Kuwaiti Listed Companies Convene First Meeting Of Middle East Investor Relations Society Local Chapter
Published Sunday, 20 May 2012 16:03 | Written by Amwal Al Ghad
The Middle East Investor Relations Society's (ME-IR Society) Kuwait Chapter has successfully held its first inaugural meeting in Kuwait. The meeting was hosted by the board Chairman, Mr Mohammad Abdal, Director of Investor Relations for Zain Group and Chairman of the ME-IR Society's Kuwait Chapter. Also present at the meeting were board representatives and Founding members from National Bank of Kuwait, KIPCO and Rothschild.
The objective of the ME-IR Society's Kuwait Chapter is to raise awareness and promote best practice in the field of investor relations in Kuwait through training, seminars and networking events. The Chapter offers a platform to connect investor relations professionals from leading quoted companies through an informal representative board, where the IR community in Kuwait can express and request IR initiatives and materials that will enhance and support their ability to communicate efficiently and transparently with international investors.
"The first board meeting provided us with an opportunity to brainstorm ideas. As a team we aim to learn from each other's experiences in order to make the Kuwait market more competitive in the global arena" said Amir Hanna Head of Investor Relations at NBK. Declan Sawey, fellow Board member and Treasurer of KIPCO added "We are dedicated to adding value to ME-IR Society Kuwaiti members and supporting them with their IR programmes, strategies and techniques.'
During the meeting discussions centered on establishing a Kuwait calendar of events and increasing membership of the society in the region. The next major IR focused event to take place in Kuwait will be a two day training session in September.