CFA Kuwait Society, a member association of CFA Institute, is set to hold its inaugural charterholder ceremony on April 15, 2009. Bader M Al-Sa'ad, managing director of Kuwait Investment Authority, and Deborah K. Jones, US Ambassador to Kuwait will be the chief guests, along with Ray DeAngelo, managing director at CFA Institute. The event will feature a presentation titled “What's next for GCC markets?” by Tarek Fadlallah, CFA followed by reception sponsored by Kuwait Financial Center (Markaz). CFA Kuwait is the seventh society to be established in the Middle East and 136th globally. It will strive to promote the highest standards of ethics and professional conduct in the Kuwaiti investment industry and raise awareness of the CFA designation, the leading professional mark recognized by investment analysts worldwide. Raghu Mandagolathur, CFA, first president of CFA Kuwait and head of Research at Kuwait Financial Centre, said “the GCC region holds great promise for the CFA profession and its members who bring with them integrity and professional ethics. The rapid growth of the region and the challenge that it faces in the light of economic crisis means that both CFA Kuwait and CFA Institute are counting on their members to demonstrate professional integrity and adherence to the highest standards. CFA Kuwait aims to position Kuwait as the investment hub of the region. The large presence of investment companies along with active involvement of sovereign wealth funds, pension funds, and regulators lends the scope and breadth to achieve this objective. The society will encourage and assist Kuwaitis to achieve the coveted CFA charter and be an integral part of the economic development of the country.”
