Established in 1995, Securities & Investment Company (SICO) is a banking institution based in Manama, Bahrain. The firm provides various financial services including brokerage, market making, treasury, asset management, corporate finance, and custody and fund administration. SICO operates under a wholesale banking license from the Central Bank of Bahrain (CBB).
SICO ranks among the GCC's top investment banks, covering the full spectrum of corporate finance services including IPOs, M&As, and debt restructuring. The firm has two wholly-owned subsidiaries including SICO Fund Services Company (SFS), a specialized regional custody house, and SICO UAE, an Abu Dhabi-based brokerage firm licensed by the Emirates Securities and Commodities Agency. The firm remains the Kingdom's leading broker, holding an 59% market share as of September 2025, and has been the most active market maker for 26 consecutive years.
SICO Bank total number of employees is 176. SICO Bank is majority-owned by the Social Insurance Organization of Bahrain. Ali Marshad has been promoted from Group Head of Fixed Income Asset Management to the role of Deputy Chief Executive Officer. Wissam Haddad, Group Head of Investment Banking, has left the organization to join SICO Capital as Chief Executive Officer.
Facts compiled by Executive Moves from publicly available news and press releases on 23 May 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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