Page 5 - CGR-2022-EN

60 ANNUAL REPORT 2022

Summary of the members of the Board of Directors, including the academic qualifications and work experience:

1- Mr. Rashid Al Nafisi (Chairman)
Received his Bachelors in Commerce Emphasis in (Accounting) from the Faculty of Commerce, Economics &
Political Science - Kuwait University. In more than 44 years of business administration, real estate development
and management, Mr. Rashid Al Nafisi has a track record of diverse achievements. The multiple roles he has
taken on over the past decades underline the breadth of his scientific and practical experience, as well as his
distinct management skills. He has previously served as the General Manager of Al Nafisi United Group and the
Director of Real Estate Loans Administration at the Kuwait Real Estate Bank. He has also served on the board
of a number of companies and banks, including Kuwait business town real estate Co., the Commercial Bank of
Kuwait, Kuwait Asia bank, Kuwait Airways Corporation, Mr. Rashid Al Nafisi was also the Chairman of the Board
of Directors of the National Investments Company.
, a member of the Board of Directors of Mazaya Qatar Real Estate Company and Majan Development Company.
He has extensive experience in the field of real estate development and contracting and he is managing his own
business, Currently, Mr. Rashid is the Chairman of Al Mazaya Holding Company since its inception.

2- Mr. Eid Abdallah Al Rasheedi (Vice Chairman)
Mr. Eid Abdullah Alrayyes Al Rasheedi has obtained the bachelor’s degree in Economic and Administration
and Organization, from Kuwait University. Mr. Eid Al Rasheedi started his working with Kuwait Investment
Authority at American Investments Department. He started his career by having training programs in New York
USA with Morgan Stanley, Chase Manhattan, and Citigroup for three years in financial and investment analysis,
asset management, risk management, financial engineering and global asset allocations. He is characterized by
multiple positions that he held, where he held the position of the director of American Investments Department at
Kuwait investment authority (KIA) - Kuwait, the president & CEO of Kuwait investment Office (KIO)in London UK
(20032012-), the CEO of Al Asas Holding Group. He is currently the President and CEO of Rayyes Capital-Jersey
ISLAND. Mr. Eid Al Rasheedi was a member of the Board of Directors of Companies, Banks, Cultural, Social
and Economic Societies (American economic Societies, European economic Societies and Kuwait economic
Societies) further, he has multiple memberships in various committees in Kuwait, London UK and USA.

3- Mr. Abdul Hamid Mihrez (Board Member)
Holds the designation for CFA Since 2005 and received his MBA (Emphasis in Finance) from the Lebanese
American University (LAU) & holds a Bachelor of Science from the American University of Beirut (AUB).
Abdul Hamid is a seasoned investment professional with comprehensive knowledge and experience in the GCC
and wider MENA region. He brings around 22 years of experience in asset management, investment banking,
restructuring and exit strategies development.
Abdulhamid joined Global Investment House in 2011 and played an active role in Global’s USD 1.7bn debt
restructuring and successfully transformed the principle investments division into an Asset Management business
pillar. In 2019 and by virtue of the KAMCO-GLOBAL merger, he joined Kamco Invest as an Executive Director
heading the Special Situations Asset Management department which was originally awarded with an AuM of
USD690mn.
Over the past 8 years Abdul Hamid led the disposals of assets worth ~USD850mn. Abdul Hamid is a board
member of a number of regional and international companies in the real estate, insurance, food, industrial, and
financial services sectors.
During his career, he led or co-led a number of investment banking transactions worth USD700mn covering
valuations, financial advisory, mergers & acquisitions, capital raising, bond issuance, financial restructuring
and listing mandates. He started his career in the asset management field where he was a member of a fund
management team managing two equity mutual funds.