Latham and Watkins partner named to prestigious board position at World Bank

Mr. Al-Sheikh has led our Riyadh office with distinction since its opening in 2010 and he has contributed significantly to the growth of our practice in Saudi Arabia. He will be leaving the firm to take up this full-time position and we wish him much success as he embarks on this new chapter in his career.

We are delighted to announce that finance partner Salman Al-Sudairi has succeeded Mr. Al-Sheikh as Office Managing Partner in Riyadh, and Latham & Watkins now practices in Saudi Arabia in association with the Law Office of Salman M. Al-Sudairi. Mr. Al-Sudairi is a prominent New York and Saudi Arabian qualified lawyer who has been with Latham & Watkins since 2007, spending three years in the New York office before joining Mr. Al-Sheikh in 2010 to establish Latham & Watkins' presence in Riyadh.

Mr. Al-Sudairi has worked on some of the most noteworthy financial restructurings in Saudi Arabia over the last several years, including advising Saudi Arabian and international banks in the restructuring of approximately SAR 7.5 billion of indebtedness of Al-Ittefaq Steel Projects Company. He has also advised on a number of landmark capital markets transactions, including the initial public offerings of Al Tayyar Travel Group and Takween Advanced Industries.

A strong Riyadh office is important to the strategic growth of our global practice. We are proud of our accomplishments in Saudi Arabia and the Middle East region, and we are excited by the opportunities we see to further grow our practice in the service of our clients.