Markaz

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Kuwait Financial Centre "Markaz"
Public Company
Industry Financial Services
Founded 1974
Headquarters Duaij Building, Mubarak Al-Kabeer St, Al Qiblah, Kuwait
Website www.markaz.com

Kuwait Financial Centre K.P.S.C “Markaz”, established in 1974, is a leading asset management and investment banking institution in the Persian Gulf region with total assets under management (AUM) of over KD 1.10 billion as of June 30, 2015 (USD 3.66 billion).[1] Asset management services offered by the company include Investment Advisory Services, GCC & International Investments and Private Equities. Investment banking services include Corporate Finance, MENA Real Estate, US Real Estate, Oil and Gas and Structured Finance. Markaz was listed[2] on the Kuwait Stock Exchange (KSE) in 1997.

Board of Directors[3]

Name Position
Diraar Yusuf Alghanim Chairman
Sheikh Humoud Sabah Al-Sabah Vice Chairman
Faisal AbdulAziz Al-Jallal Board Director
Ayman Abdulatif Al-Shaya Board Director
Fahad Yaqoub Al-Jouan Board Director
Fouzi Ibrahim Al Mukaimi Board Director
Adel Mohammad Al-Ghannam Board Director

Executive Management Team

Name Position
Manaf A. Alhajeri Chief Executive Officer
Ali H. Khalil Chief Operating Officer
Gopal Menon Executive Vice President – International Investments
Bassam N. Al-Othman Executive Vice President – Real Estate (MENA)
Amani I. Al-Omani Executive Vice President – Equities (MENA)
Khaled A. Chowdhury Chief Financial Officer
Raghu Mandagolathur Senior Vice President – Published Research
Ali Mustafa Abdal Senior Vice President – Human Resources & Administration
Maha Al-Kadi Senior Vice President – Corporate Affairs & Fund Administration
Hussein Zeineddin Senior Vice President – Management Information System/Operations
Sami Shabshab President – Mar Gulf Management Inc.

Markaz Products

Type Equities Real Estate Private Equity & Hybrid Derivatives Fixed Income
Region Kuwait, MENA, Global Kuwait MENA, Global Kuwait GCC
Product Mumtaz, Midaf, Islamic, MENA Islamic, Arabian,

ETF, Mawazeen, Portfolios, CapitalPreservation

 MREF Forsa Fixed Income

Shareholders Structuring

The major shareholders (owning more than 5% of the issued shares) of the Company as on 3 September 2015 are:

Shareholder No. of Shares  % of issued shares
Strategia Investment Company K.S.C.C. 111,676,968 21.020
Kuwait Financial Centre K.P.S.C - Clients 64,657,141 12.170
Kuwait Financial Centre K.P.S.C 50,498,253 9.505
National Investment Company K.P.C.C - Clients 38,379,783 7.224

Subsidiaries & Branches

  • Marmore MENA Intelligence:[4] It was established in the year 2010. Marmore is a majority owned subsidiary of Kuwait Financial Centre “Markaz”. Marmore offers full-fledged research in asset management and investment banking focused on Middle East and North Africa (MENA) region. Marmore’s objective is to provide services of financial research and analysis of Mena economies, markets, and companies.
  • Mar-Gulf Management, Inc. (MGMI): Acts as Markaz’s real estate arm in the United States. Since 1988, Markaz has been conducting real estate transactions in the US through Mar-Gulf, located in Los Angeles, California.

Latest Awards

2014: Global Investor’s Best Asset Manager Award[5]

2014: EMEA finance’s Best Asset Manager Award[6]

2014: Euromoney’s Best Investment Bank Award[7]

2014: Global Finance’s Best Investment Bank Award[8]

Corporate Social Responsibility

To achieve economic and social responsibility, Markaz has developed a strategy based on three main pillars, which are:

  • To build human capabilities
  • To align Markaz business environment with the principles of sustainable development
  • To promote good governance in the business environment

To implement this strategy, Markaz cooperates with civil society organizations, Kuwait Chamber of Commerce & Industry, and related Governmental Bodies.

CSR Activities

  • Markaz launches an internal donation campaign for Syrian refugees[9]
  • KRCS announces Markaz as a Humanitarian Partner[10]
  • Markaz participates in CFA Kuwait 7th Annual Charter Award Ceremony as Platinum Sponsor[11]
  • Markaz Sponsors the 4th International Conference for Accounting & Auditing[12]
  • Markaz sponsors International Day for People with Disability[13]
  • Within its Corporate Social Responsibility, Markaz sponsors “Omniaty”
  • Markaz launches its initiative in economic policy alternatives toward sustainable development[14]
  • Markaz sponsors LOYAC’s AC Milan Academy[15]

References

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External links

1.MARKAZ official site 2.www.e-marmore.com

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