Position: CEO
Company: SICO
Nationality: Bahraini
Al Shirawi assumed her current position in 2014. SICO is a regional asset manager, broker, and investment banking firm operating in Bahrain, Saudi Arabia, and the UAE. Its assets under management grew by 23% to $7.4 billion in 2024, compared to $6 billion in 2023. In October 2024, SICO was appointed as one of the joint banks for Lulu Retail’s initial public offering (IPO), which raised over $1.72 billion and was listed on the Abu Dhabi Securities Exchange in November 2024. SICO also acted as a joint lead manager for the $500 million five-year senior unsecured bond issuance for Bank of Bahrain and Kuwait in June 2024. Al Shirawi is a board member of the Bahrain Future Generations Reserve Fund, the Bahrain Economic Development Board, and the Housing Bank of Bahrain.
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