Chief Investment Officer @ Overseeing the company’s investment strategy in the international and regional capital markets while monitoring current holdings and analyzing future investment opportunities. Responsibilities include:
Monitoring over $600 million of multi-asset multi-regional international investments portfolio on a monthly, quarterly and yearly basis
Meeting with existing and potential global money managers during their visits to the region
Identifying, analyzing and selecting the appropriate investment opportunities to achieve the Group's investment objectives
Setting the overall asset, regional and currency allocation strategy
Negotiating commercial terms with investment managers
Managing the evaluation and purchase of new portfolio software system for the Asset Management Department
Reviewing all legal agreements and contracts related to investment mandates (traditional and alternatives) and credit facilities. From December 2003 to Present (12 years 1 month) KuwaitChairman @ Completed the successful restructuring of the company’s balance sheet and raised capital from existing and new shareholders while managing the day to day operation of both Kuwait and US office. The firm of 20 person staff offers various investment solutions to high networth and institutional clients in local and regional markets. The company was listed in Kuwait Stock Exchange in December 2008 and manages over $350 million in assets. From December 2008 to December 2010 (2 years 1 month) KuwaitInvestment Manager @ Served as deputy head of the Asset Management Division and head of the Funds Structuring Department. The Division had a team of 9 dynamic members compromising 3 main departments: Funds Structuring, Marketing, and Operations. It is responsible for providing mutual funds and investment services to retail, high net worth and corporate clients. I played a major role in the launch of 12 funds out of the current 16 the bank offered to its clients in Kuwait up to March 2003 and had assets under management of US$1.3 billion.
Responsibilities included:
o Identifying and evaluating potential investment funds/ money managers whom the bank’s offer its products/ services to the client base
o Preparing investment proposals for high net worth and corporate clients based on their risk tolerance and investment objectives
o Structuring, executing and managing the liquidity of all the capital protected funds
o Reviewing and negotiating legal agreements with the lawyers and fund managers
o Liaising with local authorities (Central Bank of Kuwait, Ministry of Commerce) on issues related to funds launch approval, quarterly funds report and clients’ queries
o Preparing and approving all client and staff communication published by the Division in both languages, Arabic and English From February 1999 to March 2003 (4 years 2 months) Software Developer @ Developed and maintained the company’s web site. Built the first interactive Exit Interview software package for one of the major clients. Assisted in various tasks which included industry and software
research, the modification of the company’s databases and the evaluation and identification of different software packages for the company’s use. From May 1998 to January 1999 (9 months)
Certificate, Leadership Development Program @ Harvard Executive Education From 2006 to 2006 Master of Science (MS), Management Information Systems, General @ The George Washington University From 1998 to 1999 Bachelor of Science (BS), Computer Engineering @ The George Washington University From 1993 to 1998 Hetaf CFA is skilled in: Leadership, Portfolio Management, Investments, Capital Markets, Asset Management, Alternative Investments, Analysis, Asset Allocation, Asset Managment, Derivatives, Equities, Equity Research, Emerging Markets, Due Diligence, Financial Analysis