Hamed Khan has been appointed as Executive Director at Riyadh-based financial advisory firm Haykala with over 30 years of experience in banking and advisory services. His long career includes corporate finance, asset management, transactions, and restructuring, and he has a rich history of high-profile projects with the financial sector. 

His last assignment was as an advisor to the Head of the Special Assets Management Division at Banque Saudi Fransi, where he led significant initiatives, including the issuance of Saudi Arabia’s first perpetual sukuk and several restructuring projects worth over SAR 12 billion. This role highlights his proficiency in managing complex financial structures and his strategic impact on the Saudi financial landscape. 

Previously, Khan held key leadership positions at Gulf International Bank and Dubai Islamic Bank. Notably, he played a pivotal role in structuring Dubai International Airport’s world-record sukuk issuance, Saudi Electricity Company’s first international loan, and Qatar’s inaugural Independent Water and Power Project. These projects contributed significantly to the development of the Islamic finance market and have been landmark achievements in the region’s financial history. 

At Haykala, Khan will be responsible for the growth of the firm in debt restructuring and structured finance, thus adding more to its services provided to the clients. Haykala, being a part of the global network IMAP, has welcomed his appointment with enthusiasm and stated how Khan’s experience will further strengthen the firm’s capabilities to provide innovative financial solutions. The firm’s leadership noted that Khan’s addition will further solidify Haykala’s position as a leading financial advisory business in the region. 

In his new position, Khan enthusiastically expressed his excitement in joining Haykala, stressing that the company is committed to revolutionizing Saudi Arabia’s financial industry. He stressed that Haykala’s emphasis on innovation resonates with his perspective of strategic, future-enabling solutions that support the economic transformation and growth of Saudi Arabia. 

Haykala’s services go beyond financial restructuring, including advisory in areas such as initial public offerings (IPOs), fundraising (both debt and equity), and mergers & acquisitions-all of which constitute its full advisory approach to clients. The strategic expansion of services offered by Haykala is congruent with the changing economic and financial scenario of Saudi Arabia.