Kuwait Finance House-Bahrain (KFH-Bahrain) has established a new wealth management unit for managing client’s wealth and developing their assets.
The new unit aims to provide new premium investment and asset management services for clients.
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In addition, the firm has appointed Abdul Razak Jawahery as new executive manager for the newly launched unit. The move comes as part of the bank’s efforts to provide reasonable returns to its clientele.
KFH-Bahrain managing director and CEO Abdulhakeem Alkhayyat said: "The main objective behind establishing this department is to provide a high level of personal services and wealth management to the clients through a highly experienced and knowledgeable team."
"It will give them the opportunity to be exposed to new classes of assets to earn higher and better returns," Alkhayyat added.
Jawahery said: "Clients need extensive effort and precious time if they manage their assets by themselves; we have launched the wealth management department to assist them in managing and developing their assets and to provide them with the best investment products that can develop their assets by utilising skills, experience and knowledge of the market."
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By GlobalData
