Dubai – Mubasher: Al Ramz Corporation Investment and Development has appointed Karim Schoeib as a new CEO for its 99% owned subsidiary, Al Ramz Capital.

The company's decision will be effective 1 October 2020, according to the company's disclosure to the Dubai Financial Market (DFM) on Sunday.

With more than 23 years of experience in the financial services industry, Karim is an investment banker with transactional accomplishments and a successful record in managing investment banking and financial services businesses.

The new CEO has also diverse experience in IPOs, corporate finance, financial advisory, capital markets, and brokerage in the UAE and the region. 

Before joining Al Ramz Capital, Karim worked at Credit Suisse AG, SHUAA Capita, and EFG Hermes.

The managing director of Al Ramz Corporation, Mohammad Al Mortada Al Dandashi, said: "With his diverse experience in the financial sector, we are confident that he will be able to drive the company’s business lines and performance to new levels."