Annual report eng.2018

Educational Background & Work Experience Holds the designation for CFA Since 2005 and received his MBA (Emphasis in Finance) from the Lebanese American University (LAU) & holds a Bachelor of Science from the American University of Beirut (AUB). A seasoned investment professional with comprehensive knowledge and experience in the GCC and wider MENA region. He brings over 15 years of experience in asset management, investment banking, restructuring and exit strategies development. He played an active role in Global’s USD 1.7bn debt restructuring and successfully transformed the principle investments division into an Asset Management business pillar. Abdul Hamid heads the Special Situations Asset Management department which currently manages a portfolio of special situation assets worth USD450mn and entails proactive management of the underlying positions; focusing on creating and enhancing the value and ensuring an orderly asset disposition. Overthepast36monthsAbdulHamid led the disposals of assets worth ~USD 350mnn at an implied exit multiple over targeted asset value of around 1.5x. Abdul Hamid is a board member of a number of regional and international companies in the real estate, insurance, food, industrial, and financial services sectors. During his career, he led or co-led a number of investment banking transactions worth USD700mn covering valuations, financial advisory, mergers & acquisitions, capital raising, bond issuance, financial restructuring and listing mandates. He started his career in the asset management field where he was a member of a fund management team managing two equity mutual funds. Educational Background & Work Experience Mr. Al-Othman received his degrees in Business Management from the Australian College of Kuwait, and holds a number of professional Certificates Specifically related to the real estate sector such as Real-Estate evaluation, Theoretical Methods and Operational Implementation, International School of Professional Development, Effective Sales Tools and Techniques in Real Estate Perspectives, Strategic Sales Skills For Real Estate Professionals, and Essential Sales Skills For Real- estate Professionals from different professional real-estate institutions. Mr. Al-Othman is currently the Managing Director of Shether Group Company. Previously, Mr.Mohammad was the Marketing & Leasing Manager for Al Hamra Real-Estate Company responsible for marketing the commercial components of Al Hamra Project. Also, Mr.Al-Othman was a board member in Al Hamra Cinema Company. He conducted many Real- Estate market research and analysis in both the retail and office space segment for Ajial Real-Estate & Entertainment Company and Al Jal Real-Estate Services Company. Educational Background & Work Experience Received her Bachelors of Science in Biological sciences from Kuwait University with a specialization in Molecular Biology and Genetics. Mrs. Al-Qenaei has more than 16 years of experience in the Wealth Management arena covering various client segments throughout the region including sovereign wealth funds. She started her career with Global Investment House in Corporate Finance. She later moved to help set up the Wealth Management Department at Global and headed a team focusing on high net worth individuals. Later on, she was promoted as Head of Corporate and Institutional clients unit in Kuwait. In December 2008, she was promoted to head the Wealth Management Department covering Kuwait, where she successfully managed the relationship with clients. In 2011, she was promoted to manage the newly merged Wealth Management Department covering Kuwait and International markets. During this time, she re-engineered the processes and modified the strategy of the Department to best suit the challenges faced by the capital markets. In parallel, she also headed and grew the Portfolio Management Unit, a third party funds platform at Global. Mrs. Al Qenaei has historically served the below board positions in First Dubai Real Estate Development Company & Future Kids Company. And is currently on the board as Vice Chairman in Shurooq Investment Services Company, Oman & a BoardMember in Al Mazaya Holding Company, Kuwait. Mr. Abdul Hamid Mihrez Board Member Mr. Mohammad K. Al-Othman Board Member - Independent Mrs. Rasha A. Al- Qenaei Board Member ANNUAL REPORT 2018 09 Board of Directors & Executive Management Message from the Chairman Message from the Group CEO Operations & Services Mazaya Projects Corporate Governance Report Audit Committee´s Report Financial Report 2018