Walid Hayeck

Walid Hayeck is the Managing Director at Apex Group Ltd., specifically overseeing the FundRock subsidiary in Saudi Arabia. His appointment, made in July 2024, is part of Apex Group's strategic expansion in the Middle East and North Africa (MENA) region, particularly in response to the growing financial services market in Saudi Arabia.13

Background and Education

Hayeck holds a Master's Degree from ESCP Business School in Paris, which is renowned for its focus on business education across Europe. He has over 27 years of experience in investment banking and investment management, with a strong emphasis on fund management strategies within the MENA region.1

Professional Experience

Before joining Apex Group, Hayeck was associated with Envergure Management, where he further honed his expertise in fund management. His extensive background includes managing various investment strategies, particularly equity long and unconstrained strategies.13

Vision at Apex Group

In his role at Apex FundRock, Hayeck aims to enhance the company's offerings in Saudi Arabia by providing comprehensive financial services, including management company solutions. He emphasizes the importance of international cooperation and aims to facilitate access for both global asset managers and local managers to a broader investor base.12

Key Quotes

Hayeck expressed enthusiasm about his new role, stating:

“Being licensed to offer comprehensive financial services... is a huge breakthrough for Apex Group”.1

His leadership is seen as pivotal in driving Apex Group's growth and expanding its presence in the rapidly evolving financial landscape of Saudi Arabia.13