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Board & Management

Board of Directors

Mazen Hassounah 175X185

Dr. Mazen Hassounah


Dr. Mazen Hassounah was elected as the Chairman of SHUAA Capital Saudi Arabia in 2020. He is the Managing Partner of "Mawakher Development Company", a project development company based in Riyadh, and is the Managing director of Abdullatif Alissa Group Holding Company.  He served as a board director of Chairman of Audit & Compliance Committee during the period from 2013 to 2018.  

Dr. Hassounah has over 36 years of experience in engineering, planning, corporate advisory, investment banking, asset management and financial services in various academic and non-academic positions in Saudi Arabia, Canada and the UK. Prior to his current positions, he held the position of CEO & Managing Director of Rana Investment Company during the period from 2000 to 2008, and the position of Deputy CEO during the period from 1995 to 2000.

Dr. Hassounah is also a board member of Abdullatif Alissa Group Holding Company,  Al Yusr Leasing & Financing Company, Best Trading Company and the Arab Palestinian Investment Company. Further, for several years, Dr. Hassounah served as a board member of Ettihad Etisalat (Mobily) and AXA Cooperative Insurance Company, and as a member of the Investment Committee of the Riyadh Chamber of Commerce and Industry.

Dr. Mazen holds Bachelors degree in Civil Engineering from the University of Petroleum & Minerals in Dhahran, KSA, and a Masters and Phd in Planning from the University of Toronto, Canada.

Omar Al Jaroudi, Chief Executive Officer – Saudi Arabia

Omar Al Jaroudi

Director / Chief Executive Officer

Omar Al Jaroudi, a Saudi national, comes with over 32 years of diversified experience in the fields of commercial and investment banking. He started his career in 1984 with the Saudi French Bank initially in commercial banking and later moved to investment banking.

In 1995, Mr. Al Jaroudi moved on to help setting up Lebanon Invest, an investment bank which was merged in the year 2000 with Banque Audi SAL after which Mr Al Jaroudi joined SHUAA Capital in March 2007. During this period, he amassed vast and diversified experience, both in the region as well as in Europe, in the areas of investment banking, private equity, asset management, local and regional brokerage, and distribution. He also serves on the board of several companies both in the Middle East and Europe.

Mr. Al Jaroudi holds a Master’s Degree in Economics from Syracuse University in New York and a Bachelor’s Degree in Business Administration from the American University of Beirut.


Dr. Mohammed Mubarak Bin Daina


Dr. Mohammed Bin Daina was elected as a Board member of SHUAA Capital Saudi Arabia in 2018. Dr. Bin Daina serves as the Chief Executive at the Supreme Council for Environment (SCE) in Bahrain, and has been an active member in numerous committees including the Building Code Committee and the Emergency and Hazardous Committee, in addition to chairing the National Joint Climate Change Committee. Dr. Bin Daina is also a member of the National Renewable Energy for the Government of Bahrain and a member of the Conservation of Energy Project done for the National Oil and Gas Authority (NOGA).

Dr. Bin Daina holds a PhD in Chemical Engineering from Imperial College, London.

Bechara Raad

Bechara Raad


Bechara Raad was elected as a Board member of SHUAA Capital Saudi Arabia in 2020. 

Bechara is the Chief Operating Officer at SHUAA Capital psc. He is responsible for overseeing the Group’s support and operational functions and ensuring timely provisions and allocation of human, financial and physical resources.

Bechara has nearly 30 years of professional experience, having held several senior positions in the financial services industry, including Chief Operating Officer at Credit Suisse for the Middle East and Africa and Chief Operating Officer at Bank Audi in Saudi Arabia. He also has extensive experience in hi-tech firms and entrepreneurial ventures.

Bechara holds degrees from the American University of Beirut (BE ’89), Virginia Tech (MS ’90), and INSEAD (MBA ’95D).

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