SimCorp appoints Essofi as managing director for MEA
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SimCorp appoints Essofi as managing director for MEA 31 October 2024UAE Reporter: Jack McRae
Image: SimCorp
SimCorp has named Mourad Essofi as its managing director, head of Middle East and Africa (MEA).
Essofi joined SimCorp following its merger with Axioma in January 2024 as head of Axioma Sales EMEA. Previously he worked at Finastra and CDG Capital.
He will be responsible for maintaining SimCorp’s growth momentum in the region.
This year, the fintech company secured partnerships with Hassana Investment Company and a major sovereign wealth fund in the region.
Essofi says: “With our integrated platform SimCorp One, which supports the full investment lifecycle for both public and private asset classes within a single system to provide a real-time view of the total portfolio, we are well-positioned for continued success in the region.”
Ralf Schmücker, managing director, head of EMEA at SimCorp, adds: “As we continue to expand our regional presence, Mourad’s extensive experience in consulting and sales, combined with his client-focused approach and proven track record in leading commercial teams, makes him the ideal candidate to continue our growth momentum in the region.”
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Image: SimCorp 