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With effect from April 1, 2024, Investcorp, a renowned alternative investment firm, has appointed Mr. Abbas Rizvi as its Group Chief Financial Officer (CFO). This appointment comes after Mr. Jan Erik Back, CFO of Investcorp, decided to retire.
Abbas Rizvi has been an integral part of the Investcorp finance team for 19 years, demonstrating exceptional dedication, expertise, and leadership in various organizational roles. His deep understanding of the Firm’s operations, financial systems, and strategic objectives uniquely positions him to excel as the new CFO.
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Investcorp Executive Chairman Mohammed Alardhi said, “We are delighted to appoint Abbas as Investcorp Group’s CFO. His proven track record, extensive knowledge of the Firm, and commitment to our values make him the ideal candidate to lead our financial strategy. Together with the board and the wider executive team, I look forward to working with Abbas in his new capacity. I would also like to thank Jan Erik for his dedication and contributions whilst with us and I wish him the very best in his retirement.”
Before joining Investcorp Group in 2005, Mr. Rizvi worked at Ernst & Young (“E&Y”) in various roles, with his last role being as an associate in its business risk services unit. His time at E&Y involved working with financial institutions, including auditing and advisory services to large banks, insurance companies, and asset management firms.
Abbas Rizvi, incoming CFO said, “I am honored and excited to take over the role of CFO of Investcorp Group. Having been part of the Investcorp family for the past 19 years, I am deeply committed to our collective journey of growth and success. I eagerly anticipate collaborating with the board, management team, and colleagues to execute the firm’s strategic vision, driving profitable growth and ensuring continued success.”
About Investcorp
Investcorp is a global investment manager, specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes, infrastructure, strategic capital, and insurance asset management.
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