The team at Rasmala is made up of highly experienced individuals with global expertise and local knowledge. The dedication, creativity and intellectual vigour of our people has earned the trust of regional and international investors. Rasmala attracts talented people from all over the world and provides a distinctive culture in which they can thrive and excel. Our team has a demonstrable track record in asset management, private equity, investment banking, strategic management and mergers & acquisitions.

David Marshall
Head of Products
Read Complete Biography

David is Head of Products. He is  a qualified investment professional with approximately 20 years’ industry experience. Prior to Rasmala, David was General Manager of the Product and Advisory Function within Emirates NBD with responsibility for the selection and management of wealth products across the major segments of the bank. Previously he was Senior Executive Officer at Emirates NBD Asset Management, a company incorporated in the Dubai International Financial Centre and regulated by the DFSA.

Haroon Ahmad
Head of Business Development
Read Complete Biography

Haroon-AhmadHaroon is Head of Business Development. He has over 17 years’ experience in the financial services industry across the UK, US and the Middle East with HSBC, HSBC Amanah, Emirates NBD Asset Management and Alinma. He has a broad range of experience covering product, structuring, origination and coverage. Haroon holds an Economics degree from University of Warwick. He is a qualified ACA from England and Wales and a CFA charter holder.

Naseer Aka
Head of Real Estate
Read Complete Biography

Nasser AkaaNaseer is Head of Real Estate. Prior to Rasmala, Naseer held several positions at Coutts Dubai, Credit Suisse Dubai, Deutsche Bank London, UBS London and Citigroup involved in originating, structuring and financing large UK and US real estate transactions for Middle Eastern and Eastern European clients. Naseer holds a Mathematics degree from the University of London.

Doug Bitcon
Head of Credit Strategies
Read Complete Biography

Doug BitconDoug is Head of Credit Strategies. Prior to Rasmala, he worked at ABSA Bank in London as a Corporate Credit Analyst before taking responsibility for the bank’s proprietary credit trading and investment portfolios, focused on higher yielding emerging market exposures. Doug started his career as a Corporate Credit Analyst in South Africa after graduating from Natal University with a Bachelor of Commerce degree.

Ahmed Abou El-Saad
Managing Director Rasmala Egypt
Read Complete Biography

Ahmed-Abou-Elsaad-formattedAhmed is Managing Director of Rasmala Egypt. Prior to Rasmala, he worked as Head of Asset Management at Naeem Holding and Head of Capital Markets at MI Bank He holds a Bachelor of Arts degree from Alexandria University and an MBA from Arab Academy for Science and Technology. He is an Investment Instructor in the Credit and Investment courses at the Banking & Finance Institute of the American University in Cairo and is a CFA Charterholder. Ahmed is Board Member of Rasmala Egypt Asset Management SAE.

Zak Hydari
Chief Executive
Read Complete Biography

UntitledZak Hydari is Chief Executive of Rasmala plc and Group Chief Executive of Rasmala Holdings Limited. Since his appointment as Chief Executive he has been instrumental in leading the business through a key acquisition and implementing post-acquisition value enhancement strategies. Zak is a special situations private equity investor with significant experience in raising capital from GCC based investors. He is a Board Member of Rasmala plc and Rasmala Holdings Limited. Zak is also Co-Founder of HBG Holdings, a special situations private equity investor. He holds an MBA from Cranfield University.

Harris Irfan
Managing Director - Investment Banking
Read Complete Biography

Harris IrfanHarris is Head of Investment Banking. He has over 20 years’ experience in investment banking. He is the founder of Cordoba Capital, an Islamic finance consulting firm. Prior to Rasmala, Harris was co-founder of the Islamic Finance team at Deutsche Bank, CEO of Dar Al Istithmar (Deutsche’s Islamic finance subsidiary) and was global head of Islamic finance for Barclays Capital, Barclays Wealth and Barclays Corporate. He holds MA (Hons) in Physics from the University of Oxford and is the author of Heaven’s Bankers, a critically acclaimed history of the development of Islamic finance.

Neil McDougall
Chief Financial Officer
Read Complete Biography

Neil McDougallBefore joining Rasmala, Neil served as CFO in various organisations including Europe Arab Bank Plc, Commerzbank and Standard Chartered. Prior to these roles Neil also covered CFO roles at Bank of Nova Scotia, Dai-Ichi Kangyo (now Mizuho) and started his career working for Kleinwort Benson Merchant Bank. Neil has extensive international experience and obtained his CIMA qualification in 1993. He is a Board member of Rasmala plc.

Larry Sacks
Head of Risk Management
Read Complete Biography

Larry SacksLarry Sacks joined Rasmala in 2014. He has extensive risk management experience at global financial services firms including Mitsubishi UFJ Securities, Bache Commodities, and Macquarie Bank. He has worked in several major financial centers before settling in London including New York, Hong Kong and Sydney. Larry holds a BS degree in Operations Research from Columbia University and an MBA in Finance from the University of Chicago.

Ali Taqi
Head of Equities
Read Complete Biography

Ali Taqi joined Rasmala in July 2016 as Head of Equities. Ali brings nearly 16 years of buy-side investment experience and business development; CFA charterholder with a Masters of Engineering degree in Operations Research & Industrial Engineering and Dean’s Certificate in Financial Engineering from Cornell University. Ali’s career started in the United States with Manning and Napier Advisors as part of the equity research team. He worked at National Bank of Kuwait and Gulf Investment Corporation before setting up A/T Capital Management in 2008.

As Head of Equities, Ali is responsible for managing Rasmala’s regional equity strategy; as well as further developing regional equity business including upcoming product innovation and expansion.

Eric Swats
Senior Executive Officer
Read Complete Biography

Eric SwatsEric is Senior Executive Officer. Prior to joining Rasmala, he spent 17 years with Citigroup Asset Management. At Citigroup London, he served as Head of European Private Bank Asset Management and was a member of the Global Asset Allocation Committee and Head of the European Regional Investment Committee. Eric was also fixed income Fund Manager based in Zurich and short-term fixed income Fund Manager based in New York. Eric holds an MBA in Finance from New York University and is a CFA Charterholder. He is Board Member of Rasmala Investment Bank Limited (RIBL) and Rasmala Egypt Asset Management SAE (REAM).

Babar Mufti
Head of Treasury
Read Complete Biography

Babar MuftiBabar Mufti has over 20 years of international banking experience with multinational banks across treasury management, business development and wealth management. He has in-depth experience of major financial centres of London, Singapore, Geneva, Miami and Dubai. His professional experience includes Standard Chartered Bank as regional head Europe at Consumer Bank Treasury Market Sales and American Express Bank as head Europe & Americas for Global Financial Products & Securities. Earlier, he led Asia-Pacific Fixed Income trading. He holds an MBA (Finance) and Bachelors in Mechanical Engineering (USA).