Altea Partners Strengthens Leadership by Appointing Ahmad AlFarabi as Chief Growth Officer

Altea Partners Enters New Phase with Ahmad AlFarabi's Appointment

Altea Partners, a prominent merchant banking firm with operations linking Europe, the Middle East, and North America, has appointed Ahmad AlFarabi as Chief Growth Officer and Partner, effective July 1, 2026. This strategic hire marks a significant step in enhancing the company’s operations within the Saudi Arabian market, where it aims to strengthen its client service and expand its investment offerings.

Based in Riyadh, AlFarabi brings with him over 15 years of experience in the financial sector, having previously led investment solutions advisory at BSF Capital. His extensive background includes senior roles at prestigious institutions such as Credit Suisse, Banque Saudi Fransi, and NCB, solidifying his expertise in advising high-net-worth individuals, family offices, and institutional investors in the Gulf Cooperation Council (GCC).

The importance of this appointment is underscored by the recent naming of Nawaf AlOtaibi as Managing Partner and CEO of Altea Partners Saudi Arabia, reuniting two esteemed professionals who previously collaborated to develop a leading wealth management platform at BSF Capital. AlFarabi’s role will involve overseeing the firm’s interactions with private clients and family offices, as well as leading capital formation efforts across the region. This synergy is expected to greatly enhance the firm’s ability to serve its clients, particularly in these evolving markets.

Nawaf AlOtaibi expressed confidence in AlFarabi’s capabilities, stating, "Ahmad brings a rare combination of deep client trust and genuine investment judgment. His ability to cultivate strong relationships with clients will be crucial as we expand our footprint in the region. We are excited to bring him on board at this pivotal moment in our growth strategy."

The global landscape of wealth management is shifting, particularly as more affluent clients seek aligned investment strategies that resonate with their long-term goals. Altea Partners recognizes this trend and aims to deliver not only superior advisory services but also capital solutions that genuinely align with client interests.

"Altea Partners is building a reputation for delivering something unique in the Kingdom – independent advice accompanied by capital that is truly aligned with clients' outcomes," declared AlFarabi. He further stated, "This alignments cater to the evolving expectations of private clients and their families, making it an exciting opportunity for me to join this talented team."

The co-founders of Altea Partners, Henning Behre and Kabir Chhatwani, reinforced this sentiment by emphasizing how essential Saudi Arabia is to their strategy of connecting capital across key international markets. They welcomed AlFarabi enthusiastically, acknowledging how his seasoned perspective will augment the firm's already impressive client coverage during this critical growth phase.

As Altea Partners continues to build its presence in Saudi Arabia, AlFarabi's appointment signals its commitment to fostering deeper relationships and tailored investment solutions that meet the nuanced needs of its clientele. This strategic move, along with the synergy created through the leadership of AlOtaibi and AlFarabi, positions Altea Partners favorably to capitalize on the burgeoning capital markets in the region.

In conclusion, the advancements at Altea Partners epitomize a broader trend in wealth management, where trust, integrity, and aligned interests are paramount. With a strengthened leadership team and a clear focus on client outcomes, Altea Partners is poised to deliver significant contributions to the wealth management landscape in Saudi Arabia and beyond.