Companions Saudi Arabia

Altea Companions Brand (PRNewsfoto/Altea Companions Crew S.à r.l.)

This partnership and appointment underscore Altea Companions’ dedication to facilitating capital flows in improve of Saudi Arabia’s Imaginative and prescient 2030 transformation time table. Based in 2024, the company operates throughout Europe, the Heart East, and North The us.

Mr. AlOtaibi joins Altea Companions after a decade at BSF Capital (previously Saudi Fransi Capital), the place he maximum not too long ago served as Head of Wealth Control. He brings over two decades of management revel in throughout Saudi Arabia’s monetary products and services sector and is a member of the CFA Institute and the CFA Society Saudi Arabia.

Right through his tenure at BSF Capital, Mr. AlOtaibi constructed one of the vital Kingdom’s main wealth control platforms, advising non-public purchasers, circle of relatives places of work, and institutional traders around the GCC. He led the transformation of the industry from a product-led gross sales style to a completely advisory-driven platform, strengthening its place as a depended on spouse and adorning the standard and intensity of its funding providing.

As CEO of Altea Companions Saudi Arabia, Mr. AlOtaibi will lead the company’s home operations and paintings intently with the wider platform to glue Saudi Arabia and the broader GCC with Europe and North The us, offering aligned capital and depended on recommendation.

“We are delighted to welcome Nawaf to Altea Partners. His standing within the Kingdom’s financial community, his track record in building a leading wealth management franchise, and his alignment with our partnership-driven approach will be invaluable as we expand our presence in Saudi Arabia and the wider region,” stated Henning Behre and Kabir Chhatwani, Co-Founders of Altea Companions.

Mr. AlOtaibi added: “Saudi Arabia’s Vision 2030 is driving a generational transformation and creating a growing need for trusted partners who can deploy and attract capital with discipline and alignment. Altea Partners’ entrepreneurial culture and long-term approach to value creation are precisely what I have been looking for. I look forward to partnering with the team to build Altea Partners Saudi Arabia into a partner of choice for founders, families, and long-term investors.”

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