SICO has appointed Yousif Bucheeri as group deputy chief executive officer for its sell-side business with effect from May 13 2026 the regional investment bank said in a statement. Bucheeri will oversee investment banking real estate and alternative investments advisory research and brokerage across regional and global markets. The bank reported assets under management of $8.3 billion in its first-quarter 2026 results.
The press release from SICO highlighted that the appointment reflects its focus on strengthening leadership with national talent. Bucheeri previously served as chief executive officer of Bahraini real estate firm Bareeq Al Retaj where he directed investment management transaction execution and business growth initiatives. He brings more than 15 years of experience in alternative investments and financial services throughout the GCC.
SICO said in the release that Bucheeri holds a BSc in accounting and finance from the University of Leeds and is a certified public accountant. Najla Al-Shirawi SICO group chief executive officer commented on the move in the statement. «This appointment comes as part of our efforts to strengthen the Group’s leadership team and Yousif’s joining represents a meaningful addition that brings greater diversity to the services we offer our clients» Al-Shirawi said. «It also reflects the significance of SICO’s investment banking and advisory business given his extensive regional experience across real estate alternative investments and financial services which closely aligns with the Group’s long-term strategic ambitions.»
Bucheeri commented in the press release distributed via Zawya. «I am honored to join SICO at such an important stage in its growth journey» he said. «SICO has established a strong reputation and a leading position within the regional financial sector and I look forward to working closely with the team to build on the Group’s achievements further strengthen its business and continue delivering long-term value to clients across markets and sectors.»
The company operates under a wholesale banking license from the Central Bank of Bahrain and maintains two wholly owned subsidiaries SICO Invest in Abu Dhabi and SICO Capital in Saudi Arabia according to the statement. SICO recorded a net profit attributable to shareholders of $1.5 million in the first quarter of 2026 its recent financial results showed. The firm maintained its position as Bahrain’s leading broker during the period with research coverage on more than 90 percent of the region’s major equities.
Headquartered in Bahrain since its founding in 1995 SICO has developed a track record of market outperformance and a base of institutional clients the press release indicated. The bank employs 150 staff and focuses on asset management brokerage investment banking and market making. Its first-quarter results also reported a 1 percent rise in gross assets under management to BD 3.1 billion from the end of 2025.
Bucheeri’s expertise in real estate and alternative investments aligns with several of SICO’s advisory services the statement noted. The group maintains a direct presence in Bahrain the UAE and Saudi Arabia. The appointment adds to leadership depth as the firm continues to expand its regional operations.
Добавить комментарий