Mr. Khaled Jassim AlWazzan, Vice Chairman at Global, presided over the meeting.
The OGM appointed the following board members: Mrs. Maha K. Al-Ghunaim; Mr. Khaled AlWazzan, representing Jassim AlWazzan Sons Co.; Sheikh Abdullah Al-Jaber Al-Sabah, representing the Public Institution for Social Security; Mr. Marzook Nasser AlKharafi, representing Mohammad Abdulmohsen AlKharafi Co.; and Safi Holding Co.
The Board reconvened after the OGM and elected Mrs. AlGhunaim as Chairperson and Managing Director and Mr. AlWazzan as Vice Chairman.
The Board also assigned an Internal Auditing Committee as follows: Mr. AlWazzan, Committee Chairman; Sheikh Abdullah Al-Sabah, member; and Mr. AlKharafi, member.
AlWazzan pointed out that, in accordance to international standards, the internal audit committee did not include a company executive to insure enhanced impartially in the committee's supervision operation which Global is committed to.
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Global elects new board members
- Kuwait: Sunday, June 24 - 2007 at 10:08
- PRESS RELEASE
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Global Investment House "Global" has elected new board members, held during its ordinary general meeting (OGM).
AlWazzan (left) and AlSumait (right) during GLobal's OGM.
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Medilyn Manibo, Assistant News EditorSunday, June 24 - 2007 at 10:08 UAE local time (GMT+4)
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This article was updated on Tue Jun 26 2007.
Notes and Media Contacts »
About Global Investment House "Global"
Global Investment House "Global" is a full-fledged investment company incorporated in 1998, and falls under the regulation of the Central Bank of Kuwait. Its underlying foundation is to meet the high expectations of local and international clients, and to enhance the investment service industry and the capital market in Kuwait and the region. Today, Global stock lists on the Kuwait, Bahrain, and Dubai Stock Exchanges, with branches and affiliates in Bahrain, Dubai and Abu Dhabi (UAE), Jordan, Qatar, and Sudan. Global plays an important role in promoting investment opportunities in the Arabian Gulf Peninsula to investors through expert financial engineering, in-depth research and reports to advance the capital market in the region. Thus, Global's achievements have been recognized on local, regional, and international levels. The company's current assets under management reached KD2.130 billion (USD7.355 billion) as of 31 March 2007.
For more information about Global, please contact:
Khaled A. AlAttar
Assistant Manager Media Relations
Tel: (965) 240-0551 Ext. 402
Fax: (965) 242-0498
P.O. Box: 28807
Safat, 13149 Kuwait
Global Investment House "Global" is a full-fledged investment company incorporated in 1998, and falls under the regulation of the Central Bank of Kuwait. Its underlying foundation is to meet the high expectations of local and international clients, and to enhance the investment service industry and the capital market in Kuwait and the region. Today, Global stock lists on the Kuwait, Bahrain, and Dubai Stock Exchanges, with branches and affiliates in Bahrain, Dubai and Abu Dhabi (UAE), Jordan, Qatar, and Sudan. Global plays an important role in promoting investment opportunities in the Arabian Gulf Peninsula to investors through expert financial engineering, in-depth research and reports to advance the capital market in the region. Thus, Global's achievements have been recognized on local, regional, and international levels. The company's current assets under management reached KD2.130 billion (USD7.355 billion) as of 31 March 2007.
For more information about Global, please contact:
Khaled A. AlAttar
Assistant Manager Media Relations
Tel: (965) 240-0551 Ext. 402
Fax: (965) 242-0498
P.O. Box: 28807
Safat, 13149 Kuwait
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