Altea Partners Elevates Ahmad AlFarabi to Partner and Chief Growth Officer

On July 1, 2026, Altea Partners announced the significant appointment of Ahmad AlFarabi as Partner and Chief Growth Officer, solidifying their commitment to expanding their operations in the Saudi Arabian financial market. Known for its strategic positioning between Europe, the Middle East, and North America, Altea Partners aims to leverage Ahmad's wealth of experience to heighten their influence within the region.

Background of Ahmad AlFarabi

Ahmad AlFarabi transitions to Altea Partners from BSF Capital, where he served as the head of the Investment Solutions Advisory division. His prior successes at BSF Capital included spearheading the company's discretionary asset management and advisory services, focusing on high-net-worth individuals, family offices, and institutional investors throughout the Gulf Cooperation Council (GCC) countries. With over 15 years in high-level customer relations roles at prestigious institutions like Credit Suisse, Banque Saudi Fransi, and NCB, AlFarabi has developed a notable track record in managing discretionary portfolio mandates and tailored financial solutions for affluent clients.

The appointment of Ahmad follows the recent elevation of Nawaf AlOtaibi as Managing Partner and CEO of Altea Partners Saudi Arabia, reuniting two professionals who previously collaborated to build one of the leading asset management platforms in the Kingdom. AlFarabi will report directly to AlOtaibi and oversee the private clients and family offices segment, along with capital sourcing initiatives across the broader region.

Comments from Leadership

Nawaf AlOtaibi expressed confidence in Ahmad's capabilities, stating, "Ahmad uniquely combines deep client trust with sound investment judgment. I have witnessed firsthand the admiration he commands among clients and families he works with. His arrival strengthens our team at a critical time as we advance our platform's development."

Henning Behre and Kabir Chhatwani, co-founders and managing partners of Altea Partners, emphasized the critical role of Saudi Arabia for their operations, noting, "Ahmad's expertise and acumen will enrich our client service as we scale up our platform. He shares our conviction that capital and trusted advice are inextricably linked."

In response to his new role, Ahmad AlFarabi remarked, "Altea Partners is creating something unique in the Kingdom—independent advice complemented by capital that is genuinely aligned with clients' goals. This alignment is increasingly expected by private clients and families, and I am thrilled to collaborate with Nawaf, Henning, Kabir, and the team."

About Altea Partners

Altea Partners is a privately-held merchant banking firm dedicated to providing targeted capital and trusted advice. Their mission encompasses collaboration with founders, families, and companies, as well as the long-term investors who support them. With a growing presence across Europe, the Middle East, and North America, Altea Partners continues to strive for excellence in client relations and investment strategy, positioning itself as a formidable player in the global financial landscape.

Conclusion

As Altea Partners moves forward with Ahmad AlFarabi at the helm of growth strategies in Saudi Arabia, the firm anticipates bolstering its service offerings. The fusion of robust client management expertise and a keen investment perspective promises to enhance the institution's ability to meet the evolving demands of the affluent market in the region.