Mashreq has announced the appointment of Philip Philippides as the Chief Executive Officer of Mashreq Capital. In this role, Philip will oversee the growth of the company’s asset management business, focusing on client engagement, investment solutions, and expanding the firm’s presence in the MENA region.
Philip brings over 28 years of experience in asset management and investment services, having worked with organizations such as Morgan Stanley, BlackRock/iShares, MSCI, and Amundi. His experience includes developing and managing fund distribution strategies, ETFs, and a variety of asset classes, including ESG and alternative investments.
Commenting on the appointment, Ahmed Abdelaal, Group CEO of Mashreq said, “We are pleased to have Philip join Mashreq Capital at a time of significant growth and opportunity in asset management. His vast experience, particularly in creating market-leading investment solutions and driving client success, will be instrumental as we continue to expand our footprint in the MENA region. Philip’s insight and forward-thinking approach align seamlessly with Mashreq’s vision to deliver innovative, high-value solutions for our clients, and to lead with purpose in the financial industry.”
Philip Philippides, CEO of Mashreq Capital added, “I am honored to join Mashreq Capital and excited by the possibilities that lie ahead. Mashreq is well-positioned to elevate its asset management business, and I am eager to work with our talented team to bring impactful, innovative solutions to our clients. I look forward to building on Mashreq’s legacy of excellence and pushing the boundaries of what we can achieve in asset management to drive sustainable growth for our clients and our stakeholders.”
