Kuwait: The Arab Investment & Export Credit Guarantee Corporation would like to announce the appointment of Mr. Abdullah A. Alsabeeh as the forth Director General of Dhaman since its establishment in 1974.  Mr. Alsabeeh appointment has been affirmed during the 46th meeting of the Shareholders’ Council, held recently in Kuwait, effective 1st June 2019 for a 5-years term, after receiving full endorsement by all member states.  Mr. Alsabeeh succeeded Mr. Fahad Al Ibrahim who served three terms as Dhaman’s Director General since 2003.

With a mind set to serve the mission Dhaman was created for, and to meet the aspirations of its Member States and its regional and international client base of financial institutions, exporters, and investors, major progress was achieved in Dhaman’s core insurance activities, processes and practices, goals and efficiencies as well as in its financial investments, financial performance and standing, besides its research publications and dissemination of information in order to raise awareness on investment and trade opportunities in Arab countries.

The mission is now handed over to the newly appointed Director General to carry on with further achievements and accomplishments.  Mr. Alsabeeh served as the Kuwait representative on the Board of Dhaman for several years.  He comes with considerable experience in the investment field, having held many posts in private and public sector companies in the State of Kuwait and abroad, including CAP Corp for Investments as founding shareholder and Deputy CEO; Kuwait Investment Co (KIC) as Marketing Director; Kuwait Foreign Trade, Contracting & Investment Co (KFTCIC) as Portfolio Manager, besides other earlier positions in local Kuwaiti & UAE companies, as well as his participations in many regional and international conferences and activities.

© Press Release 2019

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