Dubai-based SHUAA Capital PSC appointed Atif al-Othri CEO of Gulf Finance Saudi Arabia, its fully owned Sharia-compliant business financing arm.

In his new role, he will lead a team responsible for providing tailor-made financial lending and leasing products and services to small and medium-sized enterprises in Saudi Arabia.

Al-Othri was previously deputy head of corporate banking at Bank Muscat SAOG in Saudi Arabia.