SICO Capital Appoints Hatim Alfawaz as Head of Fixed Income

Published February 3rd, 2026 - 05:05 GMT

SICO Capital Appoints Hatim Alfawaz as Head of Fixed Income

SICO Capital, a leading provider of asset management, brokerage, and investment banking services in Riyadh and licensed by the Saudi Capital Market Authority (License No. 08096-37), announced today the appointment of Hatim Alfawaz as Head of Fixed Income.

Mr. Alfawaz brings 18 years of experience primarily in asset management, with deep expertise in equities, fixed income and money market portfolio management. He has held senior roles with leading investment managers in Saudi Arabia and holds a Master’s degree from the Florida Institute of Technology.

In his new role, Mr. Alfawaz will lead SICO Capital’s fixed income activities and work closely with clients and investment teams across the Kingdom.

“We are delighted to welcome Hatim to the SICO Capital team” said Wissam Haddad, CEO of SICO Capital. “Hatim’s deep expertise will be essential as he oversees our Money Market and Fixed Income business. As part of our long-term strategy in Saudi Arabia, SICO Capital continues to invest in senior talent and infrastructure, ensuring we continue to provide our investors with sophisticated and diversified investment solutions and financial services.”

Hatim Alfawaz said: “I am honored to join SICO Capital at a time when fixed income is becoming an increasingly vital component of regional investment portfolios. I am eager to build upon SICO Capital’s strong foundation, leveraging our technical expertise to enhance our fixed income capabilities and provide our clients with the specialized investment solutions they require.”

Background Information

SICO

SICO is a leading regional asset manager, broker, market maker, and investment bank with USD 4.5 billion in gross assets under management (AUM) and USD 4.1 billion in net AUM. Today, SICO operates under a wholesale banking license from the Central Bank of Bahrain and oversees two wholly-owned subsidiaries, an Abu Dhabi-based brokerage firm, SICO Financial Brokerage, and a specialized regional custody and fund administration house, SICO Fund Services Company (SFS), as well as a majorityowned, full-fledged capital markets services firm, SICO Capital, based in Saudi Arabia (KSA).

Headquartered in the Kingdom of Bahrain with a growing regional presence in three countries, SICO has a well-established track record as a trusted regional bank offering a comprehensive suite of financial solutions, including asset management, brokerage, market making, investment banking, advisory, treasury, and custody and fund administration, backed by a robust and experienced research team that provides regional insight and analysis of more than 90% of the region’s major equities.