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Financial Services
KIPCO's holdings in the financial services sector include commercial banks, investment banks, asset management companies and insurance companies. Some of the companies in the financial services sector have holdings in the real estate and Industrial sector. KIPCO Group companies offer a range of products and services for its retail, small business and corporate customers.

KIPCO offers retail customers premium wealth management solutions, investment advice, financial planning, portfolio management and trust services. Retail customers are offered products ranging from deposit accounts to mutual funds, private banking solutions to insurance services. For corporate customers, the product range includes corporate finance advisory services to insurance services. KIPCO's financial sector companies are based in Kuwait, Jordan, Bahrain, Tunisia, Algeria, Saudi Arabia, Lebanon, Egypt, U.A.E., Iraq and Syria. Most of these companies are leaders in their local markets.

KIPCO's companies in the financial services sector include:
Gulf Bank Algeria
Jordan Kuwait Bank (JKB)
Bank of Baghdad
United Financial Investment Company
Arab Misr Insurance Group
Fajr Al Gulf Insurance and Reinsurance Company
Saudi Pearl Insurance Company
Arab Orient Insurance Company
Bahrain Kuwait Insurance Company
Gulf Life Insurance Company
Syrian Kuwaiti Insurance Company
KIPCO Asset Management Company (KAMCO)
United Gulf Bank Securities Company
Tunis International Bank
Syria Gulf Investment Company
United Gulf Financial Services North Africa Holding Company
Kuwait Clearing Company
Manafae Investment Company
North Africa Holding Company
Syria Gulf Bank
Royal Capital Company
Al Sharq Financial Brokerage Company
Millennium Private Equity Limited
Al-Buruj Co-operative Insurance Co.

KIPCO - Work And Beyond

Mr Masaud Hayat has been elected Chairman of the Board at UGB. Mr Hayat replaces Mr Faisal Al Ayyar who will remain as a member of the Board. Mr Hayat has also been appointed as Chief Executive Officer – Banking at KIPCO.

Mr Hayat was UGB’s Managing Director from 1997 to 2009 and has been a Director of the bank since 1990. He is Chairman of Syria Gulf Bank and Tunis International Bank and Vice Chairman of Gulf Bank Algeria and Jordan Kuwait Bank, and a Board member of the Bank of Baghdad and the North Africa Holding Company.
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