?Kuwait Investment Company honors member of the Board of Directors, Mr. Faleh Abdullah Al-Raqaba
The Chairman of the Board of Directors of the Kuwait Investment Company, Dr. Youssef Al-Ali, the executive management and the senior managers of the company, honored the member of the Board of Directors, Faleh Abdullah Al-Raqaba, in appreciation of his efforts and achievements, after a long career in the Board of Directors that lasted for about 7 years.
Al-Raqaba was a member of the Board of Directors of Kuwait Investment Company from August 2, 2016 to May 5 2023.
In a statement, the company drew attention to the role of Al-Raqaba in the board of directors of "Kuwait Investment" and its many contributions during its membership period, noting that Al-Raqaba and the rest of the company's board members strengthened the company's strategy and increased its protective buffers in facing the challenges that occurred in the markets in the past years, most notably the exceptional repercussions of the COVID pandemic. .
Al-Raqaba has a long record of professional expertise specialized in the field of investment services, strategic planning and governance in the private and public sectors, by virtue of his work that extends for more than 30 years in the field of financial markets.
The company indicated that this experience constituted an added value in the operational plans of "Kuwait Investment" and its strategic direction towards avoiding the risks of volatility that faced investment companies in the stock markets in the past years, which necessitated increased levels of caution, whether in terms of seizing appropriate opportunities, or by building appropriate levels of precautionary provisions that raised The financial efficiency of the company.
The company indicated in its statement that Al-Raqaba worked in the Kuwait Stock Exchange and held several positions, the latest of which was the director of the market, in addition to membership in the Governance Committee, emanating from the Board of Directors of the Kuwait Stock Exchange.
Al-Raqaba's practical career also included membership in several boards of directors in financial and investment companies, the most important of which are the Kuwait Clearing Company and the Kuwait Investment Company, and chairing the board of directors of Al-Sahel Development and Investment Company.