NCB Capital appoints acting CEO

NCB Capital, a major provider of wealth management services in the GCC and claimed to be Saudi Arabia’s largest asset manager, has appointed Tariq Linjawi as acting CEO following the decision of Jawdat Al-Halabi to leave the firm. Following a successful career over a number of years at both NCB and NCB Capital, Al-Halabi is leaving to pursue other career opportunities.
Tariq Linjawi, most recently head of wealth management, brings over 10 years of experience in the NCB group, having previously held senior positions in many areas, including strategy, consumer, investments, private banking and brokerage.
Commenting on his appointment, Mansour Al-Maiman, chairman of NCB Capital, said: "We are grateful for the leadership that Jawdat has brought to the firm, helping it to become the largest asset manager in the Kingdom. We wish him well in his future endeavors. I am pleased that his successor comes from within the organization and offer Tariq our congratulations. He will bring a renewed focus and energy in driving our strategy for further growth."
NCB Capital is described as the largest asset manager in Saudi Arabia, with SR46 billion ($12 billion) and offers its client the full range of investment services, including award-winning funds. It was recently voted No. 1 in economic research and in five sectors by Euromoney and also Wealth Manager of the Year by Global Investor magazine.