{"id":107617,"date":"2025-09-18T00:00:00","date_gmt":"2025-09-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/goldman-sachs-co-ceo-for-mena-retires-al-wathba-appoints-new-ceo-plus-bildcos-chairman-resigns\/"},"modified":"2025-09-18T00:00:00","modified_gmt":"2025-09-18T00:00:00","slug":"goldman-sachs-co-ceo-for-mena-retires-al-wathba-appoints-new-ceo-plus-bildcos-chairman-resigns","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/09\/18\/goldman-sachs-co-ceo-for-mena-retires-al-wathba-appoints-new-ceo-plus-bildcos-chairman-resigns\/","title":{"rendered":"Goldman Sachs co-CEO for MENA retires + Al Wathba appoints new CEO. Plus: Bildco\u2019s chairman resigns"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al <\/strong><strong>Wathba <\/strong><strong>Ins. appoints new CEO:<\/strong> Al Wathba National Ins. has named Shukri Almheiri as its new chief executive officer (CEO), according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/9\/1006.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>. Almheiri has over 30 years of experience in ins., investment, and corporate governance and will lead the company\u2019s goal to reach revenues of AED 2 bn by 2030. Almheiri has been a board member since 1998 and has also held senior positions at Adnoc, the Health Ministry, Dubai Investment Industries, and Abu Dhabi Investment Company.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Senior<\/strong><strong> executive at Goldman Sachs retires:<\/strong> Goldman Sachs\u2019 co-chief executive for the Middle East and North Africa region, Fadi Abuali (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/fadi-abuali-331393\/?originalSubdomain=uk\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), will retire, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-09-16\/goldman-s-middle-east-co-ceo-abuali-to-depart-after-28-years\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports, citing an internal company memo confirmed by a spokesperson. Abuali was appointed co-CEO, alongside Zaid Khaldi, in 2020, and also served as co-head of the firm\u2019s international asset management arm.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bildco\u2019s board chairman resigns: <\/strong>Abu Dhabi National Company for Building Materials\u2019s (Bildco) board of directors has accepted <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/51d97c7a-6af6-4d76-9feb-920598e0d5a5\/sharjah-now-has-a-media-council-%2B%253cmark%253e-bildco%253c%2Fmark%253e-names-new-chairman.-plus:-deputy-chairman-named-for-the-presidential-court-for-special-affairs\" style=\"\" rel=\"noopener\">Omran Al Hallami<\/a> \u2019s resignation as chairman, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/9\/1043.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. Al Hallami joined as chairman <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/51d97c7a-6af6-4d76-9feb-920598e0d5a5\/sharjah-now-has-a-media-council-%2B%253cmark%253e-bildco%253c%2Fmark%253e-names-new-chairman.-plus:-deputy-chairman-named-for-the-presidential-court-for-special-affairs\" style=\"\" rel=\"noopener\">last year<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The disclosure did not disclose if a successor has been named yet<\/strong>, but the firm approved the reconstitution of the board at a general assembly on Tuesday, electing new members, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/9\/1044.pdf\" style=\"\" rel=\"noopener\">separate disclosure (pdf)<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fadi Abuali leaves his position at Goldman Sachs after five years<\/p>\n","protected":false},"author":1,"featured_media":107618,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1549],"tags":[235,1318,7,315,132,33],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-107617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-moves","tag-al-wathba","tag-bildco","tag-enterpriseam-uae","tag-goldman-sachs","tag-insurance","tag-moves","wpautop","entry"],"acf":{"mongo_id":"4f5b408d-a291-471d-b07b-03cc7141ea32","order":"12","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/9\/1067.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Goldman Sachs co-CEO for MENA retires + Al Wathba appoints new CEO. Plus: Bildco\u2019s chairman resigns","related_issue":[107596],"teaser":"Fadi Abuali leaves his position at Goldman Sachs after five years","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.68fd04ae-a7e1-43c6-8766-c1061b162ec6.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Goldman Sachs co-CEO for MENA retires + Al Wathba appoints new CEO. 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