Business | Tourism
IFA board elects new chairman
The board of directors of Kuwait-based International Financial Advisors (IFA) has elected Talal Jassim Al Bahar as chairman and chief executive officer of its new governing body.
- Staff Report
- Published: 01:18 September 30, 2008
Dubai: The board of directors of Kuwait-based International Financial Advisors (IFA) has elected Talal Jassim Al Bahar as chairman and chief executive officer of its new governing body.
Saleh Saleh Al Selmi will be its vice-chairman and Ebrahim Saleh Al Therban, Abdulwahab Ahmad Al Nakib and Wafa Ahmad Al Qatami will be members of the board. Al Bahar succeeds his father, the late Jassim Al Bahar, as the company's chairman.
"It's not an easy feat to sit in the place of a man who was one of the most prominent members of the Kuwaiti economy, with a broad history of groundbreaking achievements," Al Bahar said in a statement. "Jassim Al Bahar succeeded in establishing one of the most distinct investments groups in Kuwait, playing an active role on both the domestic and international front," he said.
IFA Hotels & Resorts is one of the group's key subsidiaries and is behind some large projects on Palm Jumeirah. "We aim to continue growing the company further by creating promising investment opportunities and increasing shareholder returns," said Al Therban, the newly-appointed chairman of IFA Hotels & Resorts.
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