Alkhair Capital Appoints New Senior Portfolio Manager

Alkhair Capital Saudi Arabia announced that Mr. Youssef Kassantini has joined the Company in the capacity of “Senior Portfolio Director” within the Asset Management Department of the Company based on his 35-year professional experience in the financial services industry in Saudi Arabia and abroad.

Mr. Khalid Al-Mulhim, Managing Director and Chief Executive Officer of the Company, welcomed Mr. Kassantini and expressed his pleasure of Mr. Kassantini’s joining the professional team, which was considered a valuable addition due to his reputation, wide knowledge, and extensive professional experience in the international financial markets where he will manage private portfolios for AlKhair Capital’s clients who are planning to invest in the Saudi Stock Market as well as Regional and International markets.

Alkhair Capital Saudi Arabia is a financial company licensed by the Saudi Capital Market Authority. It was established in 2009 and is headquartered in Riyadh and has just inaugurated its new branch office in Jeddah. The Company’s capital was recently raised to SR 1 billion. The Company operates in accordance with the regulations issued by the Capital Market Authority in the Kingdom of Saudi Arabia covering all its activities including Asset Management, Arranging, Advisory and Brokerage.