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PRESSR: Kuwait Projects Company announces the appointment of Samer Aboushi to the position of Senior Vice President of the Group - Investment Sector
Kuwait City - Kuwait Projects Company (Holding) announced the appointment of Mr. Samer Aboushi to the position of Group Senior Vice President - Investment Sector. With over 20 years of experience in the financial and investment banking sectors, Mr. Aboushi will contribute significantly to the development of the projects company’s portfolio in the financial and real estate sectors.
On this occasion, Sheikha Adana Nasser Sabah Al-Ahmad Al-Sabah, CEO of Projects Company, said, “We are pleased that Samer has joined the investment team at Projects Company. The experience he has in the investment banking sector in the local and regional markets will constitute an important addition to the company’s executive management.”
For his part, Mr. Aboushi said, “I am pleased to join KIPCO and I look forward to working with the Group CEO and executive management to achieve the company’s strategy.”
Before that, he held the position of Head of Strategic Investments.
Mr. Aboushi joins the Projects Company from Gulf Bank, where he held the position of Deputy General Manager for Investment Banking. Mr. Aboushi began his career at Ernst & Young, then joined Global Investment House, where his last position was Senior Vice President of Investment Banking. Mr. Aboushi holds a Bachelor’s degree in Business Administration from the American University of Beirut, an MBA from the London Business School, and holds a Chartered Financial Analyst (CFA) certification.
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A brief overview of Kuwait Projects Company:
Kuwait Projects Company (Holding) is a holding company focused on investing in the Middle East and North Africa region. The Projects Company's strategy has been successful for more than 30 years, and it is a strategy based on acquiring companies in the region, developing them, expanding their scope, and then selling them.
The Projects Company Group is active in several sectors, but its main activities include companies active in the financial services, energy, food sector, media, real estate, industry and education sectors. The group has major ownership stakes in commercial banks, insurance companies, asset management companies and investment banking.
The exchange rate used is 0.30905 Kuwaiti dinars per 1 US dollar
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