Altea Partners Strengthens Its Team with Ahmad AlFarabi's Appointment as Chief Growth Officer

London and Riyadh, Saudi Arabia – In a strategic move to bolster its operations in the Saudi Arabian market, Altea Partners, a privately held merchant banking firm, has announced the appointment of Ahmad AlFarabi as Partner and Chief Growth Officer. This decision comes as part of Altea's ongoing efforts to enhance its foothold across the capital flow corridors connecting Europe, the Middle East, and North America. Ahmad will be based in Riyadh, the capital of Saudi Arabia.

Having previously served as the Head of Investment Solutions Advisory at BSF Capital, Ahmad brings over 15 years of experience in the financial sector. His career has included senior roles at prestigious firms such as Credit Suisse, Banque Saudi Fransi, and NCB, where he advised high-net-worth individuals, family offices, and institutional clients across the Gulf Cooperation Council (GCC) region. His expertise encompasses discretionary portfolio management, structured finance, and tailored investment solutions designed for affluent clients.

The timing of AlFarabi’s appointment is particularly poignant, given it follows the recent selection of Nawaf AlOtaibi as the Managing Partner and CEO of Altea Partners in Saudi Arabia. The two professionals had previously collaborated to develop one of the Kingdom’s foremost wealth management services at BSF Capital, enhancing the synergy within Altea's leadership.

In his new role, AlFarabi will oversee Altea Partners' operations related to private clients, family offices, and capital formation in Saudi Arabia and the broader region. Nawaf AlOtaibi expressed confidence in Ahmad’s abilities, stating, "Ahmad brings a rare combination of deep client trust and genuine investment judgment. His track record of earning client trust is invaluable to our growth strategy. We believe his arrival strengthens our team at a critical moment and accelerates the platform we are establishing here."

The co-founders and managing partners of Altea Partners, Henning Behre, and Kabir Chhatwani, echoed this sentiment. They highlighted the importance of Ahmad’s experience, stating, "Saudi Arabia is central to how Altea Partners connects capital across Europe, the Middle East, and North America. Ahmad's expertise adds considerable depth to our client coverage, especially as our platform continues to scale. He shares our belief that aligned capital and trusted advice go hand in hand."

Reflecting on his new role, Ahmad AlFarabi remarked, "Altea Partners is creating something unique in Saudi Arabia – a blend of independent advice with capital that is genuinely aligned with clients’ outcomes. This alignment is increasingly what private clients and families expect, which is why I am excited to join this talented team."

As a principal-led merchant banking firm, Altea Partners prides itself on providing aligned capital and trusted advice, collaborating closely with founders, families, and the businesses they support across Europe, the Middle East, and North America. This emphasis on personalized engagement positions Altea Partners as a compelling partner for those seeking significant, strategic investment guidance in the region.

The appointment of Ahmad AlFarabi marks an important chapter for Altea Partners as it gears up for an even more prominent role in the Kingdom’s financial landscape. As the firm addresses the evolving needs of its clients in an increasingly interconnected global economy, the expertise of leaders like Ahmad will be crucial in navigating opportunities and challenges ahead.

For more information on Altea Partners, please visit their official website.