SHUAA Capital Appoints Atif AlOthri as CEO of Gulf Finance Saudi Arabia
SHUAA Funding p.s.c., the United Arab Emirates-based incorporated financial services Group, today revealed the visit of Atif AlOthri as Chief Executive Officer of its totally possessed Shari'ah certified business financing arm Gulf Financing Saudi Arabia.
Atif offers Gulf Money two decades of experience in the investments and banking sectors, working throughout various organisations, including small and medium enterprises (SMEs),commercial and corporate banking sectors.
His function at Gulf Finance includes leading a team of professionals that are in charge of supplying a vast array of tailor made economic loaning and leasing products and services to SMEs in Saudi Arabia.
Jassim Alseddiqi, Chairman of SHUAA Capital p.s.c. and Gulf Finance Saudi Arabia, said: Gulf Finance Corporation and its Shariah compliant sister company Gulf Finance Saudi are niche providers of financing solutions to businesses in the Gulf. As we forge ahead with the expansion of our various business lines, we are paying particular attention to our presence in the Kingdom during this focal point in its history. With the Kingdom gearing up for the next stage in its economys evolution, Atifs experience and knowledge makes him the ideal candidate to lead our ambitious plans there, and to support not only the growth of the Islamic finance industry, but the Kingdoms finance sector as a whole.
Commenting on his new role, Atif AlOthri, said: "I am pleased to have joined Gulf Finance Saudi Arabia and in-turn, the SHUAA family. These are interesting times for a company like Gulf Money SA, and we see robust demand for funding remedies by energetic and reputable corporates and businesses running in the Kingdom, specifically in the midst of initiatives by the Government to expand and open the economy better, and plans for sectoral privatisation. We waiting to going to the heart of the Kingdom's burgeoning commercial sector.
Prior to joining Gulf Finance, AlOthri was Deputy Head of Corporate Banking at Bank Muscat in Saudi Arabia. Previous functions consist of Regional Head of Corporate Banking at AlAwwal Bank, Head of Business Banking Kingdom-wide at SABB, together with various other leadership and relationship monitoring roles at SABB.
Mr. AlOthri holds a master's degree in business management from the University of Southampton (UK) and a bachelor's level in computer system info system from the University of Detroit (USA).
