RIYADH, Saudi Arabia, - Altea Partners just dropped a major move. The privately-owned merchant banking firm announced the appointment of Nawaf AlOtaibi as Chief Executive Officer of Altea Partners Saudi Arabia.
This bold step highlights their growing commitment to the Kingdom. Moreover, the firm established its onshore platform through a strategic partnership with a leading Saudi investment holding company. Consequently, once regulatory licenses are secured, operations will fully launch onshore.
Building Bridges Across Continents
Altea Partners actively facilitates capital flows to support Saudi Arabia's Vision 2030 transformation agenda. Furthermore, the company, founded in 2024, already operates across Europe, the Middle East, and North America.
Nawaf AlOtaibi brings over 20 years of leadership experience in Saudi financial services. Previously, he spent a decade at BSF Capital, where he built one of the Kingdom's top wealth management platforms. He transformed the business from a product-led sales model into a fully advisory-driven powerhouse, serving private clients, family offices, and institutional investors across the GCC.
As CEO, Mr. AlOtaibi will lead domestic operations and connect Saudi Arabia and the wider GCC with Europe and North America. Thus, he will deliver aligned capital and trusted advice to drive long-term value.
"We are delighted to welcome Nawaf," said Co-Founders Henning Behre and Kabir Chhatwani. "His track record and alignment with our partnership-driven approach will prove invaluable."
Mr. AlOtaibi added that Altea Partners' entrepreneurial culture perfectly matches the opportunities created by Vision 2030. He looks forward to building the platform into a partner of choice for founders, families, and long-term investors.
