Investcorp Appoints Ex-Morgan Stanley Banker as Saudi Arabia CEO
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Investcorp Bank BSC, the Bahrain-based private equity firm, appointed former Morgan Stanley banker Gabriel Aractingi as chief executive officer for its business in Saudi Arabia.
Aractingi, previously head of Morgan Stanley’s operations in the kingdom for three years, has been with Investcorp since last year as a managing director, according to an emailed statement from Investcorp on Tuesday. Aractingi was the U.S. lender’s head of private wealth management in the Middle East and North Africa region and left the bank in August.