{"id":724851,"date":"2023-01-23T01:33:07","date_gmt":"2023-01-23T06:33:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking\/"},"modified":"2023-01-23T01:33:07","modified_gmt":"2023-01-23T06:33:07","slug":"wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking\/","title":{"rendered":"Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking<\/b><\/p>\n<p>NEW YORK &amp; RIYADH, Saudi Arabia&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLazard Ltd (NYSE: LAZ) today announced the appointment of Wassim Al-Khatib as Chief Executive Officer (CEO) of the firm\u2019s Financial Advisory business in the Middle East and North Africa (MENA), and CEO of Lazard Saudi Arabia, subject to regulatory approval. Wassim Al-Khatib will be based in the Riyadh office, which will serve as Lazard\u2019s regional MENA Investment Banking hub.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230122005027\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230122005027\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 439px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230122005027\/en\/1692329\/4\/WASSIM_AL-KHATIB_HEADSHOT.jpg\" alt=\"Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking (Photo: Business Wire)<\/p>\n<\/div>\n<p>\n&#8220;We are pleased to have Wassim join us as CEO of our MENA Investment Banking business,&#8221; said Peter Orszag, Chief Executive Officer of Financial Advisory at Lazard. &#8220;With his extensive experience and proven track record, Wassim will work alongside MENA <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.lazard.com%2Fmedia%2F452248%2Flazard-hires-sarah-al-suhaimi-mena-investment-banking-9-18-22.pdf&amp;esheet=53288758&amp;newsitemid=20230122005027&amp;lan=en-US&amp;anchor=Chair+Sarah+Al-Suhaimi&amp;index=1&amp;md5=5f94714f68432fccee7ec432e42c3010\">Chair Sarah Al-Suhaimi<\/a> in leading our Riyadh office to continued success and in expanding Lazard\u2019s engagement with clients in the region.\u201d\n<\/p>\n<p>\n\u201cWassim has played decisive roles advising on many important transactions in MENA. He is a talented and well-regarded professional and his appointment means that we now have ample capacity to service our clients in the region,\u201d said Sarah Al-Suhaimi, Chair of Lazard\u2019s Financial Advisory business in MENA.\n<\/p>\n<p>\n\u201cI am happy to join Lazard and to lead the Investment Banking and Financial Advisory business in the Middle East and North Africa. Building on the firm\u2019s exceptional depth of expertise across industry sectors and geographies globally, as well as its strong commitment to the MENA region, we are ideally positioned to provide the best possible support to our local clients and to international companies looking to expand in the Middle East and North Africa,\u201d said Wassim Al- Khatib.\n<\/p>\n<p>\nWassim Al-Khatib was previously Chief Executive Officer and a board member of Citigroup Saudi Arabia. He earlier served as Managing Director and Head of Investment Banking at NCB Capital where he participated in and led major market transactions in the Saudi and international markets. Wassim Al-Khatib has also been the Vice Chairman of the Arranging and Advising Committee of Saudi Arabia\u2019s Capital Markets Authority since 2021.\n<\/p>\n<p><b>About Lazard<\/b><\/p>\n<p>\nLazard, one of the world&#8217;s preeminent financial advisory and asset management firms, operates from 41 cities across 26 countries in North, Central and South America, Europe, Asia and Australia. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. For more information on Lazard, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.lazard.com%2F&amp;esheet=53288758&amp;newsitemid=20230122005027&amp;lan=en-US&amp;anchor=www.lazard.com.&amp;index=2&amp;md5=75d764e3e9667e44cb2010b63c115a7c\">www.lazard.com.<\/a> Follow Lazard at @Lazard\n<\/p>\n<p>\nLAZ_FAPE\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230122005027r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230122005027\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230122005027\/en\/<\/a><\/span><\/p>\n<p>\nMedia:<br \/>\n<br \/>Flore Larger, +33 1 44 13 01 30<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:flore.larger@lazard.com\">flore.larger@lazard.com<\/a><\/p>\n<p>\nJudi Frost Mackey, +1 212 632 1428<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:judi.mackey@lazard.com\">judi.mackey@lazard.com<\/a><\/p>\n<p>\nHayan Shadaydeh, +971 50 4882460<br \/>\n<br \/>MSL Group ME<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:hayan.AlShadaydeh@mslgroup.com\">hayan.AlShadaydeh@mslgroup.com<\/a><\/p>\n<p>\nInvestor:<br \/>\n<br \/>Alexandra Deignan, +1 212 632 6886<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:alexandra.deignan@lazard.com\">alexandra.deignan@lazard.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230122005027\/en\/321261\/3\/Lazard_Corporate_Blue.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230122005027\/en\/1692329\/3\/WASSIM_AL-KHATIB_HEADSHOT.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking NEW YORK &amp; RIYADH, Saudi Arabia&#8211;(BUSINESS WIRE)&#8211; Lazard Ltd (NYSE: LAZ) today announced the appointment of Wassim Al-Khatib as Chief Executive Officer (CEO) of the firm\u2019s Financial Advisory business in the Middle East and North Africa (MENA), and CEO of Lazard Saudi Arabia, subject to regulatory approval. Wassim Al-Khatib will be based in the Riyadh office, which will serve as Lazard\u2019s regional MENA Investment Banking hub. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230122005027\/en\/ Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking (Photo: Business Wire) &#8220;We are pleased to have Wassim join us as CEO &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-724851","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking NEW YORK &amp; RIYADH, Saudi Arabia&#8211;(BUSINESS WIRE)&#8211; Lazard Ltd (NYSE: LAZ) today announced the appointment of Wassim Al-Khatib as Chief Executive Officer (CEO) of the firm\u2019s Financial Advisory business in the Middle East and North Africa (MENA), and CEO of Lazard Saudi Arabia, subject to regulatory approval. Wassim Al-Khatib will be based in the Riyadh office, which will serve as Lazard\u2019s regional MENA Investment Banking hub. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230122005027\/en\/ Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking (Photo: Business Wire) &#8220;We are pleased to have Wassim join us as CEO &hellip; Continue reading &quot;Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-23T06:33:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20230122005027\/en\/1692329\/4\/WASSIM_AL-KHATIB_HEADSHOT.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking\",\"datePublished\":\"2023-01-23T06:33:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking\\\/\"},\"wordCount\":551,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20230122005027\\\/en\\\/1692329\\\/4\\\/WASSIM_AL-KHATIB_HEADSHOT.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wassim-al-khatib-joins-lazard-as-chief-executive-officer-middle-east-and-north-africa-investment-banking\\\/\",\"name\":\"Wassim Al-Khatib Joins Lazard as Chief Executive Officer, Middle East and North Africa Investment Banking - 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Wassim Al-Khatib will be based in the Riyadh office, which will serve as Lazard\u2019s regional MENA Investment Banking hub. This press release features multimedia. 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