Speedinvest has appointed our friend Rana Abdel Latif (LinkedIn) as partner on its emerging markets team as the European early-stage VC fund looks to expand its footprint in the region, according to a statement (pdf). Abdel Latif, who holds an MBA from Columbia Business School and London Business School, brings two decades of experience in asset management and banking along with prior experience in mergers and acquisitions. She is joining Speedinvest from Cairo-based fintech investment platform Nclude, where she co-led the closing of six transactions for the portfolio. At regional investment firm Qalaa Holdings, Abdel Latif led M&A and financing transactions across North and East Africa.
Speed invest has more than EUR 1 bn in assets under management from more than 40 limited partners. It has more than 300 companies in its portfolio.
The board of Tihama, the advertising, public relations, publishing, and media group, appointed Hatem bin Ali Bargashas chairman, effective this past Sunday, it said in a disclosure to Tadawul. Bargash succeeds Muhammad Al Shabib, who stepped down from the position for personal reasons. Al Shabib will continue to serve as a non-executive member of the board.