SICO Capital Appoints Maan AlDerazi as Head of Real Estate Investments

Press release

Published September 9th, 2025 - 06:11 GMT

SICO Capital Appoints Maan AlDerazi as Head of Real Estate Investments

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 Maan AlDerazi as its new Head of Real Estate Investments.

Mr. AlDerazi brings over 20 years of extensive industry experience to the role, having concluded several billion dollars in cross-border commercial real estate investments and having held positions at prominent firms such as Meraas Holding and Istithmar PJSC.

“We are delighted to welcome Maan to the SICO Capital team,” said Wissam Haddad, CEO of SICO Capital. “His deep knowledge of the real estate sector and proven track record will be invaluable as we continue to expand our offerings and deliver exceptional value to our clients.”

Maan AlDerazi said: “I am honored to join SICO Capital, a firm distinguished for its strong track record in investment management. I look forward to contributing to the growth of its real estate investment portfolio and leveraging my experience to identify and develop strategic opportunities in Saudi Arabia’s dynamic and rapidly expanding market, at a time when the real estate sector is playing a pivotal role in supporting Vision 2030 and the Kingdom’s broader economic transformation.”

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.