Board of Directors
Khaled Waleed Al Falah
Chairman of the Board
Mr. Khaled Al Falah is the Chairman of National Investments Company, has extensive experience in the financial services and industrial sectors.
Mr. Khaled Al Falah Currently, He is the Business Development Director at Mohammed Abdulmohsin Al Kharafi & Sons, as well he is Vice Chairman and Chief Executive Officer at MENA Capital.
Mr. Khaled Al Falah is a member of the Board of Director at Boursa Kuwait securities Company and Bahrain Steel Company, He is also Member of the Executive Committee at Foulath Holding Company.
Previously, he was part of the Investment Banking Division at Goldman Sachs and the Investment Products Department at NBK Capital.
Mr. Khaled Al Falah holds a Bachelor’s degree of Science in Business Administration from the University of Southern California .

Bader Nasser Al Kharafi
Vice Chairman
Mr. Bader Nasser Al Kharafi is the Founder and CEO of BNK Holding, his personal holding company headquartered in Kuwait and established in 2016. BNK Holding oversees and manages a portfolio of businesses spanning over multiple industries that include healthcare, technology, telecom, industrial, securities exchange (through the Kuwait Boursa privatization), food & beverage, media, manufacturing, real estate, and automotive.
Since 2003, Mr. Bader Al Kharafi is the Executive Director of Al Kharafi Group, one of the largest privately owned and diversified conglomerates based out of Kuwait and is well known across the GCC and the MENA region, owned by the Kharafi family. The Group includes more than 135 registered companies operating in more than 28 countries, in various sectors including construction, trading & manufacturing, investments & development, as well as travel & leisure.
He holds many Board level positions which include being the Chairman of the Board of Directors at Boursa Kuwait, Chairman of Gulf Cables, a manufacturing provider of cables, Vice Chairman & CEO at Zain Group, a leading mobile voice, data, and digital services operator to over 50.9 million active individual and business customers as of March 31, 2022. Additionally, he is Vice Chairman of National Investments Company, a leading Kuwaiti investment house publicly traded on the Boursa Kuwait licensed and regulated by the Central Bank of Kuwait and Capital Markets Authority, Vice Chairman of Heavy Engineering Industries & Shipbuilding Co. (HEISCO), a major engineering, procurement and construction (EPC) contracting company based in Kuwait with a diversified range of business in oil & gas, petrochemicals, power, pressure equipment manufacturing, shipbuilding & repair, dredging & marine construction, civil construction, maintenance, and other industrial services including heavy industry projects.
Furthermore, he is a Board Member of Foulath Holding B.S.C. a Bahraini steel production plant, Board Member at Mentor Arabia, a regional non-governmental organization aiming at
empowering children and youth. Additionally, he is the Vice Chairman of Diamond International Motors company in Egypt, the authorized distributor agent for Mitsubishi vehicles. Until October 2021, he was the Chairman for National Paper Company, a pioneer of the paper industry in Egypt and the Middle East.
Mr. Bader Al Kharafi is the official representative of the consortium as Chairman of the Board of the Executive Committee of Boursa Kuwait. With this appointment, Boursa Kuwait won the privatization auction, taking a 44% equity stake in the local stock exchange. Under BNK holding, BNK Automotive acquired the franchise rights for Volvo Cars for Kuwait
in 2019 and Polestar for Kuwait in 2022 and under BNK Motion, he also acquired the
franchise rights for Piaggio Group and Vanderhall Motor Works in 2020.
Mr. Bader Al Kharafi has an ethical obligation towards society and its people and through his capacity as Chairman of INJAZ, a non-profit, non-governmental organization, they deliver educational programs on entrepreneurship, financial literacy, and work readiness to students from KG to 12th Grade with the aim of inspiring and educating future generations. Furthermore, he was appointed as a board member of UNHCR The United Nations High Commissioner for Refugees ‘Sustainability Board’. This Board is mandated to provide sustainable and innovative solutions for refugees in the MENA region. He is also a member of the Middle East Advisory Board at Coutts, the wealth division of the Royal Bank of Scotland Group and a Board Member of the Kuwait-British Friendship Society, an entity dedicated to boosting and maintaining the excellent relationship between Kuwait and the U.K. since 1992.
Mr. Bader Al Kharafi has obtained both a Bachelor of Science in Mechanical Engineering from Kuwait University and an MBA from London Business School. Moreover, he is currently pursuing a PhD at IE Business School in Spain.

Anas Khaled Al Saleh
Board Member
Mr. Anas Al Saleh is currently Chairman of SAK Holding Company and a Board Member of the National Bank of Kuwait. He previously served as Deputy Prime Minister of Kuwait and held several ministerial posts, including Minister of Finance, Minister of State for Cabinet Affairs, and Minister of Interior.
He held board positions with the Chamber of Commerce and Industry, the Market Committee (Market Regulatory Authority), the Kuwait Stock Exchange Committee (Boursa Kuwait before privatization), Kuwait Clearing Company (as Chairman), Kuwait Invest Holding Company (as Chairman), and Kuwait Real Estate Company. He was also General Manager of Sadeem Al Kuwait General Trading and Contracting Company.
Mr. Al Saleh holds a bachelor’s degree in Business Administration in Finance from Portland State University (1997), and an honorary doctorate from the same institution (2017).

Taibah Mohammad Al Qatami
Board Member
Mrs. Taibah AlQatami is currently the CEO of Retail 965, and Chairman of the Kuwait Dairy Company.
Mrs. Taibah AlQatami joined the Private Equity Department at the Public Institution for Social Security (PIFSS) during the restructuring period in the Investment Department. For more than three years, she worked in supervising and developing the team, monitoring and managing the existing portfolio and selecting the best investment managers globally in various strategies including buyout, growth and venture capital, and was appointed to various fund and corporate boards.
Mrs. Taibah started in the investment field as a trainee at Wafra Investment Company in New York City, and spent four years at Asiya Investment Company specializing in investing in Asian countries, and covered listed companies in the consumer sector, where she held three positions within the four years and relocated to Hong Kong.
She is a certified professional trainer, recognized by the International Coach Federation, and focuses on entrepreneurship, training and leadership development through the multimedia she has created.
She is a certified professional coach, recognized by the International Coach Federation, and focuses on entrepreneurship, training and leadership development.
She holds a Bachelor’s degree in Accounting from George Washington University, and a Master’s degree in Accounting from George Washington University

Fahad Abdulrahman Al Mukhaizim
Board Member & Chief Executive Officer
Mr. Fahad Al Mukhaizim Currently he is Board Member and Chief Executive Officer at National Investments Company since 2022. he held many key leadership positions within NIC from 2001 until today.He has 30 years of experience in Local and Arab Investments, Asset Management and Direct Investments.
Mr. Fahad Al Mukhaizim is currently the Chairman at: Kuwait Clearing Company, Arkan Al-Kuwait Real Estate Company, Shorouq Pack Company for packaging Materials & Plastic cards, OSOS Holding Group Company, Kuwait Emirates Holding Company, A’amal Holding Compnay, Al-Waseet Financial Business Company, Kiwan Real Estate Company, OSOS United Real Estate Group Company, Tagzia Group Company, Kayan Real Estate Development Company, He is a Board member at: Umm Al Qaiwain General Investments Company, United Company for Investment & Real Estate Development (Almuttahed), He is Partner-Manager at Al Nugoua for General Trading Company, Partner at National Investments Company Holding, and General Manager at National Investment Company Lebanon Holding.
Mr. Fahad Al Mukhaizim previously was a Vice Chairman at Al Safat Investment company, Board Member of Wethaq Takaful Insurance Company, First Investment Company and Al-Safwa Group Holding Company, Danah Al-Safat Food stuff Company. And worked as a Local Investment Officer at Kuwait Foreign Trading Contracting & Investment Co. (KFTCIC), he also worked as a Senior Investment Analyst – Local & Arab Investments at WAFRA International Investment Company, and an Investment Supervisor at Axceuas Investment Company – OHIO.
Mr. Fahad Al Mukhaizim holds a Bachelor degree in Business Administration with a major in Finance and Banking from Kuwait University, and an MBA from Cleveland State University, Ohio, USA.

Executive Management
Fahad Abdulrahman Al Mukhaizim
Board Member & Chief Executive Officer
"Our Long term commitment toward clients and shareholders along with our solid performance year over year have confirmed our leadership in the investments field and that placed our organization among the top investment institutions."
READ MOREFahad Abdulrahman Al Mukhaizim Board Member & Chief Executive Officer Mr. Fahad Al Mukhaizim is Chief Executive Officer at National Investments Company since 2014. He has also been a board member since 2022. Mr. Al Mukhaizim has held many keyleadership positions within NIC from 2001 until today. He has 30 years of experience in Localand Arab Investments, Asset Management and Direct Investments. Mr. Al Mukhaizim is currently the Chairman at: Kuwait Clearing Company, Arkan Al-Kuwait Real Estate Company, Shorouq Pack Company for packaging Materials & Plastic cards, OSOS Holding Group Company, Kuwait Emirates Holding Company, A’amal Holding Compnay, Al-Waseet Financial Business Company, Kiwan Real Estate Company, OSOS United Real Estate Group Company, Tagzia Group Company, Kayan Real Estate Development Company. He is a Board member at: Umm Al Qaiwain General Investments Company, United Company for Investment & Real Estate Development (Almuttahed). He is Partner-Manager at Al Nugoua for General Trading Company, Partner at National Investments Company Holding, and General Manager at National Investment Company Lebanon Holding. Mr. Al Mukhaizim was previously a Vice Chairman at Al Safat Investment company, Board Member of Wethaq Takaful Insurance Company, First Investment Company and Al-Safwa Group Holding Company, Danah Al-Safat Food stuff Company. He previously held roles including Local Investment Officer at Kuwait Foreign Trading Contracting & Investment Co. (KFTCIC), Senior Investment Analyst for Local & Arab Investments at WAFRA International Investment Company, and Investment Supervisor at Axceuas Investment Company in Ohio. Mr. Al Mukhaizim holds a Bachelor’s degree in Business Administration with a major in Finance and Banking from Kuwait University, and an MBA from Cleveland State University, Ohio, USA.

Hamad Saud Al Humaidi
CEO Consultant
-Investments
"My experienced team of managers, come with a range of skills and have a proven track record across several regions. Together we ensure that our investors receive flexible & customized strategies. "
READ MOREHamad S. Al Humaidi CEO Consultant Mr. Hamad Soud Al Humaidi serves as Chief Executive Officer Consultant - Investments at National Investments Company (NIC), bringing over 25 years of experience in asset management, investment strategy, and financial product development. In his current role, he provides strategic guidance on the company’s proprietary portfolio and leads key initiatives aimed at enhancing investment performance and long-term shareholder value. Mr. Al Humaidi began his career at NIC in 1999 as a Financial Analyst in the Research and Studies Department, and has since held several leadership roles within the Asset Management Sector. From 2014 to 2024, he served as Executive Vice President of Asset Management, where he successfully led efforts to grow assets under management, oversaw local and GCC proprietary portfolios, and played a central role in the launch of NIC’s Market Making service. Earlier in his career, he served as Senior Manager of Asset Management, contributing to the development and expansion of the department’s product offerings. Throughout his tenure, he has been instrumental in launching and managing several of NIC’s flagship investment funds. Mr. Al Humaidi has also served on the boards of First Investment Company, Boubyan International Holding Company, and Gulf Investment House. He holds a Bachelor’s degree in Business Administration with a concentration in Finance from Seattle University in Washington, USA.

AlMuthana M. Al Maktoum
Managing Director
Wealth Management Sector
"Our versatile team offers unique high-end services to our clients, catering to their needs and providing them with suitable financial products and solutions. "
READ MOREAlMuthana M. Al Maktoum Managing Director Mr. AlMuthana Al Maktoum serves as Managing Director of the Wealth Management Sector at National Investments Company (NIC), bringing over 21 years of experience in investment and asset management. He began his career at NIC as Head of the Asset Management Department at MENASS, developing expertise in portfolio management and investment strategy across local and regional markets. Throughout his career, Mr. Al Maktoum has served on the boards of several financial and investment companies, including Board Member and CEO of Kuwait Foundry Company since 2019, Vice Chairman of Egyptian Kuwait Foundry S.A.E since 2019, and Board Member of Kuwait Central Securities Depository since 2023. He is also a Board Member of MENA Capital Holding Co., Shorouq Pack Co., and Al Waseet Financial Business Co. His previous board roles include Saudi Holding Projects Group, AlRazzi Holding Company, OSOS Holding Group, First Real Estate Co., and Aamal Holding Company. Mr. Al Maktoum holds a Bachelor of Business Administration in Finance from Kuwait University and an Executive Education Certificate from Harvard University.

Shahnaz Bachai
Managing Director
Operations & Settlements Sector
"Operations and Settlements team believes in their main role in business growth in addition to their essential role as being the safety valve for the company through professional perfection."
READ MOREShahnaz Bachai Managing Director Mrs. Shahnaz Bachai serves as Managing Director of the Operations & Settlements Sector at National Investments Company (NIC), bringing over 20 years of experience in investment operations, fund administration, and regulatory compliance. She began her career in operations at Global Investment House (now KAMCO Invest), where she managed a variety of local, GCC, and private equity funds across middle and back-office functions. Throughout her career, she has overseen operations for thousands of local, GCC, international, online, discretionary, non-discretionary, and custody client portfolios, as well as investment funds, treasury, and market-making activities — with a cumulative value exceeding KWD 1 billion. Mrs. Bachai has led major departmental transformations, implementing high-level processes, policies, and procedures. She has also played a key role in system upgrades and personnel training and development. Her work is underpinned by deep knowledge of Capital Markets Authority regulations within her scope of responsibilities. She holds a Bachelor of Business Administration in Finance and Financial Institutions from Kuwait University with honors, and is certified by the Securities & Investment Institute (UK) with an Investment Administration Qualification (IAQ).

Bashar Khan
Managing Director
Investment Banking Sector
"Our market-leading Investment Banking team focuses on providing clients with unique and customized solutions to support long term value creation."
READ MOREMr. Bashar Khan Managing Director Mr. Bashar Khan serves as Managing Director of Investment Banking at National Investments Company (NIC), bringing over 15 years of experience in investment banking, mergers and acquisitions, capital raising, and financial advisory.. Prior to joining NIC, Mr. Khan held positions at National Petroleum Services Company (NAPESCO), Kuwait Financial Centre (Markaz), and KPMG in Chicago. Throughout his career, he has successfully led numerous transactions involving mergers and acquisitions, corporate restructuring, capital raising, feasibility studies, valuations, and strategic advisory for clients. He has also managed an oil and gas private equity fund. Mr. Khan holds a dual Bachelor of Science degree in Accounting and Finance from the University of Illinois at Urbana-Champaign. He is a CFA Charterholder and a Certified Public Accountant (CPA).

Sulaiman A. AlDerbas
Managing Director
Strategy Sector
"Commitment to value creation to all stakeholders and business excellence "
READ MORESulaiman A. AlDerbas Managing Director Mr. Sulaiman Al Derbas serves as Managing Director of the Strategy Sector at National Investments Company, bringing over 16 years of experience in investment management, strategic asset allocation, and planning. He began his career as a Junior Analyst at Wafra Inc. in New York City, followed by seven years at the Kuwait Fund for Arab Economic Development (KFAED), where he served as Chief Investment Analyst within the hedge funds team. He later spent eight years at the Public Institution for Social Security (PIFSS), where he led the Alternative Investments department, overseeing investments in absolute return and return-enhancing strategies, as well as managing strategic partnerships. Throughout his career, Mr. Al Derbas has held several leadership positions, including Chairman of Al-Rawdatain Water Bottling Company, Vice Chairman of Qaroh PET Products Company, and Vice Chairman of Wafra Real Estate Company. He has also represented PIFSS in multiple Limited Partner Advisory Committees (LPACs), fund directorships, and served as a strategic committee member of Capital Constellation. Mr. Alderbas earned a BS with honors in Accounting and Management, minor in finance, from Purdue University Mr. Al Derbas holds a Bachelor of Science degree with honors in Accounting and Management, with a minor in Finance, from Purdue University.

Faleh Sultan
Managing Director
Information Technology Sector
"Believing in the transformative power of technology to drive business success and improve lives, with emphasis on aligning IT strategies with business goals to foster innovation and operational excellence."
READ MOREFaleh Sultan Managing Director Mr. Faleh Sultan serves as Managing Director of Information Technology at National Investments Company (NIC), bringing over 23 years of experience in digital transformation, strategic IT leadership, and enterprise technology management. Before joining NIC, Mr. Sultan held several senior leadership roles across Kuwait’s financial and investment sectors. He previously served as Chief Information Technology Officer at Kuwait Credit Information Network Company (CINET), and spent nearly two decades at Al Ahli Bank of Kuwait and Burgan Bank, where he led the transformation of customer-facing technologies and digital channels into agile, scalable platforms. His career began in system administration and project management, providing a strong foundation in IT architecture and infrastructure. Mr. Sultan is recognized for his ability to lead enterprise-wide transformation initiatives with strategic foresight, operational discipline, and a people-centric leadership style. He is known for fostering high-performing teams, driving innovation, and aligning technology with business growth. He holds an engineering degree from Carleton University in Canada.

Amro Sarhan
Executive Director
Fund & Portfolio Management Department
"Effective asset management is not just about growing wealth; it's about strategic foresight, disciplined execution, and creating lasting value for our clients."
READ MOREAmro Sarhan Executive Director Mr. Amro Sarhan serves as Managing Director of the Asset Management Sector at National Investments Company (NIC), with over 15 years of experience in asset management, investment strategy, and market research across GCC markets. He has held progressive leadership roles at NIC, including Executive Director of the Portfolios and Funds Department and Senior Director of the Investment Portfolios Department. In these roles, he led the formulation of asset management strategies, oversaw fund performance, and guided initiatives to enhance portfolio growth and diversification. Prior to joining NIC, Mr. Sarhan served as a Financial Analyst in advisory services at KPMG Kuwait, where he contributed to M&A advisory and project due diligence across various sectors. He began his career as an external auditor at RSM Albazie & Co., building a strong foundation in financial analysis and reporting. Mr. Sarhan holds a Master’s degree in Finance from Saint Mary’s University in Canada, and a Bachelor’s degree in Finance with a minor in Economics from the American University of Kuwait. He is also a CFA Charterholder.
