Herbert Smith Freehills has appointed Nasser Al-Hamdan as its new global head of Islamic finance.The appointment became effective on 1 February 2017. Nasser’s new responsibilities will be in addition to his ongoing role of developing and running the firm’s Saudi practice as managing partner in Riyadh.
Regarded as a highly respected corporate lawyer, Nasser advises on both corporate and capital market transactions in Saudi Arabia, specialising in capital markets, mergers and acquisitions, private equity and investment funds, as well as foreign direct investment into the Kingdom of Saudi Arabia.
“I am extremely pleased to announce the appointment of Nasser Al-Hamdan as Herbert Smith Freehills’ new Global Head of Islamic Finance. Nasser brings with him a tremendous amount of experience in advising clients in complying with the principles of Islamic jurisprudence, or the Shari’ah as it is often referred to, and in reaching a successful commercial outcome for all parties concerned within these mandates,” said Jason Ricketts, Global Head of Finance, Real Estate and Projects.
The appointment reaffirms Herbert Smith Freehills’ plans to expand its Global Islamic Finance practice, and follows the recent announcement that the firm will open in Kuala Lumpur in May 2017. The new office will contribute massively to other existing Islamic finance practices in various Herbert Smith Freehills’ offices around the globe with partners skilled in this area working in Kuala Lumpur on a regular basis.—Agencies