Neuberger Berman, an investment banking firm, has announced the appointment of Khalid Albdah as Head of Middle East, North Africa, and New Markets, effective January 2025. 

Khalid recently stepped down as CEO of Goldman Sachs KSA and Co-Head of Goldman Sachs Asset Management for the Middle East, North Africa, and New Markets. With over a decade of leadership experience, he has held key roles at leading organisations such as Al Rajhi Capital, the Capital Market Authority, and the Saudi Capital Committee. He is also a member of AlTamayyuz Academy.  

In his new role, Khalid will oversee Neuberger Berman’s strategic growth in the region, focusing on client coverage, operations, and investments. He will also join the firm’s Partnership Committee.  

Khalid’s academic credentials include an MBA in Finance from Johnson & Wales University, a Bachelor's in Accounting from King Saud University, and a Business Administration certificate from the UW Foster School of Business. 

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Welcoming Khalid to the leadership team, Matt Malloy, Head of the Global Institutional Client Group and Head of EMEA at Neuberger Berman, said, “With our long-standing presence in Dubai, Khalid’s appointment marks a significant step in deepening our commitment to the Middle East. His expertise will be instrumental as we strengthen our local presence to better serve clients and navigate this dynamic market for our investors.”  

George Walker, CEO of Neuberger Berman, added, “The evolving nature of our partnerships with local clients is opening up exciting opportunities across our investment platforms. Khalid’s leadership and extensive network will help us further enhance our client relationships and investment offerings in the region.”  

Khalid also expressed, “Neuberger Berman’s expanding footprint in the region reflects its dedication to delivering sophisticated investment solutions across both private and public markets. I’m excited to build on the firm’s achievements by growing local teams, investing in the domestic economy, and aligning our global expertise with the unique needs of regional clients.”