SAB Invest Company Profile

Background

Overview

SAB Invest, established on January 1, 2008, is a 100% owned subsidiary of Saudi Awwal Bank (SAB). It operates as a One Person Closed Joint Stock Company with a fully paid-in capital of SAR 840,000,000. Licensed by the Saudi Arabian Capital Market Authority (CMA) on July 22, 2007, SAB Invest offers a comprehensive suite of investment services, including dealing, managing, arranging, advisory, and custody services, catering to both private and institutional clients.

Mission and Vision

SAB Invest's mission is to provide innovative investment management solutions, delivering superior products and services to clients in the Kingdom of Saudi Arabia. Its vision is to become a leading provider of these solutions, leveraging the extensive experience and market knowledge of Saudi Awwal Bank to offer exceptional investment performance and service quality.

Industry Significance

As a prominent player in the Saudi financial sector, SAB Invest contributes significantly to the development and diversification of the Kingdom's investment landscape. Its services support the growth of various sectors, including logistics, healthcare, insurance, pharmaceuticals, and real estate, aligning with the objectives of Saudi Arabia's Vision 2030 reforms.

Key Strategic Focus

Core Objectives

SAB Invest aims to deliver high-quality, diversified investment solutions tailored to meet the evolving goals of its clients, supporting their financial strategies across different stages of their investment journeys.

Areas of Specialization

• Asset Management: Offering a broad range of local and regional public equities, Sukuk, fixed income products, real estate, and alternative investments.

• Brokerage Services: Providing access to local equity markets, GCC and international markets, fixed income, and customized margin lending solutions.

• Global Investment Solutions: Delivering single and multi-asset global investment products, traditional and alternative investments, investment advisory services, and outsourced Chief Investment Officer services.

Key Technologies Utilized

SAB Invest leverages advanced technological platforms to enhance its service offerings, including:

• SAB Invest Online: An online platform that allows clients to open trading portfolios, investment accounts, and subscribe to mutual funds without visiting investment centers.

• SAB Invest WorldTrader: A cutting-edge platform for international brokerage, designed to redefine the global trading experience.

Primary Markets Targeted

SAB Invest primarily focuses on the Saudi Arabian market, with services extending to the GCC and international markets, catering to both private and institutional clients.

Financials and Funding

Funding History

SAB Invest was established with a fully paid-in capital of SAR 840,000,000. In October 2016, the company launched the "SAB Invest Multi-Strategy Private Investment Fund I," aiming to raise SAR 1 billion over a period of 6-12 months, with initial investments exceeding SAR 300 million.

Recent Funding Rounds

The company has not publicly disclosed specific details about recent funding rounds beyond the initial capital and the 2016 private credit fund launch.

Notable Investors

As a wholly owned subsidiary of Saudi Awwal Bank, SAB Invest's primary investor is Saudi Awwal Bank itself.

Utilization of Capital

The capital raised through the private credit fund was intended to invest in a diversified portfolio of private credit opportunities across Saudi Arabia, the GCC, and the MENA region, focusing on listed and unlisted sukuk issued by SMEs, debt investments in high-growth tech companies, structured debt for mid-sized enterprises, and infrastructure debt instruments.

Pipeline Development

Key Pipeline Candidates

SAB Invest's pipeline includes investments in:

• Private Credit Opportunities: Targeting SMEs, high-growth tech companies, mid-sized enterprises, and infrastructure projects across the MENA region.

• Real Estate Projects: Developing and managing real estate assets, with a portfolio valued at over SAR 3 billion as of 2024.

Stages of Development

The company is actively involved in the acquisition, development, and management stages of its real estate projects, aiming to deliver strong returns to investors.

Target Conditions

SAB Invest focuses on sectors such as technology, infrastructure, and real estate, seeking opportunities that align with the economic diversification goals of Saudi Arabia's Vision 2030.

Anticipated Milestones

The company plans to launch new investment offerings and further invest in its digital infrastructure, aiming to expand its client base and enhance service delivery.

Technological Platform and Innovation

Proprietary Technologies

• SAB Invest Online: An online platform enabling clients to manage their investments remotely.

• SAB Invest WorldTrader: A platform for international brokerage services, enhancing global trading capabilities.

Significant Scientific Methods

SAB Invest employs quantitative investment strategies, including the use of machine learning algorithms and data analysis techniques, to construct diversified, Sharia-compliant portfolios based on value and momentum factors.

Leadership Team

Executive Profiles

• Mr. Ali Almansour – Managing Director and CEO: With nearly 20 years of experience in investment strategy development and portfolio management, Ali has held leadership roles at institutions such as Saudi Aramco and Jadwa Investment. He holds a Bachelor of Finance from the University of North Carolina at Charlotte and an MBA from King Fahad University of Petroleum and Minerals.

• Mr. Osama Alowedi, CFA – Chief Investment Officer: Osama brings over 18 years of investment management experience, having co-founded Value Capital Partners and served as Head of Investment Management at GIB Capital. He holds dual MBA degrees from Columbia University and London Business School.

• Mr. Majed Alqahtani – Chief Brokerage Officer: With over 22 years in brokerage markets, Majed has held positions at SAB Invest and HSBC Saudi Arabia. He holds Level I CFA.

• Mr. Feras Alawadh, CAIA – Chief Global Investment Solutions Officer: Feras has over 17 years of experience in managing globally diversified multi-asset portfolios. He holds an MBA from the University of Newcastle and is a CAIA Charter holder.

• Mr. Mohammed Alsuwayied – Chief Wealth Management Officer: With 18 years in brokerage and wealth management, Mohammed has worked at SAB and HSBC Saudi Arabia. He holds a Business Administration degree from King Fahd University of Petroleum and Minerals.

• Mr. Ali Al-Faraj – Chief Operating Officer (COO): Ali has over 20 years of experience in investment, having worked at Riyad Bank and Alawwal Bank. He holds a degree in Industrial Management from King Fahad University of Petroleum & Minerals.

• Mr. Haytham Al Gargoosh – Chief Compliance and Governance Officer and Board Secretary: Haytham has over 20 years in finance and compliance, with experience at SAB and Alawwal Bank. He holds a Bachelor’s in Business Administration from King Faisal University.

• Mr. Na'el Tashkandi – Chief Risk Officer: Na'el has over 23 years in corporate banking and credit risk management, with experience at SAB and Samba Financial Group. He holds a Bachelor of Science in Finance from King Fahd University of Petroleum & Minerals.

• Mr. Abdul Rehman Saeed – Chief Internal Auditor: Abdul Rehman has nearly 20 years in internal audit, with experience at the Public Investment Fund and Ernst & Young. He is a Chartered Accountant and holds certifications from the Institute of Internal Auditors USA.

• Mr. Mohammed Tajammul – Head of Information Technology: Mohammed has over 28 years in banking and capital markets, having worked at Alawwal Bank and SAB. He holds a Bachelor’s in Commerce and a Post-Graduation in Software Technology.

• Mr. JP Gariazzo – Head of Transformation Management Office