26 April 2015
To join the executive management team of the company

Kuwait - Global Investment House (Global) announced today the promotion of three managers to executive positions in the company. The company has obtained the approval of the Capital Markets Authority to promote Sulaiman M. Al-Rubaie to Executive Vice President of Alternative Asset Management, Bader G. Al-Ghanim to Executive Vice President of the MENA Asset Management and Rasha A. Al-Qenaei to Executive Vice President of Wealth Management.

On this occasion, Mrs. Khawla B. Al-Roumi, Executive Vice President - HR, Administration & Marketing said, "These promotions add value to the executive management team through enriching experiences in the areas of core businesses. These professionals have managed over the years to provide the best for their clients despite the difficulties and challenges witnessed by capital markets."

Mr. Al-Rubaie has more than 14 years of experience in merchant banking and private equity. He has a wealth of experience across many areas including advisory, mergers & acquisitions, equity and debt capital markets and restructuring. He re-joined Global in 2010 as Vice President in the Alternative Asset Management team and managed the overall restructuring of the Private Equity department and the numerous funds and has been actively involved in value creation in portfolio companies. He is a member of the Frontiers Market Council of the EMPEA and is a board member of numerous companies in the GCC and the Levant. Mr. Al-Rubaie received his MBA from London Business School and a Bachelor of Science Degree in Operations Research and Industrial Engineering from Cornell University, Ithaca, New York.

Mr. Al-Ghanim has over 15 years of experience in investment advisory, asset management, and derivatives. He has a wealth of experience in portfolio and fund management with focus on equities and fixed income in the MENA region. He assisted in managing the first forward trading operations in the region and contributed to structuring the first derivative fund in the GCC. He joined Global in 2010 to assist in managing the equities asset management business in the GCC and has since actively contributed to superior performance of the asset classes under his management. Mr. Al-Ghanim holds a Bachelor of Science in Electrical Engineering and Bachelor of Arts in Economics from Boston University.

Mrs. Al-Qenaei has more than 16 years of experience in the Wealth Management arena covering various client segments throughout the region including sovereign wealth funds. She started her career with Global in Corporate Finance and was later moved to help set up the Wealth Management Department. She played a major role in fund raising, developing the client base, enhancing the service platform and building the team; and has taken up positions of increasing responsibility since joining Global in 2000. Mrs. Al-Qenaei holds a Bachelor of Science degree from Kuwait University.

Mrs. Al-Roomi concluded, "The career development and succession plan processes adopted by Global have resulted in these promotions. We strongly believe that hiring from within the company will not only enhance the company's results driven culture but will strengthen the business management team as well." 

-Ends-

For further information:
Moustafa Zantout
Senior Vice President
Marketing & Communications
Global Investment House
Tel: +965 2295 1615
Fax: +965 2295 1638
E-mail: mzantout@global.com.kw

© Press Release 2015