Leading global professional services firm Alvarez & Marsal (A&M) continues to boost its Sovereign Advisory Services (SAS) practice with the appointment of Abdalla ElEbiary as Managing Director.
This appointment will further boost A&M’s engagement with sovereign clients, particularly governments, sovereign wealth funds, State Owned Enterprises (SOEs), central banks, and Multilateral Development Banks (MDBs). This aligns with the SAS practice’s mission to improve debt sustainability, increase access to capital, and promote sustainable economic growth in emerging markets.
Industry sources added that Mr. ElEbiary will be based in Dubai and report to Dr Reza Baqir, Managing Director and Global Practice Leader for SAS. He brings 30 years’ of experience in sovereign wealth funds, private equity, investment banking, and corporate finance to his new role.
Mr. ElEbiary stated, “I am excited to join Alvarez & Marsal and help drive the expansion of the Sovereign Advisory Services practice globally. I look forward to leveraging my experience in leading a sovereign fund, as well as capitalizing on my extensive knowledge and practice in private equity in emerging markets. My focus will be on delivering solutions that build long-term value for future generations.”
Dr Baqir added, “We are delighted to welcome Abdalla to our growing SAS team. Abdalla’s experience in sovereign funds, private equity and investment banking is unique, and will help us to offer tailor-made solutions for our sovereign clients. His experience not only complements our existing team but also addresses the needs of our clients on a global scale as well as regionally in the Middle East, North Africa, and Central Asia. I am confident that Abdalla will be instrumental in deepening our relationships with governments and sovereign wealth funds alike.”
Peter A. Briggs, Managing Director and Division Executive of A&M’s Sovereign Advisory Services practice, commented, “Bringing a professional of Abdalla’s calibre and diverse background to A&M reflects our firm’s commitment to excellence in serving our sovereign clients in a holistic manner. His addition to our Sovereign Advisory Services team will allow A&M to further expand our offering to serve sovereign wealth funds and state-owned enterprises.”
