UAE Business: SH Capital appoints Skaik as Non-Executive Chairman – Gulf Digital News

  • Date: 18-May-2022
  • Source: Gulf Digital News
  • Sector:Economy
  • Country:UAE
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UAE Business: SH Capital appoints Skaik as Non-Executive Chairman – Gulf Digital News

SH Capital, a specialist provider of private banking, wealth management and digital treasury services, has appointed Akram Skaik as Non-executive Chairman as it boosts its senior leadership team.

Skaik currently serves as Director General of UAE Golf Federation and has decades of experience in the banking sector.

The company has also appointed banking industry veteran Puneet Narula as CEO to bolster its senior leadership team.

Expansion

Narula, who has 28 years of banking industry experience, has previously served as head of private banking at The Saudi Investment Bank and held senior roles at Citibank, Kotak Mahindra Bank and Lloyds Private Banking division.

He will lead SH Capital’s expansion across the region, developing the company’s portfolio of investment and asset management solutions across a range of asset classes offered by tier one global banks by leveraging state-of-the-art technology through the company’s platform.

SH Capital which was granted a Category 3A Dubai International Financial Centre (DIFC) licence provides advisory and execution for integrated asset management and investment products to ultra-high net worth individuals, family offices, institutions, and corporate entities. SH Capital is a subsidiary of parent company Stanhope Financial Group.

Uniquely positioned

Narula comments: “SH Capital is uniquely positioned to provide access to a variety of investment solutions from treasury