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Mansour comes to Citadel Capital after 14 years at EFG-Hermes, where he worked across a number of sales roles throughout Saudi Arabia and the Gulf. Mansour most recently headed the Gulf sales function for all EFG-Hermes product lines from the investment bank's Riyadh office.
"We are delighted to have Mohsen Mansour join Citadel Capital as a Vice President responsible for expanding our placement in the Gulf. After two years of nurturing our existing platforms, it is time for us to embark on a wave of new deals and Mohsen will be part of a team that raises financing for those deals,"said Ahmed Heikal, Citadel Capital's Chairman and Founder.
Earlier this year, Citadel Capital raised more than $100m in successive rights issues in an effort to expand the firm's ability to take sizable equity stake in future opportunities. In addition, the firm raised $150m for equity and equity-linked products. As a control investor, Citadel Capital aims to hold a 10 to 20% stake in most investments, with the remaining ownership going to individual or institutional financial investors from Egypt, the Arab world and Europe.
Mansour holds a BSc degree in Mechanical Engineering from Cairo University.
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Rana Mesbah
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