Intergenerational Transfer of Wealth and the Integration of the Next Generation
6.00 pm - 9.00 pm
Location: Al Omisat A, Lower Ground, Al Faisaliah Hotel, Riyadh
Led by Faizal Bhana, Jersey Finance’s Director for the Middle East, Africa and India, we are delighted to host this family wealth management focussed event.
Relevant to Saudi-based managers of private wealth and family offices, this event will hear from Faizal, alongside a panel of Saudi and international private wealth industry experts. Their insights will provide key insights on tax and structuring considerations, family dynamics and the critical importance of carefully considered governance and succession plans, and the role of the family office.
Please note that there is also the opportunity to attend this same event in Jeddah on 17 November, please click here if you would prefer to register for the Jeddah event.
For more information, please contact a member of our Events Team.
Faizal is a UK qualified lawyer and for many years has worked and advised, and is a trusted advisor to institutions, corporates and families across the Middle East Africa and India. Faizal specialises in banking and finance and has advised corporates, family offices and families including on their international investment and holding structures.
Faizal is responsible for developing the strategy for Jersey Finance’s engagement in Africa, the Middle East and India. He is focussed on his key markets, regularly travelling to all these countries, liaising and working with key stakeholders, including public and private institutions, corporates and families, building long term mutually beneficial relationships.
Faizal graduated with a first class in his undergraduate Law (LLB) Honours degree and a distinction in his postgraduate (MSc) degree in Islamic Banking and Finance, both from top tier UK based universities.
Faizal is a regular contributor and an international speaker, providing thought leadership at both public and private engagements across the Middle East and Africa. A regular contributor to both regional and national publications across the Middle East and Africa, Faizal has been interviewed on various platforms including the BBC, CNBC, Bloomberg, CGTN, Arab news, Gulf News and various other leading global and regional media outlets.
Having successfully mentored for HRH King Charles’ charities, the Prince’s Trust and Mosiac, over several years, Faizal continues with his passion for mentoring young, dynamic and promising entrepreneurs globally. Faizal mentors MBA students from the prestigious and the world’s leading business school, the Saïd Business School at Oxford University. Additionally, Faizal also mentors select NexGen UHNW family members from his region, supporting and guiding them as they take on more responsibility and positions of leadership within their global family businesses.
Abdullah Mahmoud Nadeem Managing Director, Troy Advisors
Managing Director at Troy Advisors, a boutique advisory firm established in 2013 with presence in Jeddah, and Dubai. Troy works closely with GCC family groups on strategic capital allocation & performance management. 18 years of experience in strategic advice, capital deployment, and financial management: Multi-year family business transformation programs. Global, multi-asset class family portfolio management. Private equity investment and management. Buy-side/ Sell-side mergers and acquisitions advice, including multi-billion SAR transactions. Director, Ithmar Capital, Dubai UAE.
Ismael Hajjar Associate Partner | MENA EY Private Leader | Family Enterprise, Family Office Consulting
Ismael Hajjar is the EY Private Leader for the MENA region and an advisor to ambitious owners, entrepreneurs and CEOs of leading private, fast growth and family enterprises. He also founded and currently lead EY MENA family enterprise and family office award-winning consulting practice which specializes in assisting successful families, entrepreneurs and family offices across MENA managing risks, preserving and growing wealth. EY Private encompasses EY flagship entrepreneurship program, Entrepreneur of the Year, which runs in over 50 countries worldwide; the Winning Women program, targeting female Founders; and a focus on Private Clients, Family Enterprise, Start Ups and IPO-bound companies. Ismael started his career in Luxembourg and has been serving international families for over 15 years. He joined EY in 2011 and is now a Dubai-based Associate Partner, currently acting as trusted advisor to a number of successful families across MENA.
Mike Rainey Partner Corporate, Finance and Investments, King & Spalding
Mike Rainey advises lenders and borrowers in connection with their financing needs, focusing on project finance in the GCC and real estate finance and investment in the GCC and Europe. Mike advises on transactions using both conventional and Shari'ah-compliant financing. Ranked by The Legal 500 U.K. and The Legal 500 EMEA both as a "leading individual" and for his Islamic finance practice, Mike is also listed in the 2016 Chambers Global guide for Islamic finance, and in the 2016 Chambers Europe and Chambers U.K. guides for banking and finance.
Nabil A. Issa Partner Corporate, Finance and Investments, King & Spalding
Nabil A. Issa is a partner in the Corporate, Finance and Investments Group of King & Spalding, working from the Dubai and affiliated Riyadh offices. Mr. Issa's experience includes work in the areas of Shari'ah-compliant funds, joint ventures, foreign investment, private equity, privatizations, venture capital, and real estate industry transactions. He is particularly known of his development and innovative fund and investment structures for real estate and private equity/venture capital investments in Saudi Arabia and the U.A.E. He received his JD and Graduate Certificate in Islamic Law from the University of Pennsylvania and was previously a Fulbright Fellow at UAE University in Al Ain. He is regularly ranked among the leading corporate and funds lawyers in the GCC in publications such as Chambers Global, Legal 500, and IFLR.
Heba Al Emara Managing Director, Vistra Middle East
Heba joined Orangefield Group (now Vistra) in 2012 as part of the UK client commercial advisory department. She has a particular focus on HNWIs, UHNWIs and Family Offices from the Arabian Gulf. She supports the structuring of international personal and business assets, succession and implementing governance across generations. Heba began her career in various legal and philanthropy roles in the City of London. She grew up in the Middle East and is equally comfortable working in English and Arabic. She holds a degree in Law and has completed the Legal Practice Course at the University of Law, London. In 2018 and 2017, Heba was named as one of eprivateclient’s ‘Top 35 Under 35’ professionals. Heba has also been shortlisted as Woman of the Year - Future Leaders in the Powerwomen Awards 2020.
Henry Kierulf Head of Active Wealth, ZEDRA Jersey
Henry is a Chartered Accountant and senior management professional with over 30 years’ experience in the finance industry. He started his career with a Big Four accounting firm in Montreal, Canada before holding senior positions with an international bank’s wealth management division in Barbados, the Cayman Islands, London and Jersey where he has resided since 2005. In his time in the Caribbean, he started in the investment business before broadening across to the trust, banking and funds areas and leading a fully integrated wealth management business in the Cayman Islands. Henry moved across to the British Isles in 2004, spent a year in London before moving to Jersey in 2005 where he has been in the trust business since that time. Henry joined the ZEDRA Jersey office in 2018, where the business provides services to clients across Global Expansion & Corporate, Active Wealth and Funds.
Akram Okeili Managing Partner, Okeili&Co
Akram Okeili is a seasoned management advisor with more than17 years in the Family Business Advisory domain. In addition to being a leader in emerging market strategy, Akram is a veteran Family Business Expert, a Governance & Restructuring Expert and a savvy Estate Planner. Akram advised more than 30 Family-Owned Businesses in Saudi Arabia, designed their Enterprise Legal Structure, institutionalized their Governance and Succession Planning journey, established their Family Offices and devised their Next-Generation Family Members’ Engagement and Development Strategies. Akram has also advised Family-Owned Businesses on expansion strategies including Portfolio Strategy and Rationalization, Re-organizations, optimal M&A scenarios, disposals, alternative investments advisory and capital raising solutions involving equity and debt financing. With a return to university in 2008, Akram Okeili earned an Executive Masters in Business Administration (MBA) from the American University of Beirut.
- Faizal Bhana, Director for the Middle East, Africa and India, Jersey Finance
- Abdullah Mahmoud Nadeem, Managing Director, Troy Advisors
- Ismael Hajjar, Associate Partner, EY
- Moderator: Michael Rainey, Partner, King & Spalding
- Nabil Issa, Partner, King & Spalding
- Henry Kierulf – Head of Active Wealth Jersey, Zedra
- Heba Al Emara, Managing Director, Vistra Middle East
- Akram Okeili, Managing Partner, Okeili&Co
Q&A and Close
Networking and Buffet