Welch: strategic change in wealth management for KFH’s clients

KFH: Meeting the wealth management needs of high net worth clients

Kuwait Finance House KFH Wealth Management General Manager Matthew Welch stated that reinforcing the Bank’s private banking and wealth management service is a key pillar of the restructuring and transformation plan that the Bank is presently implementing. This plan aims at maximizing the Bank’s capabilities to improve customer service and achieve better profits.
Matthew noted the rising competition in the high net worth segment and that clients are increasingly discerning in selecting the institution with whom they choose to invest. He added that KFH has a very strong brand, a presence in markets of growing investor interest such as Turkey and Malaysia, plus strong product expertise in a number of key sectors, notably real estate.
He explained that KFH is keen on harnessing the investment capabilities of the wider KFH group to bring new opportunities and investment ideas for the benefit of the Bank’s high net worth client base.
In addition, he noted that clients now expect increased access to investment advisory and discretionary management services to help them navigate the present volatile market conditions.
It’s worth noting that prior to joining KFH, Matthew spent 28 years as an international manager with HSBC, working in many different countries, including Bahrain, Dubai and Saudi Arabia within the GCC. A specialist in private banking and wealth management, he also has extensive experience in corporate and investment banking and strategic planning. He holds a master’s degree from the University of St Andrews in Scotland and is an Associate of the Chartered Institute of Bankers.

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Kuwait Finance House (KFH)

KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneer in the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and client service.

KFH manages its operations in the GCC, Asia, and Europe through over 310 branches, including KFH-Turkey, in order to offer services for the bank's clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Australia, Jordan, Dubai, and Manheim in Germany.

KFH's mission is to achieve highest levels of excellence and innovation in the field of client service, while developing common interest for all those concerned with the financial institution. KFH's vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.

KFH's values include cementing leadership through all its businesses, including leadership in the Islamic banking services worldwide, through innovation and in client service and the development of its employees. In addition, KFH is committed to all its procedures, and to setting up long-life partnerships with the concerned authorities.
For more information, please visit: www.kfh.com