Dr. Husayn Shahrur Appointed CEO of Ahli Capital

Ahli Capital Investment Company (Ahli Capital) announced the appointment of Dr. Husayn Shahrur as the Company's Chief Executive Officer.

Dr. Shahrur with his extensive experience in the financial sector will be able to take Ahli Capital to the next level and cement its position as one of the leading investment companies in Kuwait.

Commenting on this appointment, Mr. George Richani, the Group CEO of Al Ahli Bank of Kuwait, said: "The appointment of Dr. Shahrur is a testament to the commitment of the ABK Group to empower Ahli Capital to provide its clients with the best-in-class wealth management solutions and other financial services. Dr. Shahrur's broad international and regional experience will no doubt be of great value to Ahli Capital and ABK Group at large."

Mr. Fawzy AlThunayan, Ahli Capital's Chairman, said: "This unique appointment is a big win for Ahli Capital, as I am certain that Dr. Shahrur will help further advance the Company's offerings to help meet clients' needs in an ever-changing world. The recent global crisis reinforced an important lesson: wealth managers have a key role in helping investors construct investment portfolios that are well positioned for black swan events."

Prior to joining Ahli Capital, Dr. Shahrur spent the last 12 years with NBK Capital, where his last position was Managing Director within the Asset Management Group. At NBK Capital, Dr. Shahrur helped transform the business he led from one which offered one single asset class to one which offers clients investment solutions spanning regional equities, regional fixed-income, global multi-asset exposures and global sukuk.

Dr. Shahrur holds a Ph.D. in Finance from Georgia State University and a BBA and an MBA from the American University of Beirut.

Ahli Capital Investment Company is a leading investment company in the MENA region, founded in 2006, and is a fully owned subsidiary of Al Ahli Bank of Kuwait.