Equiti Capital appoints David Meek Chairman of the Board
Equiti Capital, the UK subsidiary of Equiti Group, has announced the appointment of David Meek to the position of Non-Executive Chairman of the board. He will assume this role pending approval from the UK’s Financial Conduct Authority.
Mr. Meek is currently a board representative of the Public Investment Fund of Saudi Arabia.
He is also a Non-Executive Director and member of the Risk Committee and Compensation, Nomination and Governance Committee of National Commercial Bank (NCB), the prominent listed Saudi bank and a leading financial institution in the Middle East.
In addition, Mr. Meek is also Vice Chairman of the board and a Non-Executive Director of NCB Capital, and chairs both the Risk Committee and Nominations and Remuneration Committee. NCB Capital is the largest asset manager in Saudi Arabia and the largest Sharia-compliant asset manager globally.
Mr. Meek has held numerous senior executive positions over the past 35 years at global banking institutions. His exposure across geographies, including Europe, US, Asia, Latin America and most recently the Middle East, has given him a deep understanding of markets and products to meet the needs of both clients and regulators.
In welcoming Mr. David Meek, Equiti Group CEO, Iskandar Al Najjar said: "Equiti is honored to appoint Mr. Meek as a Non-Executive Chairman of our subsidiary in the United Kingdom. His global board-level experience will be of great value in helping Equiti to achieve its strategic vision, especially in the Middle East and Saudi Arabia."
Commenting on his new appointment, David Meek said: “I am delighted to be joining Equiti Capital at this exciting time in the company’s development and to lead a board with a client focused mindset, strategic vision and a clear determination to set the benchmark for the sector.
“The embedded culture throughout the Equiti Group is focused on the highest standards of governance, transparency and innovation, leading to impressive client solutions and outcomes. These foundations provide an excellent base for executing the company’s growth strategy and ensuring clients receive the highest quality services backed by a robust regulatory ethos.”
Other roles held by Mr. Meek include Non-Executive Director of This Land, a UK real estate company. A keen charity supporter, he is Chair of Getting on Board and a Trustee and Chair of the Audit and Risk Committee at the British Liver Trust as well as a mentor and advisor at Cambridge University’s Enterprise Program.
About Equiti Capital
Equiti Capital is the trading name of Equiti Capital UK Ltd (Company No. 072160369), which is authorized and regulated by the UK's Financial Conduct Authority (FRN 528 328). Equiti Capital UK Ltd Is part of the Equiti Group of companies.
Equiti Group is a progressive provider of multi-asset financial products, operating highly regulated financial trading brands across the globe.