Kipco CFO attends NYSE closing bell ceremony

Mr Pinak Maitra, Kipco's Group Chief Financial Officer, was among a group of business leaders from the Middle East who were invited to attend the ceremony.

The group included Mr Maged Shawky, Chairman of the Egyptian Stock Exchange, Dr Soliman El Shawmy, Head of the Libyan Stock Exchange, Mr Ahmed Al Marhoon, Chief Operating officer of the Muscat Securities Market in Oman and Mr Jalil Tarif, CEO of the Amman Stock Exchange in Jordan.

The group was attending a MENA Investment Forum in New York and was invited to the closing bell as an appreciation of their contribution to the Forum.

Mr Maitra said:

"It was a great honour to be invited to the famous closing bell ceremony and to be among such distinguished company. The event is one of the major spectacles of the global financial market and I was very proud to be part of it."

Mr Maitra added that Kipco had attended the Forum as part of its ongoing dialogue with the global financial community: "As part of our transparency culture, Kipco has been communicating with existing and potential investors for many years and in the current climate this communication is even more important. The Forum in New York was another opportunity for us to update investors and explain our strategy to them. For example, we explained that the growth of the MENA region will remain robust during this year and that Kipco's companies will continue to deliver revenue growth and healthy results."