Management Team

Management Team

Markaz Research
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Management Team

Executive Management

/getmedia/b5ade890-396a-4d27-99eb-0791f0527dee/AHK-pic-for-web_1.jpg.aspx?width=105&height=120&ext=.jpg Ali H. Khalil
Chief Executive Officer

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Ali H. Khalil is the Chief Executive Officer of Kuwait Financial Centre “Markaz”. He has more than 33 years of experience spent between Kuwait and the United States, with the Markaz Group of Companies. He has been the Chief Operating Officer of Markaz since 2010 whereby he oversaw both the Asset Management and the Investment Banking activities, with all their underlying activities, encompassing Mutual Funds, Portfolio Management, and Real Estate & Private Equity, in addition to Advisory, Corporate Finance and Capital Markets. 

He joined the Markaz group of companies in 1989 as the President of Mar-Gulf Management, a fully owned subsidiary of Markaz located in Los Angeles, California, which manages its USA real estate investment activities. Under his tutelage, the real estate investments activity was expanded to include the MENA region with special focus on the GCC, and later on Europe.
Mr. Khalil holds an MBA degree from INSEAD in France, a M.Sc., and a B.Sc. in Industrial Engineering from Texas A&M University, USA.
 

/getmedia/07714dfb-1a41-4af8-a9ac-6ada5bb23bea/Bassam-Al-Othman.jpg.aspx?width=105&height=120&ext=.jpg Bassam N. Al-Othman
Managing Director - Real Estate (MENA)

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Bassam N. Al-Othman has over 24 years of experience in real estate development and investments, as well as, project management in the MENA region. Since joining Markaz in 2005 as Senior Vice President, he has led the MENA real estate team in launching and managing a number of funds and portfolios, spanning the whole spectrum of real estate investments themes, from income generation and land trading, to full development of residential and commercial real estate projects. Prior to Markaz, Al-Othman served executive positions at Kuwait Fund for Arab Economic Development, and was in charge of projects’ appraisal and execution in Lebanon and Egypt.
MBA - American University of Beirut
B.S. in Electrical Engineering - North Carolina A&T State University

/getmedia/226d89dd-ce80-4ad7-9b37-cced9f2ce1b6/Amani-Al-Omani.jpg.aspx?width=105&height=120&ext=.jpg Amani I. Al-Omani
Managing Director - Equities (MENA)

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Amani I. Al-Omani joined Markaz as Assistant Vice President - Local & GCC Investments. Currently, she is Head of the MENA Equities Department; Earlier, she was the Fund Manager of Mumtaz, Co-Fund Manager for MIDAF, Islamic, Forsa and Arabian Fund. Prior to that, she served seven years with Bank of Kuwait & the Middle East in the Treasury Department as a Foreign Exchange and Money Market dealer.
BA in Accounting & Auditing - Kuwait University, Kuwait
ACI fellowship - Financial Market Association, Paris

/getmedia/cd991043-e483-4730-9ad8-3cd69e619dd7/Abdullatif-Al-Nusif.jpg.aspx?width=105&height=120&ext=.jpg Abdullatif W. Al-Nusif
Managing Director – Wealth Management and Business Development

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Abdullatif W. Al-Nusif joined “Markaz” in 2004 and has over 16 years of experience in the asset management and investment banking industry with roles in the corporate finance, international and MENA real estate, before he joined Wealth Management & Business Development in 2013 to lead the team. Al-Nusif served as a board member of many companies.
 
Bachelor’s degree in Finance from University of Denver.

/getmedia/25a34b77-d037-45e1-825a-6c379c93d8b7/Maha-Al-Kadi.jpg.aspx?width=105&height=120&ext=.jpg Maha Abdul Salam Imad
Executive Vice President - Corporate Affairs, Custody Services

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Maha A. Imad joined Markaz in 1997 to work in the Private Equity Funds Investments Department, wherein she became head of department in 2000. Maha managed the portfolio of investments in international private equity funds until 2009 when the board of Markaz decided to cease the program. During that period, she built up a portfolio of 54 funds very well diversified in terms of strategy and markets based on the company’s strategy. 

In January 2005, she set up the Fund Administration Department to manage the regulatory and legal affairs of Markaz managed funds and entities, across different jurisdictions; and in the process set-up the in-house legal team. Currently, the department manages the regulatory and legal affairs of entities comprising funds and investment vehicles. 

In February 2014, Maha was appointed as the Board Secretary of Markaz. Prior to Markaz, Maha spent seven years at Banque de la Méditerranée in Lebanon where she worked in the Credit Department.

BSc. In Business Management – Lebanese American University (Beirut).  
 

/getmedia/f761d8f2-65e8-4db4-981d-625d2878b932/Hussein-Zeineddine.jpg.aspx?width=105&height=120&ext=.jpg Hussein A. Zeineddin
Executive Vice President - Management Information Systems & Operations

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Hussein A. Zeineddin has over 18 years of experience in investment banking, derivatives, operations, risk management as well as the field of development and implementation of FinTech solutions. He joined Markaz in September 2002 as a Financial Analyst in the Corporate Finance Department where he was involved in structuring Forsa Fund, the first derivative fund in Kuwait and the GCC. In 2013, Mr. Zeineddin was appointed as the Head of the MIS & Operations Department with focus on increasing operational efficiency and reducing costs through process automation.

MBA - American University of Beirut
B.S. in Mathematics - Beirut Arab University
CFA charter holder - 2009

/getmedia/bedd7994-4763-4be3-91c3-8ef6bc7ae74e/Rasha-Othman-Edited.JPG.aspx?width=105&height=120&ext=.jpg Rasha A. Othman
Executive Vice President - Investment Banking (Capital Markets & Fixed Income)

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Rasha has 17 years of Investment Banking Experience during which she executed numerous mandates covering advisory services such as, restructuring, listing, credit rating advisory and debt structuring, in addition to several capital markets transactions such as Equity placements, sukuk and bonds structuring and placement. In 2009, Rasha spearheaded and co-managed Markaz Fixed Income Program which invested over USD120 million in GCC discounted bonds and sukuk, and in 2011, Rasha played a leading role in launching Markaz Fixed Income Fund which invests in MENA bonds and sukuk.
Msc. in Economics from the University of London
BA in Economics from the American University in Cairo

/getmedia/f1e67dac-110e-4502-930f-f5fd3822c8ee/Peter-Website_1.jpg.aspx?width=105&height=120&ext=.jpg Peter Kelly
Executive Vice President - Human Resources

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Peter Kelly joined Markaz in 2018, as Executive Vice President, Head of Human Resources. He has over 30 years’ experience in the Middle East, UK, the US, Europe, and several APAC countries. He has worked, as a leader and as a consultant, in Oil & Gas, Engineering, Procurement & Construction, Retail, Telecoms, Family-Owned Conglomerates and Banking & Financial Services, including the Kuwait Oil Sector, as well as high-profile businesses in Kuwait and the GCC. His consistent focus has been structuring organizations to deliver business results through their people and people systems.
Fellow of the UK’s Chartered Institute of Personnel & Development.
Master’s in HR from the University of Westminster.
 

/getmedia/89e78142-e485-4cf4-b907-690d8f65aff5/Raja-website.jpg.aspx?width=105&height=120&ext=.jpg Raja Farrukh Abrar
Senior Vice President and Acting Chief Financial Officer

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Mr. Abrar joined Markaz in 2014 to assist in leading the Financial Management Department. As Deputy CFO at Markaz, he implemented SAP and Oracle Financials to improve efficiency through automation, realigning people, procedures and practices. He is currently designated as Acting CFO.
Prior to joining Markaz, Mr. Abrar had substantial professional experience in the Investment Banking, Construction, Contracting, Audit and Assurance Services industries, obtained in senior roles in Kuwait with Noor Financial Investment Company and Burhan Holding Company. He commenced his career in Pakistan with A.F. Ferguson & Co (Pricewaterhouse Coopers), where he worked in Global Risk Management Solutions, Business Advisory, and Assurance Services.
Chartered Accountant under the Institute of Chartered Accountants of Pakistan.
Candidate for CFA Level 3
Holds a Bachelor of Commerce from Punjab University, Pakistan.
 

/getmedia/92208c46-1eb2-4182-8ec2-65abdcac0fbe/Deena-Al-Refai.jpg.aspx?width=105&height=120&ext=.jpg Deena Y. AlRefai
Senior Vice President - Investor Relations

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Deena Y. AlRefai Joined Markaz in 2005 and has over 15 years’ experience in institutional and HNWI clients relationship, private banking and investor relations.
Bachelor’s degree in Business administration with emphasis on MIS - California State University.

Markaz Subsidiaries


Sami Shabshab
Managing Director - Mar-Gulf Management Inc.
Mr. Shabshab has been active in the real estate and construction field for over 35 years. His experience ranges from engineering, general contracting and construction management, to real estate acquisition and development. Mr. Shabshab began his career in real estate when he found his consulting firm, Shabcon, in 1987. While at Shabcon, he provided services such as market analysis and research for real estate appraisers and investors. 
 
In 1993, Mr. Shabshab joined Mar-Gulf Management, Inc. and was initially responsible for operations, with special focus on turnaround situations and under-performing assets. He later became President and spearheaded Mar-Gulf’s acquisition, development, and distressed debt activities which, over his 25 plus years at the firm, has exceeded $2 billion of industrial, office, multi-family and retail properties across the U.S.

Mr. Shabshab graduated from the American University of Beirut in 1984, where he majored in civil and structural engineering.  In addition to his general contracting license and designation as a professional engineer (PE), Mr. Shabshab also holds a California real estate broker license

M. R. Raghu, CFA FRM CMA
Marmore Mena Intelligence, Pvt Ltd - CEO
Raghu heads Marmore, a research subsidiary of Markaz. Raghu is the Head of Research at Markaz. He has over 25 years of experience in investment research and analysis, out of which over 15 years is dedicated to the Gulf region.
CFA Charterholder - CFA Institute, USA and Past President of CFA Kuwait Society
CMA - The Institute of Cost Accountants of India
FRM - Global Association for Risk Professionals, USA
Bachelor of Commerce - Loyola College, Chennai, India TOP