Kamco Invest names new MD

HandshakeKuwait-based asset manager Kamco Invest has appointed Abdullah Al Sharekh as managing director of markets and investment banking. An experienced figure in Kuwait’s investment industry, Al Sharekh was previously the head of the economic and investment team at state-led Hareer City and Boubyan Island Development Agency and managing director at Kuwait-based Sharq Capital where he led investment activity across all asset classes. In his new role, Al Sharekh will be responsible for leading Kamco Invest’s investment banking, research and lending programmes. The appointment comes just weeks after the company unveiled its new brand, Kamco Invest, following the merger between Kamco and fellow Kuwaiti fund manager Global Investment House. “It’s my pleasure to join Kamco Invest during this stage which marks the second phase of the company’s growth strategy,” said Al Sharekh. “I look forward to working with these talented teams to capitalise on and grow our role as a key player in local and cross border investment banking mandates.” © 2020 funds global mena

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