General Manager of International Banking and Acting Chief Investment Officer at Kuwait Finance House KFH Shaheen Al-Ghanim highlighted KFH’s investment vision and insight through the announcement of emerging KFH Investment Company (previously named Liquidity House); emphasizing on the importance of this announcement, as it marks a new beginning for KFH group and its potential contribution to the global Islamic financial services industry. He added that this company will be KFH’s main investment arm locally, regionally, and globally. He went on to say that renaming Liquidity House to KFH Investment is one of the results of the new investment strategy, which is considered to be part of KFH’s development and restructuring plan.
Al-Ghanim explained that emerging KFH Investment Company reflects one of KFH’s overall strategies within the investment initiatives that will follow with similar dedicated investment vehicles. All of KFH investment holdings and activities shall be now consolidated and supervised by KFH Investment Company, locally, regionally, and internationally; thus underscoring the value of those investments.
He added that KFH shall leverage its extensive experiences and capabilities in investments to achieve market growth and benefits from the advantages of the economies in which it operates, for optimal growth generation for its clients, shareholders and partners; especially that investments are considered to be a significant source of profit and high returns through high value investments, not to mention taking part in major opportunities in various markets.
Furthermore, Al-Ghanim revealed that this company will survive Liquidity Management House (LMH), the fully owned and very successful subsidiary of KFH. He noted that the Shareholders General Assembly of LMH had been convened last Thursday and approved changing the name of the company. The company with its new name will shoulder its responsibilities according to KFH’s approved strategy.