Dr. Ahmed Ali Attiga, Chief Executive Officer
Dr. Attiga’s career and experience span over 25 years in investment management, development finance, private equity, research and teaching. He recently started his new role as CEO of Arab Petroleum Investment Corporation (APICORP). Before joining APICORP he was with the International Finance Corporation (IFC), the private sector arm of the World Bank Group and the largest global development Institution focused on private sector in emerging markets. He was responsible for investment and advisory services activities in the Middle East, overseeing an investment portfolio of over US$2.7 Billion and an advisory program of about US$200 Million.
Dr. Attiga has served at the Board of Executive Directors of the World Bank Group in Washington, D.C as well as a Manager of a Private Equity fund for the State of Wisconsin in the United States of America. He also advised Saudi Arabia’s Public Investment Fund (PIF) on privatization and restructuring strategies. In his early career, he held a teaching and research positions at the University of Wisconsin-Madison and Kuwait Institute for Scientific Research.
Dr. Attiga is a board member of the Emirates Development Bank and has served on the Royal International Commission to evaluate Jordan’s Privatization Program. He is a Trustee of the Al Aman Fund for the Future of Orphans, chaired by Her Majesty Queen Rania Al-Abduallah, and a member of the Arab Thought Forum among many other various professional affiliations.
Dr. Attiga, holds three graduate degrees from the University of Wisconsin-Madison: Ph.D. in Finance & Development, MBA, and M.S in International Economies. He obtained his BA in Economics (Summa Cum laude) from Kuwait University.
Dr. Sherif Ayoub, Chief Financial Officer
Dr. Ayoub, Chief Financial Officer at APICORP, has over than 20 years’ experience in the financial sector. He held several senior roles at the Islamic Development Bank (IsDB) at the Africa Department, the Islamic Corporation for the Development of the Private Sector, the Islamic Financial Services Department. He was seconded to the Islamic Financial Services Board (IFSB) in Kuala Lumpur, Malaysia where he served as Assistant Secretary General. Mr Ayoub also worked at A.T. Kearney, the US Government, the United Nations, and the World Bank.
He has a PhD in Finance from Edinburgh University, a Master’s degree from Columbia University and Bachelor’s degree from Baldwin Wallace University. Dr Ayoub is also a CFA Charter holder and a Certified Public Accountant (CPA).
Bennie Burger , Managing Director, Investments
Mr. Burger has 24 years’ experience in the financial services industry. He previously held a wide range of roles at The Standard Bank (at various times between 1990 and 2007), most recently as Regional Director: Corporate and Investment Banking for Southern Africa and Sector Head for Construction and Infrastructure. Between 1998 and 1999 he was a Team Leader: Commercial Banking at BOE Bank and between 1999 and 2001 he was Associate Director: Corporate Banking at PSG Investment Bank. Between 2008 and 2012 he held various roles at Al Rajhi Bank and Al Rajhi Capital, most recently as Director and Head of Investment Banking between 2010 and 2012. Between 2013 and 2014 he was Chief Financial Officer at Algihaz Holding in Saudi Arabia. He joined APICORP in 2014.
Mr. Burger has Bachelor’s degrees in Agricultural and Business Economics and Business Administration and a Masters degree in Business Administration from the University of Stellenbosch and the University of Stellenbosch Business School.
Hesham Farid , Managing Director, Treasury & Capital Markets
Mr. Farid has 30 years’ experience in the financial services industry. He has previously been a credit officer at Misr Iran Development Bank (between 1984 and 1985) and he subsequently worked in a range of roles at Arab International Bank until 1996, most recently as Head of Fixed Income Investments (between 1990 and 1996). He joined APICORP in 1996. He was promoted to Acting Executive Vice President – Treasury & Capital Markets Department in 2009 and assumed his current position in June 2010.
Mr. Farid has a Bachelor’s degree and a Master’s degree in Business Administration, both from The American University in Cairo.
Nicolas Thévenot , Managing Director, Corporate Finance
Mr. Thévenot has 23 years’ experience in the financial services industry. He has previously worked at Credit Agricole Indosuez in a range of roles between 1992 and 2000, most recently as Vice President-Asset Based Finance/MENA (between 1998 and 2000). He joined APICORP in 2000 as head of the business group for North Africa and the Mediterranean basin in the department that handles the project finance, financial advisory and trade finance activities of the Corporation (P&TF). In October 2004, he was appointed head of P&TF.
Mr. Thévenot has a Bachelor’s degree and a Master’s degree in Public Administration and Economics from l’Institut d’Etudes Politiques de Paris and a post graduate diploma in International Economics from the same institution.
Hamdi Bata, Director, Human Resources & Corporate Affairs
Mr. Bata has around 12 years’ experience in human resources. He previously worked at La Roche College, Pittsburg, USA (between 2003 and 2009), most recently as Director of Academic Support (2006 to 2009), as a Managing Consultant for the Hay Group (between 2010 and 2013) and Head of Shared Services and Organisational Transformation at Castrol (between 2013 and 2015). He joined APICORP in 2015.
Mr. Bata has a Bachelor’s degree in International Management and Information Systems and a Master’s degree in Human Resource Management – Organisational Development & Change, both from La Roche College.
Dr. Leila Benali, Chief Economist-Energy Economics, Strategy and Sustainability
Dr. Benali has over 20 years of specialized experience in strategic planning, finance and engineering. She joined from Saudi Aramco where she was responsible for the company’s energy policy and gas strategy. Throughout her career, she has successfully managed several high-value projects, and spearheaded strategy and policy formulation for governments, energy companies, industrials and institutional investors. Dr. Benali also served as a Director at IHS CERA (Cambridge Energy Research Associates), now IHS Markit, and has also worked for Schlumberger. She taught energy courses in universities and is an active member of several leading energy associations. As an engineer turned economist, with a background in political science, she has published numerous papers and books on energy, reforms and sustainable wealth. She was named as “Future Leader 2016” by Petroleum Economist, recognizing individuals who are most likely to shape the industry’s future.
Dr. Benali holds a Master of Science degree in Political Science and a PhD Summa Cum Laude in Energy Economics from the Institute d’Etudes Politiques, France.
Ali Hassan Fadel, Director, Legal
Mr. Fadel is a Solicitor of the Supreme Court of England and Wales. He is also a Certified Compliance Officer of the American Academy of Financial Management. Mr. Fadel practiced as an Advocate in Sudan between 1984 and 1993. He subsequently studied in London between 1994 and 1998 where he qualified as a Solicitor and he practiced as a Solicitor in London between 1999 and 2005. He joined APICORP in 2005.
Mr. Fadel graduated from the University of Khartoum with a Bachelor’s degree in Law. Mr. Fadel also has a Master’s degree in Commercial Law from the Queen Mary & Westfield College of the University of London and post graduate diplomas in English Law (Common Professional Examination) and in Legal Practice (Legal Practice Course) from the London Guildhall University.
Ajay Kumar Jha, Director, Risk & Compliance
Mr. Jha has around 17 years’ experience in the financial services industry. He has previously worked in a range of roles as follows: Loan Officer at TATA Finance Limited (1997 to 1999); Branch Manager at GE Capital, Indore (1999 to 2000); Regional Business Head, Mortgages at ICICI Bank, Kolkata (2001 to 2004); Assistant Vice President, Retail Banking at Citibank (2004 to 2008); Head-Credit & Risk Practice at Accenture (2008), Head of Risk at Amlak International Finance for Real Estate (2008 to 2009) and Head of Risk at Al Rahji Capital (2009 to 2014). He joined APICORP in 2014.
Mr. Jha has a Bachelor’s degree in Chemistry from Delhi University and a Master’s degree in Business Administration from the Institute of Management Studies, Indore, India.
Dina Kasrawi, Director, Corporate Communications
Ms. Kasrawi has over 24 years of experience in strategic communications in financial services, government communications and Fintech. She was the global head of marketing and communications at PineBridge Investments, and Vice President of Communications at Bahrain Mumtalakat Holding Company. She also worked with the World Bank on government economic communications. She was also Director of Communications at the Bahrain Economic Development Board and advised the Abu Dhabi General Secretariat of the Executive Council.
Ms. Kasrawi has an MBA from Columbia Business School, an MA in International Public Communications from American University, Washington, D.C. and a BA in English Linguistics from the University of Kuwait.
Mohammad Khatib, Director, Information Technology
Mr. Khatib has more than 20 years of experience in IT with reputable financial organizations. Prior to his role at APICORP, he was the director at the Global Business Bureau in Dubai. He has also held a number of other leadership roles, and was a senior consultant with Market Management Improvement Services (MMIS), the Chief Information Officer (CIO) at the Amman Stock Exchange, and before that the CIO at Bank Al Etihad.
Mr. Khatib completed his Master’s degree in Analysis, Design and Management of Information Systems (ADMIS) at the London School of Economics.
Basema Al Mahroos, Director, Portfolio Management
Ms. Al Mahroos joined APICORP in May 2010 with over 20 years of professional experience in the oil and gas sector. Since joining the company, she has led several investment initiatives and played an instrumental role in implementing APICORP’s strategy in the proactive management of the equity portfolio. Prior to APICORP, Ms. Basema held several roles of increasing responsibility at BAPCO in Bahrain including in Planning and Developments and Engineering.
Ms. Basema holds a BA in Chemical Engineering (University of Bahrain) and an M.S. in Finance (DePaul University – Charles H. Kellstadt Graduate School of Business – USA).