KAMCO appoints Anwar Ahmad Abu Sbaitan as Senior Executive Officer of KAMCO DIFC office

Kuwait City: KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region, is pleased to announce the appointment of Mr. Anwar Ahmad Abu Sbaitan as the Senior Executive Officer of KAMCO’s DIFC office located in the United Arab Emirates. This appointment comes as part of KAMCO’s committed focus on expanding its operations through KAMCO DIFC, the firm’s first international office.

Mr. Sbaitan brings over 25 years of Investment Banking and Financial Services experience with distinguished expertise in the regional and international markets. Prior to joining KAMCO’s DIFC office, Mr. Sbaitan was at Rasmala Investment Banking Limited where he held the position of Senior Executive Officer from January 2011 to May 2017 and Chief Executive Officer from November 2010 to December 2015. He also served as an Executive Director at Merrill Lynch, Director of Rasmala Holdings Limited and Rasmala Investment Bank Limited, Deputy Chairman at Oman Investment & Finance Company SAOG, in addition to other senior positions throughout his career.

Commenting on the appointment, Mr. Faisal Mansour Sarkhou, Chief Executive Officer of KAMCO, said, “We are delighted to welcome Mr Sbaitan as our SEO of KAMCO DIFC as we evolve our operations in the GCC and MENA region, providing investors with award-wining investment products and services. Mr. Sbaitan brings with him a stellar leadership reputation, a wealth of market experience and a strong background in developing and maintaining key institutional relationships within the Asset Management and Investment Banking fields in the region. His vast experience of working different geographies across asset classes will help by contributing towards our transformation strategies while we expand our geographic footprint. We look forward to him leveraging his knowledge and leadership skills further building upon KAMCO’s success.”

On joining KAMCO, Mr. Sbaitan said, “I am honored to lead KAMCO’s first international office. Recognized as one of the leaders in the market with assets under management worth approximately USD 10.4 billion, I look forward to working with the KAMCO team, both in Kuwait and the UAE. Our collaborative efforts will further develop the Firm’s capabilities and assist in offering a wide range of investment products and solutions that cater to KAMCO’s trusted clients. I believe that KAMCO DIFC will augment KAMCO’s strategic outlook towards expanding their operations strategically on a regional and international scale, further strengthening the Firm’s presence in the MENA market.”

About KAMCO
KAMCO Investment Company K.S.C (Public) is a premier investment company based in Kuwait, with an office in the Dubai International Financial Centre (DIFC). The Company is one of the leading investment banking 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).

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 10.4 billion (as of 30 June 2017) and achieve a strong track record of 95 successful investment banking transactions worth around USD 15 billion (as of 30 June 2017).

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.