Kuwait City, 4 October 2015:  KAMCO Investment Company KSC (Public) is pleased to announce the appointment of Mr. Khaled Hassan Fouad as the Chief Investment Officer.

Mr. Fouad has held several positions throughout his years in the investment and finance industry. His previous role was Nomou Fund Manager at GroFin International in the United Arab Emirates. He achieved his Master's degree in Business Administration from Cranfield University, United Kingdom. With over 16 years of experience in the investment management and corporate finance field, Mr. Fouad played a leading role in executing various direct investments and debut corporate finance transactions. In his last position, he executed and managed a multi-sector direct investment portfolio.

Faisal M. Sarkhou, KAMCO's Chief Executive Officer, added regarding Mr. Fouad's appointment, "We are pleased to welcome Khaled to our team. We look forward to the additional expertise complemented with a rich track record that Khaled will bring forth to lead the investment division at KAMCO in the coming years."

Commenting on the appointment, Mr. Fouad said, "KAMCO Investment Company is considered a leading investment company within the financial services and asset management sectors. I am keen to address the challenges that lie ahead given my new role as Chief Investment Officer. I am confident that the talented KAMCO team can achieve company goals and overcome obstacles as they arise along the way."

Mr. Fouad also said that the current economic situation in Kuwait and the Arab region, as a whole, presents significant opportunities and challenges. These are especially centric to the strategic objectives of KAMCO, which always seeks to strengthen its presence among local and regional investment companies through the creation and development of innovative investment opportunities for its clients.

About KAMCO
KAMCO Investment Company is a premier investment company based in Kuwait that is regulated by the Capital Markets Authority with one of the largest private sector AUMs in the region.

Established in 1998 and listed on the Kuwait Stock Exchange (KSE) in 2003, KAMCO is a subsidiary of United Gulf Bank (UGB) and the asset management and investment banking arm of Kuwait Projects Holding Company (KIPCO).

It has become a leading regional company within its sector offering innovative products and services for its clients, holding over USD 12 billion of client AUM and over 82 of successfully completed investment banking transactions worth over USD 12 billion as of 31 December 2014.

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 and spirit of transparency, which has consistently commanded the goodwill of a wide patron-base.

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 2015