Group Chief Executive
Sindicatum Sustainable Resources
Assaad is Group Chief Executive of Sindicatum Sustainable Resources. At Sindicatum, Assaad is responsible for overall strategy, stakeholder relationships and the project investments managed by Sindicatum’s business units. Under Mr. Razzouk’s leadership, Sindicatum has developed a global portfolio of projects on a principal basis and established and grown business units in Bangkok, Beijing, Jakarta, Manila, New Delhi, Singapore, Taiyuan (Shanxi Province, China) and Washington D.C. Sindicatum’s portfolio includes 18 investment projects, of which 15 have achieved operational status. Sindicatum’s portfolio also contains an additional 14 projects where Sindicatum advises on greenhouse gas abatement and sustainability. Through its local business units, Sindicatum has to date committed more than $250m to greenhouse gas reduction and sustainability projects, 90% of which are in Asia and has won multiple awards testifying to its excellence in sustainability and renewable energy.
From 1993 to 2002, Assaad was an investment banker at Nomura International plc in London, where he was last Deputy Head of Global Corporate Finance. At Nomura International, he advised on several billion dollars of equity and debt capital raisings and invested several hundred million dollars of Nomura’s capital in private equity and principal finance investments in the emerging markets, each investment resulting in a profitable exit for Nomura.
From 1988 to 1993, Assaad was at Price Waterhouse in New York City where his last position was as Manager, International Capital Markets. At Price Waterhouse, he advised the Government of Indonesia on the privatization of state-owned enterprises from 1991 to 1993, with an emphasis on the transportation sector, and specialized in advising Fortune 500 corporations in cross-border structured lease financings.
Assaad’s outside interests include founding South East Asia’s first Middle Eastern contemporary art gallery , Sana Gallery. He is a graduate of Syracuse University (Summa Cum Laude) and holds an MBA from Columbia Business School.