Bayan Investment Company (K.S.C) Public. Corporate Profile

Transcription

1 Bayan Investment Company (K.S.C) Public Corporate Profile

2 ABOUT THE COMPANY Your gateway to the world of finance and investment Bayan Investment Company is a Kuwaiti shareholding company - public, established in 1997 according to the articles of incorporation issued by the Real Estate Registration & Authentication Department of Ministry of Justice State of Kuwait and the Commercial License issued by the Ministry of Commerce & Industry and the Capital Markets Authority State of Kuwait, aiming at carrying out all portfolio management operations for its own benefit and the benefit of third party, in addition to the management of investment Funds of various types. From the onset, Bayan took off in accordance with a long term strategic plan which aims at developing and increasing its capabilities, resources as well as shareholders and clients equities, in addition to diversifying sources of income and activities and the quality of services and products offered. Despite all the challenges faced throughout the period of Bayan's establishment, the results are encouraging. Bayan's star shines high in the skies of the investment sector. And in crowning the efforts exerted by the company's management and staff, and with the support of its shareholders and clients, Bayan was enlisted into the Boursa Kuwait in 2003, and with that, it gave the opportunity to all to participate and benefit from its inexhaustible gifts. Bayan's management is supervised by a board of directors consisting of Kuwaiti businessmen assisted by a group of professional and competent managers and staff that have excellent practical knowledge of assets and portfolio management, financial studies and analysis, futuristic options and transactions. Bayan Investment Company is continuously seeking to attract excellent local and Arabian capabilities from those with numerous achievements in the world of money and investment. Corporate Profile

3 BOARD OF DIRECTORS Faisal Ali Al-Mutawa Chairman Mohamad Hamad Al-Mutawa Vice Chairman & CEO Fawzi Dauod Al-Mutawa Board Member Ali Faisal Al-Mutawa Board Member Mohammad Hamed Mubarak Al-Ali Independent Board Member Corporate Profile

4 EXECUTIVE MANAGEMENT & MANAGEMENT TEAM - Mohammad Hamad Al-Mutawa Vice Chairman & CEO - Wajih N. Noujaim Chief Financial Officer - Abdulaziz F. Al-Jallal Unit Head, Clients Portfolios - Mohamed H. Mahmoud Manager-Legal Department / Legal Consultant Treasurer Head of Clients Complaints Unit - Ibtissam M. Mekkaoui Senior Manager-Marketing & PR Department Manager, Research & Studies Department Head of Investors Relations Unit - Emil F. Mina Compliance Officer - Lama D. Abu-Hilal Unit Head, Internal Audit - Abdulkarim F. Al-Tememy Manager-IT Department - Michleen N. Nahas Manager-HR & Administration Department Corporate Profile

5 PERFORMANCE During the past years, the company has expanded its investment goals and modernized its strategic plans in order to obtain the best investment opportunities with better returns and also to achieve the following strategic goals: Contributing in economic development of the country through better performance in the field of investment. Developing its financial resources, whether from the company's shareholders or clients, through good investments. Achieving acceptable average rate of return for each of the company's shareholders and clients. Contributing in increasing the role of private investment companies in developing and modernizing financial instruments for the local market. LOCAL & GCC INVESTMENTS The Local & GCC Investment Department provides a collection of various services and products headed by management of the local company's portfolios and clients' portfolios, in addition to the investment funds management, which enabled the company to develop and expand the quality of investment services it provides to its clients, and as follows: Asset Management The company follows a conservative investment strategy in general that keeps away from speculations and manages risks in a studied and cautious manner. The Local & GCC Investment Department, in cooperation with the Studies & Research Department, continuously analyze the Boursa Kuwait performance to monitor the latest developments of the trading activity, by depending on the fundamental and technical analysis of the listed companies. Third Party Asset Management Local & GCC Investments Department at Bayan Investment offers a bouquet of investment portfolios to individual and institutional investors. The portfolios are flexible in type and style, whether traditional or Islamic Shari a compliant, and customized according to investor s needs. Clients portfolios are divided into the following types: Full Discretionary Portfolios Non-Discretionary Portfolios Custody portfolios The Asset Management group follows an integrated strategy to penetrate into different attractive investment channels of added value, to realize high gains to the clientele with acceptable risks, and in accordance with the clientele s desired Rate of Return, by a qualitative diversification for a higher balance of investment in different sectors. In addition, the group offers supporting advisory services and economic studies, to provide the clientele with an inclusive investment vision on their portfolios performance versus local and other markets performance, upon their request. Corporate Profile

6 RESEARCH & STUDIES Bayan Investment Company offers, through its Research and Studies Department, a diverse and comprehensive blend of consultancy services directed to the business community within and outside the State of Kuwait. The Department issues a collection of studies and researches considered one of the main sources that provide the company with an inclusive vision detailing the economic facts that affect the different investment decision making, with a presentation to the most important updates in the economic arena. The Department focuses on two main fields: Internal Studies & Reports The Research & Studies Department produces a group of reports which are designed for internal use only, such as financial analysis reports for listed companies in Boursa Kuwait and some GCC stock exchanges, fair value estimation for various listed companies, some GCC stock markets performance report, and many more and as needed. Media Studies & Reports The Research & Studies Department was able to display Bayan Investment Company s name among the leading investment companies in the local and regional markets in terms of preparing and providing the market, the private sector, the media and the press, with most recent studies and data. The Research & Studies Department covers the performance of Boursa Kuwait on a daily, weekly, monthly and annual basis. It also provides a daily summary on the GCC stock markets performance, in addition to issuing a report on the Boursa Kuwait Listed Companies Periodic Results on a weekly basis, which includes the most recent and updated financial data and the important key performance indicators for the disclosed companies. As a result of the reports accuracy, generated by Bayan Investment, that covers the stock market and all aspects of the private sector; local and international specialized media agencies increased demand on publishing Bayan s reports through their different channels (newspapers or websites), and became an essential need to many analysts and investors. Bayan Investment also offers its investors many detailed reports for free, whether pubhlished or not, through the electronic mail service. MARKETING & PR The Marketing & PR Department was able to achieve impressive accomplishments, which positively reflected on the performance of the other departments of the Company. This was diligently arranged through active marketing of the different products and services of the Company, as well as highlighting Bayan s brand and defining its identity that has come to rank at the forefront of the investment industry in the country. The Department also successfully improved the overall impression, both in the financial sector and among the investors community, by cooping with the press and media and by utilizing the social media and the company's electronic website and take the maximum benefit from the advanced technological environment that the comany enjoys. The Marketing & PR Department performs a major supportive role complementing the activities of the remaining departments of the Company. This is accomplished through interactively carrying out and supervising all the functions of marketing and PR in close coordination with the respective departments. The Department also Corporate Profile

7 seeks to attract new clients and capitals for the Company s portfolios and products, as well as to, launch and successfully market value- added new products and services. The Department supervises several activities in different areas. The usual duties performed by the Department include the production of publications and bulletins; preparation of all types of advertisements and marketing campaigns, participation into exhibitions and conferences, arrangements for the corporate's events; coordination for publishing Bayan s reports and researches in dailies and magazines; management of the brand name of the Company and the activities associated therewith; enhancement of internal communications among all departments and employees of the Company, using different means and activities designed for furthering interactive communication; active participation in strengthening relations with Bayan s clients; build-up a data and information base that supports the decision-making process with regard to studies and proposals to introduce new products and services. INFORMATION TECHNOLOGY The Information Technology Department provides the Company and its subsidiaries with the technological strategic planning and technical support for all its activities to achieve their goals. The Department is composed of specialized team including engineers and technological experts who focus on providing a leading technological services to support the business activities in a complete private environment and absolute security. A summary of the main functions of the IT Department is as follows: A robust and stable network environment. Advanced and cost-effective solutions. Interactive channels including the company website, the intranet share point services and support services. Protecting the corporate's interests and its technological investment through effective technical policies. Work flow guaranty and appropriate planning for data recovery upon crisis incurrence. Support and encourage the effective usage of technological applications by the corporate staff. Provide support and operations to the company s employees. Timely and quality hardware, software, operations and customer service support. Innovative web research, design and support while maintaining the existing infrastructure, and recommending and implementing new technology to meet the needs for the future. LEGAL The Legal Department seeks to achieve the general objectives of Bayan Investment Group, whereas it focuses on all types of the clients' portfolios (Full Discretionary Portfolios, Non-Discretionary Portfolios, Custody portfolios), in order to maintain and maximize it, by applying all the internal and external investment regulatory laws, in addition to the executive by-laws and the monitory authorities decisions in general, plus the decisions of the Capital Markets Authority and Boursa Kuwait in particular. Thus the Department performs the followings: 1. Focuses on the legal position of the corporate clients, their rights and guaranties, and the ease of obtaining it from the corporate once requested, by applying Corporate Profile

8 appropriate legal conditions and executive procedures on the client's portfolios and the investment funds subscription. 2. Supervise all the Capital Markets Authority's issued laws in general, and what is related to the clients in particular, and using the same as a conditional contracting, with a proposal on how to execute it. 3. Propose solutions to the corporate clients when facing legal or administrative obstacles with other entities. 4. Provide all judicial solutions to the clients portfolios managers, and the investment funds managers, within the corporate. 5. An inclusive legal protection to all Bayan Investment Group, and the defense on all sort of corporate and clients' funds including the portfolios and investment funds, within inside and outside the State of Kuwait. 6. Facing any violation on Bayan Investment Company or any of its subsidiaries' rights, as well as any violation on the clients and shareholders. 7. Follow-up on all the cases filed against the corporate or that have to in the complicated cases, after exerting the necessary efforts to resolve friendly. Corporate Profile

9 SUBSIDIARIES DAR AL-DHABI HOLDING Dar Al-Dhabi Holding is a Kuwaiti shareholding company (Holding), was established by Bayan Investment in 2004 then renamed in 2007 to meet its new strategic objectives. Objectives: Develop plots within Najmat Abu-Dhabi project on Al-Reem Island in Abu-Dhabi in UAE. Invest in the United Arab Emirates through the establishment or acquisition of subsidiaries in Kuwait or UAE. ARKAN HOLDING Arkan Holding Company is a Kuwaiti shareholding company (closed) established by Bayan Investment Company in 2003 with the objective of investing in industrial activities in the Arab region. Objectives: Targeting certain industrial fields that contribute to transferring high technology to Arab countries. Investing in emerging industries with high growth rates. Satisfying the needs of new manufacturing enterprises in the Arab world. Presenting up-to-date technology that is not used before in the Arab industrial sector. Realizing high return on investment (ROI). AL-SAFWA INTERNATIONAL CONSULTANCY Al-Safwa International Consultancy Company is a limited liability company established by Bayan Investment in 2004 for the purpose of providing consultancy services for Bayan Investment Group and representing it before the supervisory and controlling authorities, in addition to the regular follow-up of concluded obligations, and providing optimal solutions to withstand disputes to preserve the rights and properties of Bayan Investment Group and avoid incurring any significant financial liabilities on part of the Company. Objectives: Provide economic advisory. Provide consultancy services in the fields of management, marketing, finance, communication and information technology. Corporate Profile

10 CONTACT US Bayan Investment Company K.S.C (Public) P.O. Box 104 Al-Dasmah, Kuwait Telephone: Fax: Website: Corporate Profile