Shuaa Capital has appointed Mohammad Kamran Wajid to the company’s board as a non-executive director.  

Wajid is currently the chief executive officer of Emirates Financial Services and Emirates NBD Capital.

He replaces Michael Philipp who has retired from his active role as a board director and has been appointed honorary member of the Advisory Board, said a statement.

Sheikh Maktoum Hasher Al Maktoum, executive chairman, said: “The Shuaa Board welcomes Kamran who is a well-recognised 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.”

“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 and senior management would like to thank him for his great service to the company,” he added. - TradeArabia News Service