Finance

Goldman exec Fadi Abuali to retire after nearly three decades, memo says

Published by Global Banking & Finance Review

Posted on September 16, 2025

1 min read

· Last updated: January 21, 2026

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Goldman exec Fadi Abuali to retire after nearly three decades, memo says
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(Reuters) -Goldman Sachs' co-chief of the Middle East and North Africa region, Fadi Abuali, will retire, according to an internal memo seen by Reuters on Tuesday. Abuali, a senior executive who spent

Goldman Sachs' Fadi Abuali Announces Retirement After 28 Years

Fadi Abuali's Career and Retirement

(Reuters) -Goldman Sachs' co-chief of the Middle East and North Africa region, Fadi Abuali, will retire, according to an internal memo seen by Reuters on Tuesday.

Background and Tenure at Goldman Sachs

Abuali, a senior executive who spent nearly 28 years at the Wall Street bank, also co-headed bank's Asset Management International. He joined Goldman in 1997 as an associate and rejoined in 2001 as an executive director, according to the memo.

Leadership Role in MENA Region

The retirement plan was first reported by Bloomberg News.

Impact on Asset Management

Goldman appointed Abuali and Zaid Khaldi as co-chief executive officers for the MENA region almost five years ago.

(Reporting by Prakhar Srivastava in Bengaluru and Saeed Azhar in New York; Editing by Maju Samuel)

Key Takeaways

  • Fadi Abuali to retire from Goldman Sachs after 28 years.
  • He was co-chief of the MENA region for Goldman Sachs.
  • Abuali joined Goldman in 1997 and rejoined in 2001.
  • He co-headed Asset Management International.
  • His retirement was first reported by Bloomberg.

Frequently Asked Questions

What is asset management?
Asset management is the systematic process of developing, operating, maintaining, and selling assets in a cost-effective manner. It involves managing investments on behalf of clients to achieve specific financial goals.
What is corporate governance?
Corporate governance refers to the systems, principles, and processes by which companies are directed and controlled. It encompasses the relationships among the stakeholders involved and the goals for which the corporation is governed.
What is a retirement service?
Retirement services include financial products and advice designed to help individuals save and plan for retirement. These services may involve pension plans, investment accounts, and retirement savings strategies.

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