The Banking Executive Magazine - January 2026 Issue

SICO Capital, a leading provider of asset management, brokerage, and investment banking services in Riyadh and licensed by the Saudi Capital Market Authority (License No. 08096-37), announced the ap- pointment of Hatim Alfawaz as Head of Fixed Income. Mr. Alfawaz brings 18 years of expe- rience primarily in asset manage- ment, with deep expertise in equities, fixed income and money market portfolio management. He has held senior roles with leading investment managers in Saudi Arabia and holds a Master’s degree from the Florida In- stitute of Technology. In his new role, Mr. Alfawaz will lead SICO Capital’s fixed income activi- ties and work closely with clients and investment teams across the Kingdom. “We are delighted to welcome Hatim to the SICO Capital team” said Wis- sam Haddad, CEO of SICO Capital. “Hatim’s deep expertise will be es- sential as he oversees our Money Market and Fixed Income business. As part of our long-term strategy in Saudi Arabia, SICO Capital contin- ues to invest in senior talent and in- frastructure, ensuring we continue to provide our investors with sophisti- cated and diversified investment so- lutions and financial services.” Hatim Alfawaz said: “I am honored to join SICO Capital at a time when fixed income is becoming an in- creasingly vital component of re- gional investment portfolios. I am eager to build upon SICO Capital’s strong foundation, leveraging our technical expertise to enhance our fixed income capabilities and the BANKING EXECUTIVE 42 ISSUE 205 JANUARY 2026 Career Chronicle SICO CAPITAL APPOINTS HATIM ALFAWAZ AS HEAD OF FIXED INCOME