Al Waha Capital : Waha Capital appoints Mohamed Al Nowais as Managing Director

2023 May 11

Waha Capital appoints Mohamed Al Nowais as Managing Director

Abu Dhabi, 11 May 2023: The Board of Waha Capital PJSC, an Abu Dhabi-listed investment management company (ADX: WAHA), has appointed Mohamed Al Nowais as Managing Director to accelerate the Company's growth strategy for its capital markets and direct investments businesses.

Mr. Al Nowais brings continuity and strong knowledge of the business, having been a Board member at Waha Capital since 2018. In his role as Managing Director, he will be responsible for leading the Company and continuing to help grow its businesses. His strong background and knowledge of the Company will help to grow the Public Markets business, which manages emerging market credit and equity funds and which is leveraging its strong multi-year track record of outperformance to attract significant third-party capital and the Private Investments business, which is actively investing internationally through its Global Opportunities strategy.

In addition to his role as a Director of Waha Capital, Mr. Al Nowais is the Managing Director of AMEA Power and the Executive Director at AlNowais Investments Company. He is also a Board member for Al Dhafra Insurance Company P.S.C. and Abu Dhabi National Industrial Projects (ADNIP). Mr. Al Nowais previously held roles in Abu Dhabi Investment Authority (ADIA) and J.P. Morgan in New York.