Executive Moves
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Kuwait Wealth Fund Head Al Saad Said to Step Down After 14 Years
Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world’s fifth largest sovereign wealth fund for 14 years, a person familiar with the matter said. The KIA, as the fund is known, is finalizing the appointment, said the person, asking…
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Click here to read the full story: Bloomberg