Abu Dhabi – Mubasher: Waha Capital, Abu Dhabi-based leading investment company, has appointed Ahmed Khalifa Al Mehairi as a new CEO of the company.

Al Mehairi will assume his position at Waha Capital on 18 October 2020 in succession to Amr Al Menhali, who will occupy a senior role in Abu Dhabi, according to a recent press release.

The new CEO will join Waha Capital from the Abu Dhabi Investment Council, where he has been a principal at the Global Special Situations Department.

Currently, Al Mehairi is also a board member at Abu Dhabi National Hotels Company.

Al Mehairi previously worked in the field of equities investment at Abu Dhabi Investment Authority (ADIA). 

It is noteworthy to mention that in the first half (H1) of 2020, the company showed net losses of AED 27.21 million, down from AED 182.23 million in the same half of 2019.