Bahrain, 15 April 2015

As a result of its on-going growth and expansion, KIPCO owned TAKAUD, the specialist savings, investments and pension provider for the MENA region, recently hosted a Recruitment Open Day, which attracted hundreds of potential applicants.

The 30 new roles have been created in support of TAKAUD's growing sales and marketing initiatives and the creation of comprehensive distribution channels, such as wealth management offering and onsite marketing, which provide its customer base with greater access to its solutions across the MENA region.

Some of the newly created roles will support TAKAUD's customer service function, which will provide customer support and guidance on all of the saving and investment solutions which are available.

Luc Métivier, CEO of TAKAUD Savings & Pensions, said: "As a leading financial services hub, Bahrain is an ideal location from which to recruit the highly skilled financial services professionals we seek. We are committed to employing talented individuals and to supporting both our local and regional economies."

Our growth momentum continues and with this additional investment in our human capital, we are uniquely placed to become the region's leading provider of world-class savings and investment solutions for both individuals and corporates".  

The open day, which was held in Bahrain on 14 April, was advertised across TAKAUD's social media networks and generated significant interest. On the day, 200 people applied in person with a substantial number applying electronically for the Bahrain-based roles.

The vast majority of candidates were Bahraini, which represents the high calibre of the financial services professionals that work in the kingdom.

-Ends-

About TAKAUD Savings and Pensions B.S.C (c)
TAKAUD Savings and Pensions B.S.C. (c) is licensed as an Investment Business Firm (Category 1) by the Central Bank of Bahrain (CBB) and is a closed joint stock company incorporated in the Kingdom of Bahrain.

TAKAUD specialises in providing long term savings and pensions solutions to individuals and corporations in the local and expatriate communities across the MENA region.

TAKAUD is 50% owned by Kuwait Projects Company (Holding) K.S.C. (c) (KIPCO) and 50% by United Gulf Bank a member of The KIPCO Group.

The KIPCO Group is one of the biggest holding companies in the Middle East and North Africa, with consolidated assets of US$ 32 billion as at 31 March, 2014. The Group has significant ownership interests in over 60 companies operating across 24 countries. The group's main business sectors are financial services, media, real estate and manufacturing. Through its core companies, subsidiaries and affiliates, KIPCO also has interests in the education and medical sectors.

TAKAUD Savings and Pensions B.S.C. (c),
UGB Tower 7th Floor | Diplomatic Area |P.O Box 65167| Manama| Kingdom of Bahrain
Office: (+973) 17511611
Email: info@takaud.com
www.takaud.com

© Press Release 2015