SICO Capital, a leading provider of asset management, brokerage, investment banking, and fund services in Riyadh and licensed by the Saudi Capital Market Authority, today announced the appointment of Abdulrhman Alzunaytan as Head of Real Estate, effective 27 October 2026. Mr. Alzunaytan will lead SICO Capital’s real estate asset management activities, including the development and management of its funds, in support of the company’s strategic focus on expanding its business in the Kingdom of Saudi Arabia.
Mr. Alzunaytan brings more than a decade of experience in real estate investment, fund management, and real estate development in Saudi Arabia. Previously, he served as Acting Chief Executive Officer and Head of Investments and Funds at Alaqtar Real Estate Development Company. Earlier in his career, he held investment and fund management roles at Al Rajhi Capital, BLOMINVEST Saudi Arabia, and Tharwat for Financial Securities. He holds an MBA from the University of Toledo and a Bachelor’s degree in Finance from King Saud University.
Commenting on the appointment, Wissam Haddad, Chief Executive Officer of SICO Capital, said, “Expanding our real estate investment offering is an important component of our growth in the Kingdom. Abdulrhman’s experience in structuring and managing regulated funds positions him well to lead this business and deliver high-quality investment opportunities to our clients. His appointment reflects our continued investment in Saudi talent and leadership, which is central to how we serve our clients and grow our business.”
Abdulrhman Alzunaytan added, “I am delighted to join SICO Capital and to contribute to the continued development of its real estate investment business. Building on the firm’s established capabilities and regional expertise, I look forward to working closely with the team to deepen our relationships with investors and partners, explore promising opportunities in the Saudi real estate market, and develop well-structured investment solutions that create sustainable, long-term value for our clients.”
About SICO Capital:
SICO Capital is a full-service financial services firm that offers a comprehensive range of services and products to individual, institutional and corporate clients. SICO Capital has a paid-up capital of SAR 100 million and is incorporated as a closed joint stock company (CJSC) in Riyadh, Kingdom of Saudi Arabia (KSA) under Commercial Registration No. (1010259328). SICO Capital is licensed by the Capital Market Authority (CMA) under Authorization No. (08096-37) and commenced operations on 20/06/2009G. Our comprehensive licenses allow us to offer the full spectrum of capital market activities such as Arranging, Advising, Custody, Dealing, Managing Investments and Operating Fund. SICO Capital manages SAR 6.1 billion in AUMs (as of March 31, 2026G) across mutual funds and discretionary portfolios, we aim to service our clients to achieve their investment objectives through our research-driven investment process, insightful financial advisory while operating in a client-centric, high-performance culture. SICO Capital is 100% owned by SICO BSC (c), Bahrain, a leading regional asset manager, broker, and investment bank with more than USD 8.9 bn in assets under management (AUM).
