to the Principles of Sound Corporate Governance


Chair of the Board of Directors
Zeina Zeidan, Ph.D, is a strategic decision-maker and an expert financial controller. In addition to being the chair of ROYAL’s board, Dr. Zeidan was the head of the Audit Department at the Holy Spirit University of Kaslik (USEK) for several years, and a university instructor at different leading academic institutions. She has extensive managerial experience and has been involved in the establishment of numerous companies over the past decade. In addition to her leadership qualities, Dr. Zeidan is highly skilled in financial oversight and risk mitigation, bolstered by her deep working knowledge of International Financial Reporting Standards (IFRS). Dr. Zeidan holds a Ph.D from Aix-Marseille University with an emphasis on finance and audit, and a Master’s degree with a double major in finance and audit.


Chair of Risk Committee
Jassem Ajaka, Ph.D, is one of the most notable members of the Board of Directors at Royal Financials, with a strong background in finance and engineering. His Double Masters in Management and Financial Markets and Asset Management from the Conservatoire National des Arts et Métiers, makes him the perfect person for the job of Chairman of Risk at Royal Financials. Furthermore, he has a doctorate in Nuclear Physics. Professor Ajaka has significant experience in the financial markets, economics, corporate finance, IT system management and energy management. He was a Senior Software Engineer at IBM, and a Senior Financial Consultant at 3S Consulting. He is a Professor of Quantum Mechanics at The Lebanese University as well as an Economic Affairs Advisor to the Ministry of Economy and Trade in Lebanon.


Chair of Compliance/AML Committee
Paul Morcos, Ph.D, is the Chairman of the Compliance/AML Committee. In 2008, he founded Justicia law firm with an emphasis on banking, finance and corporate law. Dr. Morcos’s extensive career experience makes him an excellent addition to the Board of Directors. Dr. Morcos lectures at many universities in Lebanon, including Universite Saint Joseph and the American University of Beirut, and is a trainer at the Beirut Bar Association. He writes regularly on legal issues for media outlets as well as corporate, banking and scientific publications. He received his Doctorate from Nancy University, France in Private and Criminal Law.


Executive Board Member
Rayan Al Annan, is the Founder of Royal Financials, previously known as Royal Forex Trading. Starting out in Florida, USA, Mr. Al Annan has successfully navigated the company through the ups and downs of the financial markets. In just over a decade, Mr. Al Annan transformed Royal from a trading company into a top tier financial services provider with over 70 employees. He has been instrumental in the company’s adoption of technology and corporate governance structures, stepping down as chairman in 2016.


Chair of Investment Committee
Fares Mechelany, MBA, is the Head of Investment at Royal Financials. Mr. Mechelany has a strong background in investment, having headed the Equity Advisory Division at SHUAA Capital, and been Managing Director of the Bank of China in Geneva, Switzerland. Mr. Mechelany studied at Universite Saint Joseph, Lebanon before continuing his studies at McGill University, Canada. Mr. Mechelany holds two Masters in Computer Sciences and Business Administration in addition to graduate studies in International Business and Economics. He also holds a Chartered Investment Manager Designation, which makes him an expert in his role as Head of Investment. Mr. Mechelany founded International Financial Consultants in 2011, where he is still Managing Director.


Chair of Audit Committee
Rabih Nehme, Ph.D., CPA (US) is an expert in the field of accountancy through his career at KPMG and PricewaterhouseCoopers. He has worked throughout the Middle East and the Euro zone in the fields of assurance, audit and review of financial statements. In addition to his audit career, Dr. Nehme teaches graduate and undergraduate courses in accounting and auditing, having lectured at Durham University, the Lebanese American University (LAU) and the Holy Spirit University of Kaslik. He holds a BS majoring in Accounting from LAU, an MBA from LAU, and an accounting Ph.D. from Durham University. He is a Certified Public Accountant and a licensed member of the American Institute of Certified Public Accountants (AICPA). Currently he holds a professorial rank at LAU, the Chairperson of the Audit Committee at Royal Financials, a consultant, and a guest speaker at different academic and corporate institutions.