NCB Capital named Middle East Wealth Manager of the year

Press release
Published November 11th, 2013 - 05:30 GMT

During the event
During the event

NCB Capital, the leading provider of wealth management services in the GCC and Saudi Arabia’s largest asset manager, has been named Middle East Wealth Manager of the Year for the second year running by Global Investor, the specialized international investment magazine which is part of the Euromoney publishing group. 

The annual awards, now in their fourth year, recognise key achievements and innovations in wealth management, with accolades chosen by the magazine’s editorial panel in partnership with experts from around the region. The award was presented during the Global Investor/ISF Middle East Summit 2013 in Qatar on October 30. 

Commenting on the award, Tariq Linjawi, Head of Wealth Management at NCB Capital, said, “We are delighted to receive this award again following last year’s success. We work hard across the firm to ensure that we offer clients strong products and tailored advice, through multiple distribution channels, to help them achieve their financial goals. This recognition is testament to our commitment in these efforts and highlights our strength in the region”.

NCB Capital places market-leading equity research and award-winning products at the centre of its client relationships, which benefit from the expertise of the Kingdom’s largest team of internationally-accredited wealth managers.  

It is the largest wealth provider in Saudi Arabia in size, share and reach, with over one million clients, and SR 46.1billion (US$12.29billion) (Sept 2013) of assets under management as well as being the global leader in Islamic mutual funds, managing the world’s largest Shariah-compliant money market fund.

Background Information

NCB Capital Company

NCB Capital was founded in 2007 as the investment banking and asset management arm of the National Commercial Bank (over 90% ownership), providing clients with premier solutions of integrated investment services. Today, NCB Capital is the largest Asset Manager in the Kingdom of Saudi Arabia and the largest Sharia compliant Asset Manager globally with over SAR140 billion of assets under management.

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