SHUAA announces new board appointments

SHUAA Capital Sunday appointed Mohammad Kamran Wajid to the company’s board of directors as a non-executive director.
Wajid is currently the CEO of Emirates Financial Services and Emirates NBD Capital. He fills the board seat vacated by Michael Philipp who has retired from his active role as a board director and has been appointed honorary member of the advisory board.
“The SHUAA board welcomes Kamran who is a well-recognized professional within the region’s financial services industry. During his tenure at Emirates NBD, he contributed to the growth of the investment banking business. His experience and knowledge will add credence to our growth plans,” said Sheikh Maktoum Hasher Al-Maktoum, executive chairman of SHUAA Capital.
Kamran joined Emirates NBD in 1998 and has held senior positions during his tenure with the group, including general manager and global head of the financial institutions division, and general manager and head of institutional and international banking and debt capital markets. Prior to joining Emirates NBD, Kamran worked for Mashreq Bank and National Bank of Abu Dhabi in the corporate finance divisions.
Sheikh Maktoum added: “Michael has been an invaluable asset to SHUAA, providing guidance as a board member and supporting the company as interim CEO during its strategic transformation. In his new role as honorary member of the advisory board, Michael’s industry insight and wisdom continues to be available to SHUAA. The board of directors and senior management would like to thank him for his great service to the company.”
Before Michael Philipp joined SHUAA Capital as interim CEO and member of the board of directors, he was a member of the group executive board of Credit Suisse as well as chairman and CEO of Credit Suisse Europe, Middle East and Africa.