Al Rajhi Capital has Liju Kurian (pictured above) as the new Head of International Investments. Based in Riyadh, Kurian joins from SAB Invest, where he served as Director for Global Investment Solutions for over three years. In his new capacity, he will report directly to Mohammed Al Hathloul, head of asset management at Al Rajhi Capital.
Kurian brings extensive regional experience to the role, having previously spent four years as Director of Portfolio and Funds Management at Kuwait-based Warba Bank, where he oversaw comprehensive fund management activities and portfolio strategies.
In a further boost to its investment desk, Al Rajhi Capital has also hired Ankit Gupta for its four-member proprietary investments team. Gupta transitions from SNB Capital, where he spent more than four years as a senior portfolio manager for multi-asset strategies.
His career includes high-level stints at several prominent financial institutions, including JP Morgan, Shuaa Capital, and SICO.
Early this month, Al Rajhi Capital signed an agreement with Saudi-based Ayyan Investment Company to launch a closed-end real estate fund. The SAR 500m fund aims to invest in the real estate sector through income-generating assets by developing a mixed-use project in Al-Janadriyah district in Riyadh, with a total area of 83,446 square metres (sqm).
