Follow-ups -eshrag News:
RIYADH: Financial services company Lazard is set to hire Citigroup’s Saudi Arabia CEO Wassim Al-Khatib to support the boutique firm’s advisory operations across the Middle East and North African region.
Al-Khatib is expected to join Lazard as CEO for its MENA financial advisory business, Bloomberg reported citing people familiar with the matter.
Citigroup confirmed Al-Khatib’s resignation and said that Carmen Haddad, vice chairperson for Citigroup Middle East and country officer in Saudi Arabia, will be taking over as acting CEO, as the bank seeks to replace him.
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