Age, Biography and Wiki
Sadeq Sayeed was born on 1953-12- in Pakistan, is a Sadeq Sayeed is prominent born banker. Discover Sadeq Sayeed's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 71 years old?
| Popular As |
N/A |
| Occupation |
Banker |
| Age |
71 years old |
| Zodiac Sign |
Sagittarius |
| Born |
1953-12-, 1953 |
| Birthday |
1953-12- |
| Birthplace |
Pakistan |
| Nationality |
Pakistan
|
We recommend you to check the complete list of Famous People born on 1953-12-.
He is a member of famous Banker with the age 71 years old group.
Sadeq Sayeed Height, Weight & Measurements
At 71 years old, Sadeq Sayeed height not available right now. We will update Sadeq Sayeed's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Not Available |
Sadeq Sayeed Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Sadeq Sayeed worth at the age of 71 years old? Sadeq Sayeed’s income source is mostly from being a successful Banker. He is from Pakistan. We have estimated Sadeq Sayeed's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Banker |
Sadeq Sayeed Social Network
Timeline
Sadeq Sayeed (born Dec 1953) is a prominent Pakistani-born banker and businessman, known for his role behind Nomura's acquisition of the Europe, the Middle East and Africa (EMEA) businesses of Lehman Brothers in Oct 2008.
He holds a bachelor of science degree in electrical engineering from the Massachusetts Institute of Technology, as well as a master's degree in finance from their Sloan School.
Sadeq Sayeed was born in Karachi on Dec 1953.
He attended Karachi Grammar School.
Later, he enrolled for an undergraduate program in economics with concentration in electrical engineering from Massachusetts Institute of Technology (MIT).
After earning his BS degree, he went on to complete his master's degree in finance from the MIT Sloan School of Management.
Sayeed started his active professional life in 1976 as a research associate, and subsequently an internal consultant at the World Bank, where he served for five years.
In 1985, he joined the London office of Credit Swiss First Boston (CSFB) as an associate within the cross markets arbitrage group.
From 1989 to 1999, he served as the managing director, firstly within the arbitrage group and fixed income divisions; and latterly within the leverage funds group.
In 1993, he taught investment banking at MIT.
He joined Nomura Group in 2000, as member of the firm's Management Committee.
From Nov 2008 till Feb 2009, he served as CEO of acquired EMEA businesses of Lehman; and later as CEO of Nomura International plc, a wholly owned subsidiary of Nomura Europe Holdings plc until his retirement in June 2010.
On 31 March 2008, a consortium – International Finance Corporation (IFC), BankMuscat, Nomura Holdings, and Sinthos Capital; led by senior banker Shaukat Tarin along with Sadeq Sayeed was instrumental in the acquisition of a controlling stake (86.55%) in Saudi Pak Commercial Bank (SPCB), later rebranded as Silk Bank Limited.
He rose to prominence during Nomura Holdings's acquisition of the Europe, the Middle East and Africa (EMEA) assets of Lehman Brothers in Oct 2008.
Sayeed was the chief negotiator for Nomura during its acquisition of the Lehman's EMEA operations.
From November 2008 till Feb 2009, he served as the Executive vice-chairman and Chief Executive of acquired businesses; overseeing the combined EMEA operations of Nomura and Lehman Brothers.
On 2 February 2009, he was appointed as CEO of Nomura International plc, a wholly owned subsidiary of Nomura Europe Holdings plc.
He held the position until his retirement on 25 June 2010.
He is reported to have received $34m severance package upon his retirement.
He currently serves as the Chairman of a London-based hedge fund firm – Metage Capital Limited.
He sits on the board of JS Investments Ltd, and Silk Bank Limited.
On 6 May 2022, Sadeq was fully acquitted by the Court of Appeal in Milan of charges that had been brought against him and Nomura, relating to a transaction between Nomura and Banca Monte dei Paschi di Siena SpA executed in 2009.
He previously served as the chairman of a London-based hedge fund firm, Metage Capital Limited until March 2019.
He has also sat on the board of JS Investments Ltd, and Silk Bank Ltd.
