Annual report eng.2018

59 ANNUAL REPORT 2018 4- Mr. Mohammad Al Othman (Board Member) 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. 5- Mrs. Rasha Al-Qenaei (Board Member) 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 theWealth Management Department covering Kuwait, where she successfully managed the relationship with clients. In 2011, she was promoted to manage the newly mergedWealth Management Department covering Kuwait and International markets. During this time, she re-engineered the processes andmodified the strategy of the Department to best suit the challenges faced by the capital markets. In parallel, she also headed and grew the PortfolioManagement 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 asVice Chairman in Shurooq Investment Services Company, Oman& a BoardMember inAl MazayaHolding Company, Kuwait. 6- Eng. Ibrahim Abdulrahman Al Soqabi (Group CEO / BOD Secretary) Holds a Bachelor of Science in Civil Engineering from George Washington University, DC, USA, and a Master of Business Administration (MBA) from Maastricht University. He has further participated in several Executive Training Programs provided by Harvard Business School and INSEAD. Over all, he possesses a cumulative practical experience of 18 years, diversified among the fields of Civil Engineering, Project and Construction Management, Risk Analysis, Enterprise and Corporate Governance, Compliance; however, most notably, his strategic and leading role as a Chief Executive Officer during the past 10 years. Mr. Al Soqabi was successful in transforming a pioneering Kuwaiti contracting company into a Holding entity (Kuwaiti Manager Company – subsidiary of Kuwait Finance House), thus encompassing under numerous subsidiaries through both inorganic and organic growths, which have been undertaking several activities at the local, regional and international markets, such as Gulf Cooperation Council (GCC) States, Turkey, and Hong Kong. Currently, he holds the Group CEO position for Mazaya Holding, a leading Real Estate Development Company, with multiple successful subsidiaries, not only focusing on the GCC market, but extending well into other geographical settings. The introduced strategy and business plan which have been in implementation for the past 4 years, have yielded a compounded annual growth rate of 20% in terms of net profit. Mr. Al Soqabi held several board positions in reputable listed companies such as First Dubai Real Estate, Kuwaiti Manager Co. for Contracting, Baitek Real Estate, Al Enma’ Real Estate (ERESCO), Al Tijaria Commercial Real Estate, and Al Masaken Real Estate. He is currently the Chairman of Mazaya Real Estate Development Co., KSC. 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