Dubai PR Network, Online Press Release from Dubai and Middle East
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
Warba Bank promotes Hosam Al-Muzaiel to Investment Department Manager
 
Warba Bank promotes Hosam Al-Muzaiel to Investment Department Manager

Kuwait; April 21, 2013: Warba Bank announced today the promotion of Hosam Nasser Al Muzaiel to Investment Department Manager. The new promotion reflects Hosam's extensive professional qualifications and long experience in both banking and investment sectors.


Al Muzaiel brings to Warba Bank over sixteen years of experience in  investment and banking sectors in both  local and global markets. In his new role as an Investment Department Manager, Hosam will be responsible for supervising the department and overseeing its investment operations. 

Prior to joining Warba Bank, Al Muzaiel held numerous leading positions in the investment sector in Kuwait and London, such as, managing the real estate portfolio at the Kuwait Investment Office in London for more than  six years, following his role in  the Finance Department at the Kuwait Investment Office for two years.

Al Muzaiel was also the Deputy Chief Operating Officer at Kuwait Global Securities House for almost six years, where he worked on various successful key investments in the US and Europe, including his participation in establishing a bank in London.
 
Prior to his new role as the Investment Department Manager, Al Muzaiel was  an Investment Manager at the Investment and Treasury Group at Warba Bank, where he took part in completing several successful investments and transactions, which contributed highly towards achieving lucrative returns in a short period of time.

Commenting on his appointment Mr. Hosam Al-Muzaiel said: “.Praise be to Allah, the Almighty, for the success and bless conferred upon me. Although the bank is still young, it has managed to complete a broad range of successful investments locally and globally, and has already established a strong market presence. We are determined to build on this success, while developing future opportunities.” 

Warba Bank recently announced that Kuwaitization at the management level has crossed the 75% mark. This demonstrates the commitment of Warba Bank to utilize the leadership qualities of Kuwaitis. Warba Bank has been able to achieve this figure despite a number of challenges. To make up for a lack of Kuwaiti recruits in some sectors, the bank has provided training to highly qualified, young Nationals enabling it to achieve Kuwaitization in departments such as Corporate, Retail and HR of 98%.Across its operations, Warba Bank has achieved Kuwaitization of over 60%, reflecting its commitment to employ local expertise and talent. 

-Ends-


Posted by : Dubai PR Network Editorial Team
Viewed 10474 times
PR Category : Banking & Investments
Posted on : Wednesday, April 24, 2013  1:56:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Dubai Islamic Bank goes live on Social Media
Next Story : Commercial Bank International's ‘Mabrook' wins ‘Best Savings...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Make Up for Ever Introduce Two New High Performance Products Within the Aqua Resist Range [7860-Views]
Mouawad Reveals the Journey of the Extraordinary Botswana Diamond [5974-Views]
Eid Gift Ideas by The Body Shop UAE [5355-Views]
VIP Drivers Announced for the Jaguar I-pace Etrophy ‘Lockdown Showdown' in Berlin [4047-Views]
Two Emiratis claim GUINNESS WORLD RECORDS titles in July [3505-Views]
Parmigiani Fleurier to participate at first Watches & Wonders -Shanghai' [2944-Views]
The Potential of Colour as a Design Element [2882-Views]
Joyalukkas Announces its Mega Eid Discount Offer [2784-Views]
Parmigiani Fleurier to Participate at first Watches & Wonders -Shanghai [2546-Views]
Kristina Fidelskaya - Summer Essential [2440-Views]
Six of the Best Tech Gifts This Eid [2181-Views]
Deema Ajlani | The Eid Edit [2157-Views]
PayBy Partners With Lulu to Bring Shoppers Contactless and Secure Payment Solutions [2046-Views]
Siemens Compressors Selected for Gas Reservoir Storage Project with Saudi Aramco [1976-Views]
Ooredoo Qatar and Ericsson reach new heights in 5G [1972-Views]
Instinctif Partners and Advert One Complete IPO Advisory Role for Amlak International [1964-Views]
NYU Abu Dhabi Astrophysicist Investigates the Possibility of Life below the Surface of Mar... [1906-Views]
Save up to AED 25,000 on Pre-Owned Lexus Cars with Al-Futtaim Auto Fest [1906-Views]
Eid Al Adha Gift Guide [1894-Views]
Safe Start-up of Unit 1 of Barakah Nuclear Energy Plant Successfully Achieved [1882-Views]
Schneider Electric Shows They Are Acting to Build a Green and Inclusive Future for All Thr... [1870-Views]
EWEC Announces Partners to Develop the World's Largest Solar Power Plant [1853-Views]
UAE Team Emirates Return to Racing at the Vuelta Burgos [1820-Views]
Win Big at Dalma Mall with the ‘Eid Family Shopping Challenge' [1812-Views]
“New Law to Position Dubai as World's Commercial and Start-up Hub for Drone Services – FED... [1779-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories