Lazard hired Wassim Al-Khatib as chief executive officer for the firm’s advisory business in the Middle East and North Africa, and the boutique investment bank plans to make Riyadh its regional banking hub.
Al-Khatib, the former head of Citigroup in Saudi Arabia, will also be CEO of Lazard Saudi Arabia, according to a statement, confirming a Bloomberg News report.
Prior to that Al-Khatib was the head of investment banking at NCB…