Wassel Fakhoury

Wassel is an Of-Counsel at Kayan Law. He is a consultant and non-executive director with longstanding executive leadership advising conglomerate and multinational companies, businesses and high net worth individuals globally on M&A, strategic investments, joint venture transactions, venture capital funds, capital market transactions including IPOs, contract negotiation, board development, succession planning and corporate governance. Wassel is an experienced legal executive with a strong background in management and business providing a broad spectrum of business acumen, multicultural perspectives, and creative enterprise-wide legal solutions.

 

A business partner and change agent highly regarded for the ability to offer value-added, practical solutions while balancing risk and opportunity with a focus on attaining results and problem-solving. Wassel’s skill set not only includes more than 20 years of counsel leadership roles leading and managing highly sensitive and complex M&A and privatization deals (including corporate structuring and restructuring of projects and businesses across different jurisdictions) exceeding USD100 billion in total value but also more than 5 years of board membership for conglomerate companies and sovereign funds in the Gulf region with a workforce exceeding 50,000 where he was in charge of an overall strategy, management, organizational governance, board governance and assurance of executive performance. He successfully structured, managed and led unprecedented transactions and hostile takeovers. In addition, he is a frequent panellist and speaker on M&A, international legal issues, board development, succession planning, compliance and corporate governance.

Served on public and private company boards and committees including by way of example:

  • Arabtec Holding PJSC (as a board member and vice-chairman), a public company listed on the DFM and one of the leading engineering and construction group of companies specializing in complex projects in the MENA region.
  • Depa Limited (as a board member), a public company listed on the Nasdaq Dubai in the DIFC and one of the world’s largest interior contractors.
  • Jordan Wood Industries Company (as Chairman), a public shareholding company listed on the Amman Stock Exchange in Jordan.
  • Served as the General Counsel for Aabar Investments, the Abu Dhabi-based sovereign fund and diversified investment conglomerate and largest shareholder in Daimler AG (at the time).

Wassel obtained his law degree from Yarmouk University. He graduated from the University of Cambridge obtaining an MBA, and is also a graduate of the University of Pennsylvania and Wharton Business School, obtaining an LLM and Wharton Business & Law Certificate. Wassel further obtained an LLM in intellectual property rights from the University of Jordan in cooperation with the World Intellectual Property Organization in Geneva. He is a member of the Jordan Bar Association, the New York State Bar Association and the American Bar Association. Wassel is fluent in both Arabic and English and has basic French proficiency.