Kuwait City, September 26, 2016

KAMCO Investment Company KSC (Public) is pleased to announce the appointment of Mr. Ruben Omar Fernandez as the Chief Financial Officer.

Mr. Fernandez has held several positions throughout his years in the investment and finance industry. He has a bachelor's degree in Economics from the Universidad de Buenos Aires and a master's degree in Finance from the Universidad del CEMA, Buenos Aires, Argentina. With over 28 years of experience, Mr. Fernandez played an active role in managing and leading treasury businesses in the Middle East, North and Latin America. In one of his previous roles as Group Chief Treasury Officer & Financial Institutions Head at Kuwait Finance House, Mr. Fernandez developed and managed Group Treasury strategies in Kuwait, Turkey, Malaysia, Bahrain and Saudi Arabia. Mr. Fernandez also held several positions in sound organizations such as Citi Bank. 

Mr. Faisal M. Sarkhou, Chief Executive Officer of KAMCO, added regarding Mr. Fernandez's appointment, "We are pleased to welcome Ruben to our team. His expertise and experience in the industry will greatly assist KAMCO in our vision to become the preferred asset management and investment banking provider in the region. We are confident in his ability to become an integral part of our management team with a financial acumen that makes him highly qualified to take on the CFO role in the company."

Commenting on the appointment, Mr.  Fernandez said, "I look forward to joining one of the leading investment companies within the investment banking and asset management sectors. KAMCO holds a solid track record in investment related achievements, coupled with a wealth of accumulated experience, and supported by a specialized team of capable and knowledgeable professionals. With the collaborative efforts of the management team, I believe that we can drive sustainable financial growth, development and stability in KAMCO."

Mr. Fernandez also said that the current economic situation in Kuwait and the region, as a whole, presents significant opportunities and challenges. He expressed the importance of overcoming challenges, while utilizing opportunities to achieve overall corporate and individual goals within the company.

-Ends-

About KAMCO:
Established in 1998 with the mission to significantly alter the local and regional investment landscape, KAMCO is a premier investment company based in Kuwait. A subsidiary of United Gulf Bank (UGB). KAMCO was listed on the Kuwait Stock Exchange (KSE) in 2003.

After many years of conducting business in Kuwait's dynamic investment industry, KAMCO has successfully established a robust reputation for solidity, characterized by its prudent, conservative investment philosophy, which has consistently commanded the goodwill of a wide patron­base.

KAMCO's main activities are Investments and Asset Management.  Its Investments Division specializes in  different  sorts  of investments,  financial  and advisory  services,  and investment  research  which tracks the latest directions and trends across regional and local economies as well as equity markets.

With regards to the Asset Management Division, its activities concentrate on providing customized portfolio management, access to IPOs, and local and international fund management in addition to maximizing returns, mitigating risks, and maintaining capital appreciation for individual and institutional clients.

All of the above operate within the spirit of transparency and exclusivity with the client's best interests at heart.

The company will further aggressively build upon its core competencies to offer MENA - wide investment management consultancy and services, backed by its proven track record in stringent risk mitigation, investment product innovation, and a cautious investment approach towards local, regional and international capital markets.

© Press Release 2016