Chair, vice-chair resign from GIC
Staff writer ▼ | September 16, 2014
Safat, Kuwait - September 16, 2014, Safat, Kuwait - Global Investment House announced the resignations of chairperson Maha Al Ghunaim and the vice-chairman Hisham A. Al-Razzuqi. Article continues below
Mrs. Al-Ghunaim has more than 31 years of experience in the financial sector and mainly asset management and investment banking. She served on the board of several regional companies and advisory boards and held several senior positions. She co-founded Global in 1998 and has been managing the company since then.
Mrs. Al-Ghunaim holds BS in Mathematics from San Francisco State University, California, USA. She received notable regional and international recognitions.
Following his graduation from the American University, Beirut, Mr. Al-Razzuqi joined the Planning Board where he participated in a study for one year with The Economist Intelligence Unit to evaluate companies owned jointly between the government of Kuwait and the private sector.
Later Mr. Al-Razzuqi joined Kuwait Foreign Trading Contracting and Investment Company (majority owned by the government of Kuwait) as junior officer. During his ten year tenure at KFCIC, he assumed senior positions, the last being Deputy General Manager in charge of Marketable Securities, Credit and Treasury.
Mr. Al-Razzuqi joined Gulf Investment Corporation (GIC), equally owned by the governments of the GCC, since its inception in 1983 as Executive Vice President. He was appointed CEO of GIC.
Throughout his career, Mr. Al-Razzuqi was on the board of 17 local and international financial organizations. Some of which were Foulath (Chairman), a steel company in Bahrain, National Industries, Saudi Arabia, Kuwait Investment Company, Burgan Bank, Kuwait Reinsurance Company.
Mr. Al-Razzuqi is a member of the Conference Board Global Advisory Council and a member of the Middle East Advisory Board of Olayan School of Business at the American University of Beirut.
Mr. Al-Razzuqi has a B.A from the American University of Beirut and attended the Advanced Management Program at Harvard University. ■ LATEST MOVES FROM Kuwait
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