Shuaa Capital, a premier financial services company in the UAE, has appointed Fawad Tariq Khan as its new general manager.

Khan brings more than a decade of experience in private equity and debt advisory and investment roles spanning the Middle East and Europe, said the company in a statement.

He takes up his new role with immediate effect, following the departure of Houssem Ben Haj Amor due to personal reasons.

Jassim Alseddiqi, the chairman of Shuaa Capital, said: "With Shuaa Capital now back on the path towards sustainable profitability, I am delighted to welcome Khan to the team. His wealth of talent and experience makes him an exceptional appointment to lead the firm through the next phase of its journey."

"On behalf of Shuaa Capital, I would like to thank Houssem for his exemplary service and valuable contribution to the firm during his ten year tenure, and we wish him every success in the future," he added.

On his new role, Khan said: "I am hugely excited about the opportunity ahead. As the firm steadily returns to the forefront of the region’s financial services sector, I look forward to working with the team to build on the Shuaa Capital legacy and to deliver further success in the future."

Fawad joins from Abu Dhabi Financial Group (ADFG), where he led the investments team and focused on devising and implementing alternative investment strategies. He was also the head of Integrated Alternative Finance, the debt platform of ADFG.

He began his career with Deloitte in London focusing on strategy consulting and financial advisory for clients across the UK and mainland Europe.-TradeArabia News Service