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JC Flowers adds senior advisor to team

JC Flowers & Co, a private equity firm dedicated to investing globally in the financial services industry, has appointed Dr Shujaat Nadeem as a senior advisor, effective immediately. Nadeem will advise the JCF team and support portfolio companies through their development under JCF’s ownership.

JC Flowers & Co (JCF), a private equity firm dedicated to investing globally in the financial services industry, has appointed Dr Shujaat Nadeem as a senior advisor, effective immediately. Nadeem will advise the JCF team and support portfolio companies through their development under JCF’s ownership.

Nadeem was formerly Deputy CEO of Samba Financial Group in Saudi Arabia and Chairman of Samba Bank in Pakistan, which was owned by Samba Financial Group. He joined Samba Financial Group as Group Treasurer at its transitional stage in October 2003 and was directly responsible for managing Samba Financial Group’s proprietary investment portfolio of approximately $18 billion which was invested globally across all asset classes. 

Before joining Samba, he was with Citigroup based in New York, London and Bahrain. 

Nadeem holds BSc, MSc and PhD degrees from Massachusetts Institute of Technology (MIT). He is also a founder of PEN (Progressive Education Network) which provides education to over 75,000 underprivileged children in Pakistan. 

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