State Street has appointed Hamza Khushaim as chief executive officer and country head for Saudi Arabia and Bahrain.
The custodian set up local operations in the Kingdom in 2020 and opened its Middle East and North Africa regional headquarters in Riyadh in October 2025. More recently, an upgraded licence has allowed the custodian to offer fund administration services in Saudi Arabia, expanding its local investment servicing capabilities.
In his new role, Khushaim will lead State Street’s growth strategy in the two countries. He will work across Investment Services and the wider organisation to build relationships with clients, prospects, regulators and government stakeholders. Based in Saudi Arabia, he will also serve as CEO of State Street Saudi Arabia Financial Solutions, the firm’s regulated entity in the Kingdom.
Khushaim was most recently chief strategy officer at Hassana Investment Company. Before that, he was chief investment officer for international markets at the firm.