Investcorp appoints Gulf head

Mohammed Al-Shroogi, a 30-year Citi veteran, has resigned from the financial services giant to join the Bahrain-based investment manager.

Investcorp, which is listed on the Bahrain and London stock exchanges, has named Mohammed Al-Shroogi as head of its activities in the Gulf region.

Al-Shroogi is a 30-year Citi veteran, who recently resigned as its managing director for the Middle East and its chief executive office in the UAE.

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