![Investcorp CEO Timothy Mattar steps down; Mohamed Aamer takes over as Interim CEO;](https://res.cloudinary.com/people-matters/image/upload/fl_immutable_cache,w_768,h_432,q_auto,f_auto/q_auto,f_auto/v1739426692/1739426691.jpg)
Investcorp CEO Timothy Mattar steps down; Mohamed Aamer takes over as Interim CEO;
Leading alternative investment company Investcorp Capital has announced the appointment of Mohamed Aamer as the interim Chief Executive Officer, succeeding Timothy Mattar.
Timothy, who has been with the company for over three decades, has announced his retirement. He joined the company at its inception and played a pivotal role in its growth and expansion over the years, including its listing and IPO on the Abu Dhabi Securities Exchange.
The company stated, “Investcorp Capital is pleased to announce the appointment of Mohamed Aamer as Interim CEO, effective March 1, 2025. Mohamed will succeed Timothy Mattar, the current CEO of Investcorp Capital, who has been with the company since its inception and will be retiring after nearly 30 years with the Investcorp Group.”
Aamer, who joined Investcorp in 2015 as a Principal, was appointed Managing Director in January 2025. The retiring CEO and interim CEO will work closely to ensure a smooth transition of responsibilities. Meanwhile, Investcorp is also searching for a long-term CEO.
Commenting on the leadership change, Mohammed Alardhi, Chairman of Investcorp Capital, said, "Investcorp Capital has shown resilience and continues to capture excellent global investment opportunities.”
He extended his gratitude to the outgoing CEO, adding, “I thank Tim for his exceptional leadership and nearly three decades with Investcorp and wish him well in retirement.”
Welcoming Aamer, he said, “Mohamed, with his extensive market knowledge and deep understanding of Investcorp's values, is the natural choice for Interim CEO. I look forward to working with Mohamed to continue delivering attractive returns to shareholders.”
Tim also shared, “Having spent nearly three decades at Investcorp and witnessed the company’s phenomenal growth, particularly in the last ten years, this is a significant moment for me. Leading Investcorp Capital when it listed in 2023 was a highlight of my career, and as I look forward to a well-earned retirement, I know I am handing over the reins to a highly capable colleague whom I know well from my time leading Investcorp’s Distribution team.”
Aamer added, “Investcorp Capital represents a unique investment opportunity in the global alternatives space and has a compelling equity story. I look forward to driving the company forward and engaging with its shareholders and wider stakeholders. I have worked with Tim across GCC markets throughout my career at Investcorp, benefiting from his wealth of industry experience. I wish Tim all the best in his retirement and thank him for all he has done for the company.”
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In his interim role, Aamer brings over 25 years of industry leadership experience. Over the years, he has played a key role in driving the company’s growth and expansion initiatives across Abu Dhabi, strengthening its market position. This is Aamer’s second tenure with the company, as he previously served as Principal for nearly three years until 2013. In his earlier roles, he worked with PineBridge Investments as Vice President and Gulf Finance House as Executive Director. At the beginning of his career, he worked with Kuwait Finance House and Commercial Bank of Bahrain, building his expertise in finance leadership.