Emerging
Private Markets,
Made Global.

Thankful to the Qatar Financial Centre (QFC) Authority for the opportunity to participate in a lively discussion during the 4th Islamic Financial Services Board (IFSB) Conference themed 'Innovations for Sustainability and Regulation of Financial Services' in Qatar this week. Our CEO Mohammed Alsehli shared lessons learned from our engagements with regulators and other stakeholders across the GCC, our efforts to connect the private markets in the region, and the plan for Qatar as the next jurisdiction for our ecosystem.

Having held senior positions at Deutsche Bank, Northern Trust Corporation, and J.P. Morgan in the Middle East and Asia over 30+ years, he is well known in the industry for his client-centric approach and deep understanding of securities services (agency, custody, securities lending, connectivity to ICSDs). Under his management, Wethaq DIFC will provide, out of DIFC, fairly priced and efficient services to private banks, asset managers, brokers, funds, family offices and other investment professionals across the emerging markets.

We are expanding. Announcing today the launch of Wethaq Securities out of the Abu Dhabi Global Market (ADGM) under the supervision of the Financial Services Regulatory Authority (FSRA). Wethaq Securities is offering brokerage services, starting with fixed income products, to emerging markets desks across GCC, Europe and Asia. Our counterparties will include major market makers, investment banks, hedge funds, asset managers, proprietary trading desks, pension funds, insurance companies, and sovereign wealth funds. Wethaq Securities is part of the Wethaq Group catering to the needs of the GCC markets across primary issuance, custody, securities services, brokerage and fintech. GCC Private Markets, Made Global.

Bernard is a prominent figure in the global capital markets with 30+ years of experience in senior roles at systemic market and payment infrastructures; and particular experience in local currency bond markets, custody, collateral management and lending programs. Bernard will be providing his expert advice to the Board on our comprehensive fintech offering across primary issuance and securities services (issuer/custody) locally and internationally out of the Dubai International Financial Centre.

Nagy has 20+ years of experience in the capital markets of GCC across investment operations, securities services, asset management and treasury in various roles held with global banks (Deutsche Bank, HSBC), regional banks as well as a sovereign wealth fund. Nagy will be providing his expert advice on the development of our fintech platform for the primary issuance, securities services, post-trade services and connectivity to International Central Securities Depositories (ICSDs) out of Wethaq DIFC.

Having started from the open outcry pits of Matif in Paris and over a period of 30+ years, Olivier has established and/or moved, merged, spun off, managed operations for 7 exchanges in 6 different countries on 4 continents (including Astana International Exchange, Qatar Stock Exchange, Boston Options Exchange, Australian Derivatives Exchange and Euronext Paris). Olivier will be providing his expert advice to the Board, Chief Product Officer Dmitry Maslovsky and Chief Technology Officer Rainer Gellert on the development of our infrastructure (primary issuance, custody/securities services, and trading facilitation) for the private markets of #SaudiArabia, #UnitedArabEmirates and, in due course, the broader GCC.