REG - Kuwait ProjectCo SPC - KIPCO appoints Sunny Bhatia as Group CFO

Siemens AGAnnouncement

19/04/2022 13:30

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RNS Number : 6068I  Kuwait Projects Co SPC Limited  19 April 2022

Immediate Release

 

 

KIPCO appoints Sunny Bhatia as Group CFO

 

 

Kuwait City, 19 April 2022: KIPCO - Kuwait Projects Company (Holding) - has
announced the appointment of Mr Sunny Bhatia as Group Chief Financial Officer.
With more than 30 years of experience spanning across multiple financial
services' sectors, Mr Bhatia will play a vital role in KIPCO's long-term
growth plans.

 

Sheikha Dana Nasser Sabah Al Ahmad Al Sabah, KIPCO's Group Chief Executive
Officer, said:

 

"We are pleased that Sunny is joining KIPCO as the Group CFO. Sunny has a
proven track record of leading high-performing finance teams. His well-rounded
and business-oriented profile, together with his extensive regional and
multinational experience, will add a lot of value to the company."

 

On his part, Mr Bhatia said:

 

"I am delighted to be joining KIPCO at this exciting time. I look forward to
working with Sheikha Dana and her team to accomplish the Board of Director's
vision for the company."

 

Prior to joining KIPCO, Mr Bhatia was the CFO of NBK Capital. He also held
leadership positions in Global Investment House and the National Bank of
Bahrain. He worked with KPMG, Siemens and PricewaterhouseCoopers in various
capacities. Mr Bhatia holds a Bachelor of Commerce from Delhi University and
is both a Chartered Accountant and Cost and Management Accountant.

 

-  Ends -

 

 

 

Notes to Editors:

 

Kuwait Projects Company (Holding) - KIPCO - is a holding company that focuses
on investments in the Middle East and North Africa. Its strategy of acquiring,
building, scaling and selling companies in the MENA region has worked
successfully for over 30 years.

 

KIPCO's main business sectors are financial services, media, real estate and
industry. KIPCO's financial service interests include holdings in commercial
banks, insurance companies, asset management and investment banking.

 

 

Further information:

Eman Al Awadhi               Group Senior Vice President

Corporate Communications & Investor Relations

T: +965 2294 3416

                                      M: +965 6033 6399

Eman.Alawadhi@kipco.com (mailto:Eman.Alawadhi@kipco.com)

 

 

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