Hussain Al Qemzi
Chairman
Hussain is a seasoned banker with over 30 years of experience. Hussain served as Chief Operating Officer of Operations at the Dubai International Financial Centre (DIFC) until 2003 and is credited with laying the groundwork for a world-class financial hub. Hussain also led Sharjah Islamic Bank as its Chief Executive Officer until 2006. In 2006, he was mandated by the Government of Dubai to establish a new shariah-compliant financial institution and he was appointed as Group CEO for Noor Bank PJSC - with an asset size of over AED 40Bn. In addition to the above roles, Hussain has also served on the board of a number of companies including Dubai Financial Market, Dubai International Financial Exchange, Noor Bank PJSC, Diera Investment Company, Noor Takaful PJSC.
Saadaat Yaqub Bajwa
Founding Partner
Saadaat brings over 20 years of experience in institutional banking, investment advisory and business development, with deep expertise in both Islamic and conventional financial products. Prior to co-founding Fiducia Capital, he served as the Head of the Wholesale Banking Group at Noor Bank PJSC, Dubai, since 2007.Throughout his career, Saadaat has successfully led the origination, execution, and placement of over 150 primary syndications, capital markets, and corporate finance transactions, with an aggregate value exceeding USD 100 billion. His track record spans multiple sectors and asset classes, reflecting his strategic leadership and execution capability in complex financial mandates.
Sathish Subbiah
Founding Partner
Sathish brings more than 22 years of wealth management experience working with UHNW private clients, family offices and financial institutions across the US, UK, Europe, Middle East and Asia . In his most recent role, he was the co-founder and Senior Executive Officer of Plurimi Wealth (Dubai) Limited and MD & Partner of Plurimi Wealth LLP in London. He started his career with Morgan Stanley in LA, California and held various senior positions at UBS Wealth Management, Barclays Private Bank and Lloyds Private Bank based in London.
Vincent Carfora
Senior Partner
With over twenty-five years of wealth management, institutional and corporate banking experience across London, Switzerland, the Middle East, and Singapore, Vincent is regarded as one of the leading proponents in the sector. Prior to joining Deutsche Bank in 2004 and remaining there for eighteen years, Vincent covered institutional clients for UBS in Switzerland and London. Whilst at Deutsche Bank he was Group Head of Wealth Management, overseeing a team across London, Switzerland , Singapore and Dubai covering primarily Entrepreneurs. In addition to sitting on a plethora of investment committees and holding positions within these leading investment banks, Vincent has been at the forefront of innovating and shaping the industry for many years.
Kalpana Shah
Managing Director
Kalpana Shah, Chartered FCSI, brings over 35 years of experience in international private banking, with a focus on the East Africa region. She began her career at Bank of America, covering the NRI (Non-Resident Indian) community for four years, before moving to Crédit Agricole for seven years, where she was responsible for establishing the bank’s NRI division in London. She later joined HSBC Private Bank in London, serving as Director and Head of East Africa for over eleven years. Prior to joining Fiducia Capital, Kalpana was Managing Director at Azure Wealth, which subsequently merged with Hywin Wealth, where she served clients primarily from Africa.
Kalpana holds a BA in Accounting and Finance and has been a member of the Financial Conduct Authority since 2002. She continues to maintain strong relationships across Africa, assisting clients with corporate structuring and wealth management.
Rauman Trehaan
Chief Investment Officer
Rauman is a seasoned Chief Investment Officer with a distinguished two-decade career in Investment Strategy, Multi Asset Allocation & Private Wealth Management. He has held senior roles at Citibank, Emirates NBD, Standard Chartered Bank, and ICICI Bank in Singapore, Dubai, and India. With a proven track record of generating superior returns in diverse market conditions and renowned for his prescient forecasts, Rauman is a trusted advisor to UHNW private clients, family offices, and institutions across EMEA & APAC. Recognized for his astute knowledge of global markets, Rauman excels in identifying strategic long-term investment themes and possesses analytical prowess to assess market trends for tactical decision-making, coupled with robust risk management and hedging strategies. Rauman's exceptional track record includes accurately predicting significant market events such as the turmoil surrounding COVID-19, the historic dip in oil prices, U.S. interest rates surpassing 5%, and the remarkable rally in gold prices.
Rizwan Hameed Chapra, CFA
Chief Operating Officer
Rizwan Hameed Chapra is a highly accomplished executive with over 25 years of leadership experience in the financial sector across the Middle East, UK, and South Asia. Known for driving organizational growth, implementing effective governance, and leading strategic initiatives, Rizwan excels in managing operations and spearheading regulatory compliance and risk management. He spent sixteen years at United Bank Limited (UBL), ultimately serving as Country General Manager for UBL-UAE. He also served as COO and Head of Strategic Initiatives at Tempus Capital Partners in London. Rizwan holds a CFA designation, an MBA in Finance, CAMS certification, and a wealth and investment management certification from CISI.
Ankit Kapoor
Investment Advisor
Ankit brings over 7 years of wealth management experience, specializing in equities, fixed income, alternative investments, and FX strategies. Starting his career in the UAE, he developed expertise in financial analysis, private company valuations, feasibility studies, and M&A. With a B.Tech degree and CFA and FRM charters, Ankit has advised clients on portfolio allocation and investment strategies. In his recent role, he focused on asset allocation, portfolio construction, and risk management.
Aly Ajani
Head of Corporate Finance
Aly Ajani has 20 years of institutional banking experience with Citibank. He has managed a number of geographies across the region and has a wide range of transactional execution experience across corporate finance, equity and debt capital markets and M&A. His last role at Citi was the Head of Banking for Citibank UAE. Aly has been instrumental in developing in private placement capability at Citibank UAE. Aly has originated and placed over USD 200Bn across sectors for his clients in different geographies through a combination of bank market and public and private debt and equity markets and brings significant knowledge and capability to the team.
Arjun Baljee
Senior Advisor
Arjun Baljee is a hospitality, real estate, and tech startup professional with over 20 years of experience. Arjun is a creative thinker who has worked in and advised across multiple geographies and businesses, from startups to large corporations, governments to charities. Arjun is the President of Royal Orchid Hotels, a publicly traded hotel, major in India with over 100+ hotels under management. His role of project implementation with the group saw the company grow from 2 hotels in 2001 to 10 hotels within a span of 6 years, including working on the immensely successful IPO of the company in 2006. In his most recent role, Arjun was Strategic Advisor to the Tourism Development Fund (TDF) of Saudi Arabia, a sovereign fund responsible for investments across the tourism ecosystem in the Kingdom, partnering with global brands to enable them to invest and operate in the burgeoning South Arabian market.
Zainab Ahmed
Associate Director
Zainab is a highly skilled finance professional with 13+ years of experience in investment banking and financial advisory covering GCC markets, with a focus on Shariah compliant fixed income. At Fiducia Capital Limited, she provides fixed income investment advisory and manages client services for UHNWIs. Earlier she worked with Noor Bank (UAE) as part of the Shariah compliant debt capital markets team, arranging capital markets transactions in excess of USD 14 billion for Emirates Airlines, Nakheel, Investment Corporation of Dubai, Aldar and Dubai Holding and has also held strategic planning and communication roles with Fortune 500 companies, Shell and GlaxoSmithKline.
Nupur Changrani
Assistant Relationship Manager
Nupur is a skilled finance professional with over eight years of experience in the financial services industry. As an Assistant Relationship Manager at Fiducia Capital, she brings a deep understanding of portfolio risk management and a strong commitment to enhancing the overall client experience. Prior to her current role, Nupur worked with leading global institutions such as NatWest and Citibank, where she focused on managing diverse client portfolios and delivering tailored financial solutions.
Graeme Mulcair
Client Relationship Associate
Graeme has over eight years of experience in the financial services industry, specialising in wealth management and institutional advisory. He has held roles in both Ireland and the UAE, including positions at a single-family office and a leading Irish wealth management firm. His expertise spans portfolio management, investment strategy and client relationship management. At Fiducia Capital, he supports the management of client portfolios and contributes to investment strategy and execution. Graeme holds a Bachelor’s degree in Business Studies and a Master’s in Economics from the University of Limerick.
Erum Attique
Client Service Associate
Erum has over 5 years financial experience, serving in Business Analyst and Product Management roles at MCB and UBL bank with a strong focus on business development covering conventional and digital deposit products. At her previous role in UBL, she has successfully launched market acclaimed deposit products for various market segments, delivering substantial deposit mobilization and accelerated client acquisition. As a product manager she was also responsible for managing current and saving portfolio of USD 3 Billion deposit and 2 million accounts and has also led the re-designing of product offerings, product marketing strategy and client engagement strategy based on client segmented approach for revenue optimization.
Syeda Faiza
Finance Officer
Faiza Ahmed has been in the financial services industry since 2000. She has extensive experience in Corporate & Institutional Banking, managing corporate portfolios over USD 120m and developing customized financing solutions for top-tier clients. Faiza has also managed institutional relationships with various commercial banks and non-banking financial institutions. In her role as Assistant Vice President in corporate finance, she oversaw the origination, execution, and distribution of structured finance, capital markets, and syndication transactions, while developing strong relationships with corporate and institutional clients.