Majed A. Rahim
Finance and technology executive|M&A and restructuring advisor|Board director
Majed Rahim is a Jordanian-American finance and technology executive with more than 30 years in GCC banking, investment, and corporate advisory. He is Co-Founder and Managing Partner of Ennovate FZ LLC, a boutique M&A and restructuring advisory firm based in the UAE, and Chairman of TechChef, an SAP analytics firm where he designed CashBox, a treasury and cash flow planning product in production at major Gulf groups.
His executive career spans the full range of bank leadership. As Global Chief Information Officer of Arab Bank he led technology, payments, and core banking across 29 countries, including the group’s cards, online banking, and brokerage platforms. As Chief Finance and Strategy Officer and Acting Deputy CEO of Commercial Bank of Qatar he established the bank’s first strategy office, led its first credit rating with Fitch and Moody’s, floated the first EMTN Eurobond in Qatar, and originated the bank’s first IPO mandate. As Deputy CEO of Housing Bank for Trade and Finance he oversaw operations across five countries and led the bank’s core banking replacement and rebranding.
Outside banking he has run businesses as well as advised them. He served as Group CEO of a family holding group with 2,000 staff across Saudi Arabia, the UAE, Egypt, and Sudan, leading a debt restructuring and pre-IPO program, and as Chief Investment Officer of a Qatari holding company he structured joint ventures across the GCC and Southeast Asia. He began his career at Arthur Andersen, where he was a Consulting Director serving Fortune 500 clients in the US, Europe, and Asia.
Through Ennovate he has completed more than 20 mandates across eight countries, including an 18-month portfolio restructuring of a 13-entity family group in Oman, sell-side and buy-side transactions in healthcare, insurance, and consumer goods, and governance work for family offices. He has advised on payments and digital platforms since his Arab Bank years, including insurtech, proptech, and digital currency exchange ventures, and has sat on the advisory board of a UAE-based Shariah-compliant blockchain lending venture.
A UAE resident, he splits his time between the Gulf and Amman and works across the GCC, the Levant, and the United States.
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