CFA Kuwait elects new society President
- Kuwait: Wednesday, September 05 - 2012 at 11:22
- PRESS RELEASE
CFA Kuwait, the local association of finance and investment professionals consisting of portfolio managers, investment advisors, educators and other financial professionals, is pleased to announce that it has elected Mr Rafik Hafez as its new society President. Rafik was a member of CFA Kuwait Board and part of the original action group which led to the creation of the new Society in 2008.
Over the past four years it has taken the lead in promoting thought leadership on a broad range of topical issues in what has been demanding period for the sector.
It has developed important working relationships with a host of government bodies such as the Central Bank and The Kuwait Stock Exchange as well as large Kuwait based investment and financial institutions and Universities.
It has also helped consolidate Kuwait's position within the international financial community as part of CFA Institute's international network of nearly 111,000 members based in 141 countries and territories.
Rafik is a Strategic Planning Director at the Sultan Center Company where he has worked for the past 8 years. As well as being a CFA charterholder he is a Certified Management Accountant (CMA) and a Certified Financial Manager (CFM).
Commenting on his appointment, he said, "The global financial crisis ensures that the CFA qualification is more relevant than ever. The need for properly qualified investment professionals working within the industry has never been greater. Similarly, as Kuwait continues to consolidate its position as one of the top financial centers in the GCC region, we need to ensure the right environment to attract the very best investment professionals."
He added, "I would like to take this opportunity to thank the previous board and especially Mr. Raghu Mandagolathur, our first CFA Kuwait President, for all his hard work in establishing the Society and making it such an important part of the financial community over the past four years. He will remain an important part of the work CFA Kuwait will continue to do."
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