Education
Massachusetts Institute of Technology Sloan School of Management. Massachusetts Institute of Technology.
Massachusetts Institute of Technology Sloan School of Management. Massachusetts Institute of Technology.
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. From November 2008 till February 2009, he served as Chief Executive Officer of acquired Europe, the Middle East and Africa businesses of Lehman. And later as Chief Executive Officer of Nomura International plc, a wholly owned subsidiary of Nomura Europe Holdings plc until his retirement in June 2010.
He currently serves as the chairman of a London based hedge fund firm, Metage Capital Limited.
And also sits on the board of JS Investments Limited, and Silk Bank Limited.
Sadeq Sayeed was born in Pakistan on December 1953. He did his schooling from Karachi Grammar School.
Later, he enrolled for an undergraduate program in economics with concentration in electrical engineering from Massachusetts Institute of Technology (Massachusetts Institute of Technology). After earning his Bachelor of Science degree, he went on to complete his master"s degree in finance from the Massachusetts Institute of Technology Sloan School of Management.
Early years: 1976 to 2000
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 Cr 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 Massachusetts Institute of Technology. Nomura: 2000 to 2010
On 31 March 2008, a consortium – International Finance Corporation (International Finance Corporation), 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 (8655%) 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 (Europe, the Middle East and Africa) assets of Lehman Brothers in October 2008.
Sayeed was the chief negotiator for Nomura during its acquisition of the Lehman"s Europe, the Middle East and Africa operations. From November 2008 till February 2009, he served as the Executive vice-chairman and Chief Executive of acquired businesses.
Overseeing the combined Europe, the Middle East and Africa operations of Nomura and Lehman Brothers.
On 2 February 2009, he was appointed as Chief Executive Officer 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.
After Nomura: 2010 till date
He currently serves as the Chairman of a London based hedge fund firm – Metage Capital Limited.
He sits on the board of JS Investments Limited, and Silk Bank Limited.
He joined Nomura Group in 2000, as member of the firm"s Management Committee.
