Dubai-listed Shuaa Capital has appointed Nabil Al Rantisi as group chief executive, effective September 1, 2025. The outgoing CEO, Wafik Ben Mansour, will become senior adviser to the board.
Under Mansour’s stewardship, Shuaa delivered two consecutive quarters of profit and strengthened its capital structure.
Al Rantisi joins as Shuaa pursues a revised strategy. The firm said it plans to launch new investment funds and relaunch its investment banking arm. Management is drawing up a five-year plan focused on business expansion and value creation across the region and beyond.
Industry observers note that Al Rantisi brings extensive experience in investment banking and asset management. His appointment signals a shift from recovery to aggressive growth.
Shuaa was founded in 1979 as a public-sector investment vehicle and reinvented itself over the years through asset sales, restructuring and a 2019 merger with Abu Dhabi Financial Group. It now operates as an asset management and investment banking platform.
