Markaz Wishes Every Woman A Happy International Women’s Day

08/03/2008

Markaz wishes all women a very Happy International Women’s Day; acknowledges that female employees are a crucial factor in Markaz’ success Ms. Rasha Abdlatif Al-Hamad, Senior Vice President - Human Resources & Administration said “On this day which commemorates the International Women’s Day, I would like to congratulate women in all walks of life. This issue is an integral part of Markaz’s mission and corporate identity. We at Markaz strive to create and maintain a working environment which does not discriminate between men and women. 

Testimony of this is, is the 3:5 ratio for female to male employees at Markaz; as a result, out of a total of 149 staff members, 56 are women which constitutes more than 37% of our workforce. In our field, these figures are noticeable.” Ms. Al-Hamad added “More importantly, women form a fundamental component of the decision making process and leadership at Markaz, demonstrated in the number of women holding senior positions at Markaz. There are currently two Senior Vice Presidents, three Vice Presidents and five women who are Assistant Vice Presidents. Women are known for their excellent communications and organizational skills, and this has lead Markaz’s female managers to play a large part in the Company’s success.” Ms. Al-Hamad concluded “Female clients make up an important fraction of our client base. Markaz experienced asset management enables women to enjoy financial independence and to live a pleasurable life. It also leads to long-term financial security and prosperity.” Ms. Al-Hamad, a working mother of three, joined Markaz as Vice President, Marketing & Private Banking in 1998. She later set up a full-fledged Human Resources & Administration Department to address the growing needs of Markaz. Prior to that, she served as a foreign exchange and money market dealer for nine years. Ms. Al-Hamad holds a BA in International Management & English Literature from Claremont McKenna College in California - USA. Kuwait Financial Centre S.A.K. 'Markaz', with total assets under management of over KD1.3 billion as of December 31, 2007, was established in 1974 has become one of the leading asset management and investment banking institutions in the Arabian Gulf Region. Markaz was listed on the Kuwait Stock Exchange (KSE) in 1997; and was recently awarded a BBB+ corporate rating by Capital Intelligence Ltd.