Waha Capital, the leading Abu Dhabi-based investment company, has announced the appointment of Mr. Amr Al-Menhali as Chief Executive Officer, which will commence operations in September this year.

Mr. Al Manhali has over two decades of experience in which he has held leadership positions in a number of leading banking institutions in the UAE. Mr. Al Manhali is also a member of the Board of Directors of several financial institutions in addition to the Board of Directors of the Union of Emirates Banks.

WAM Capital Chairman Waleed Al Mekrab Al Muhairi said: "Omar Al Manhali has extensive experience in the financial services industry with a proven track record in leading successful companies and his joining is an important addition to Waha Capital's senior management team which has succeeded in recent years in "We look forward to working closely with him to move ahead with the growth strategy to develop our strong and diversified investments to maximize shareholder value over the long term."

"Waha Capital has built a reputation as an investment company with a proven track record of rewarding returns and I am pleased to lead the company in its next growth phase to contribute to creating additional value for its existing investments," said Amr Al Manhali, Chief Executive Officer of Waha Capital. Attractive new opportunities, and building strong asset management that provides outstanding services to third party investment institutions. "

"In its performance, Waha Capital is based on the strong institutional support and deep expertise of its board of regional business networks, which provides us with a solid platform for growth."

Waha Capital operates two business units: the Private Equity Unit, which invests directly in companies with high growth potential, and the asset management unit that invests in global credit and equity portfolios.