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Kuwait City: KAMCO Investment Company and Global Investment House hosted their first joint CSR initiative in collaboration with INJAZ-Kuwait. The job-shadow event consisted of lectures, activities and a certificate distribution ceremony for the attending students.
Economics class students from the Australian College of Kuwait were invited to the job-shadow event that took place at Global Tower’s auditorium, during which experts from KAMCO and Global representing different departments explained the responsibilities tied to their positions within the company. The purpose of the on-site visit was to raise awareness amongst the potential leaders of the future about the different departmental duties and responsibilities, and how specific roles operate within each of these investment companies. The presenters used a combination of interactive lectures and activities to engage the students and allow them to ask experienced employees about their daily duties.
Mr. Faisal Hasan, KAMCO’s Chief Business Development Officer, highlighted KAMCO’s long-running participation with INJAZ-Kuwait as part of KIPCO’s group CSR strategy. In this regard, Mr. Hasan said, “As a leading investment company, we consider it our responsibility to take the lead in supporting and educating future generations. It is fortunate, that through INJAZ-Kuwait, we can establish a platform that integrates practical learning methodologies and other necessary tools which reflect real-life experience and make it available to students, with the aim to improve their chances of having a successful future ahead.”
“We are pleased that the students had the opportunity to be exposed to some of the most seasoned experts at KAMCO and Global during this first out of many other upcoming joint CSR collaborations between the two companies. This collaborative CSR effort celebrates the joining of Global to KIPCO’s family. Both companies share similar values and with combined efforts, we plan to make a bigger and more positive impact towards our society. We will continue to invest our time and effort in corporate social responsibility initiatives that focus primarily on education and local youth development,” added Mr. Hasan.
Also commenting on the success of the event, Mr. Moustafa Zantout, Senior Vice President of Marketing and Investor Relations at Global, said, “We are proud to have jointly launched such an initiative with KAMCO with whom we share a lot of synergies and commitment towards the society and the youth in specific. We would like to take this opportunity to thank INJAZ-Kuwait for the key role they are playing to empower the youth and the vast opportunities they are offering students to get exposed to the corporate world and the corporate sector to engage with future leaders.”
KAMCO actively participates and sponsors various events that target youth and fresh graduates. The Company also collaborates with nonprofit organizations to partake in the development of the local education system, in order to promote youth development. These activities fall under KAMCO’s corporate social responsibility agenda to support and improve the education sector.
Global constantly supports initiatives that focus on education, mentoring, guidance and training. The Company hosts many students at Global as part of their internship program and had previously conducted several training courses in collaboration with universities and provided advice and guidance to students and entrepreneurs.
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About KAMCO
KAMCO Investment Company K.S.C (Public) is a premier investment company based in Kuwait. The Company is one of the leading investment firms in the Gulf region in terms of assets under management (AUM) and is regulated by the Capital Markets Authority.
Established in 1998 and listed on the Boursa Kuwait in 2003, KAMCO is a subsidiary of United Gulf Bank (UGB). In 2018, KAMCO acquired a majority stake of 69.528% in Global Investment House K.S.C.C. (“Global”).
The Company has established itself as a regional leader in providing innovative products and services to its clients, enabling it to increase AUM to over USD 10.2 billion (as of 30 June 2018) and achieve a strong track record of 98 successful investment banking transactions worth around USD 15.8 billion (as of 30 June 2018).
With almost two decades worth of experience in conducting business with in investment industry, KAMCO has successfully established a robust reputation in the region, driven by its performance, prudent and conservative investment philosophy, solid business model and fundamental belief in implementing the highest standards of transparency, which has consistently commanded the goodwill of a wide and growing patron-base.
Through its strategy, the Company aims to continue building upon its core competencies to provide the MENA region with innovative investment management consultancy and services, in addition to financial services that meet the needs of clients through value-added investment products and a cautious investment approach that is supported by an experienced team and strong track record.
KAMCO Investment Company (DIFC) Limited (KAMCO DIFC) is a whole owned subsidiary of KAMCO Investment Company, incorporated in the Dubai International Financial Centre and regulated by the Dubai Financial Services Authority.
Further information:
Amr Hassan
Assistant Vice President
Investor Relations Officer
Marketing Department
T: +965 2233 6697
M: +965 9729 9217
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