Chairman: Mohammed Al-Shroogi[/caption]
Mohammed Al-Shroogi is Investcorp’s co-chief executive officer, responsible for placement, investor’s relations, and administration. He became chairman of GCC Board Directors Institute in 2015.
Over the course of a career that began more than four decades ago, Mr Al-Shroogi has built and nurtured a wide network of strategic business relationships across the Middle East and North Africa, spanning key regulators, central banks, financial institutions, corporates, and senior government officials.
Mr Al-Shroogi joined Investcorp in 2009 as president of the firm’s Gulf business. He oversaw the development of private equity investment business in the MENA and Turkey region. Investcorp is now the largest private equity investor in the Gulf Region. He also was instrumental in rebuilding the Placement and Relationship Management Team after the financial crisis and this team is now raising more capital in alternative investments than any other firm in the Gulf Region.
Mr Al-Shroogi was appointed co-CEO in 2015, upon the founding chief executive officer’s retirement. Since then he has been instrumental in a number of growth initiatives for the firm. These include broadening the client base and deepening market share with a wider product offering like core US real estate, club and co-investment private equity deals, and European real estate. He is also spearheading an initiative for distribution of Investcorp’s products in Asia.
Prior to joining Investcorp, Mr Al-Shroogi was division executive for the Middle East and North Africa region and CEO for the United Arab Emirates at Citigroup.
In addition to being co-CEO of Investcorp, he currently serves as chairman of L’Azurde Company for Jewelry, a Saudi joint stock company; chairman of GCC Board Directors Institute (GCC BDI); member of the board of trustees for Bahrain Centre for Studies & Research; member of National US – Arab Chamber of Commerce, Washington DC; member of the board of Injaz Al Arab; and board member of the Crown Prince’s International Scholarship Program (CPISP).
Mr Al-Shroogi has been a member of the Bahrain Shura Council, member of the board of trustees at Bahrain University, and a member of the Bahrain Economic Development Board, as well as serving as chairman of Investcorp Saudi Arabia Financial Investments Company. Mr Al-Shroogi holds a BA in Commerce from Kuwait University and has attended the Harvard Management Executive Program.