Wassim Al Khatib
Managing Director
Wassim Al Khatib joined Lazard in 2023 as the CEO of Lazard Financial Advisory for the MENA region. He is a highly experienced banker and executive with over 17 years of experience, 16 of which have been in the financial services and advisory business.
Stemming from his passion for advancing the institutionalization of the private sector and supporting the Saudi economic transformation plans, Wassim’s previous experience focused on advising institutional clients and the national champions of the Saudi economy, where he led the origination and execution of landmark transactions totaling over USD 80 billion in value across M&A, capital markets, and advisory.
Prior to joining Lazard, Wassim was the CEO and a Board Member of Citigroup Saudi Arabia. He earlier served as Managing Director and Head of Investment Banking at NCB Capital, where he led the financial advisory franchise between 2015 and 2021 and rallied it to top positions in Saudi league tables.
In addition to his advisory track record, Wassim has strong experience in governance through his previous roles as a member of the board and sub-committees of private and listed companies in the Middle East. He has also been serving as Vice Chairman of the Arranging and Advising Committee to Saudi Arabia’s Capital Market Institutes.
Wassim holds a computer engineering BSc degree from Pennsylvania State University and a General Management Program certificate from Harvard Business School. He is an active member of the Young Presidents’ Organization (YPO) and Tomouh Community of Leaders (TCL).
Our offices in Saudi Arabia
Lazard has been present in the Kingdom of Saudi Arabia since 2011.
We focus on providing Financial Advisory services relating to complex cross-border M&A, financial restructurings, capital structure advisory, IPOs and the development of financing strategies.
Our clients include regional governments, large corporates, family offices, private equity funds and sovereign wealth funds.
Our mandates have involved diverse sectors where we have helped our clients with the best available resources from around our global network of experts.
