Riyadh-Amalak
Al Rajhi Financial, one of the largest asset management companies in the region, has been awarded the «Best Asset Management Company» in the Middle East by CPI Financial's Banker Middle East, the Middle East banking and financial news magazine, as part of its annual Banker Middle East Industry Awards 2013
More than 450 industry figures and 200 organizations from across the GCC attended this year's CPI Financial awards ceremony in Dubai to honor the achievements of the banking industry. A total of 49 awards were announced across a variety of different financial services including private banking, asset management, corporate, retail, investment and fund management.
This achievement places Al Rajhi Financial as the most prominent asset management company in the region. Al Rajhi Financial has pioneered several innovative investment solutions, launching the first real estate income fund that raised nearly SAR 1 billion, the first Saudi equity fund through Credit Suisse's Luxembourg-based investment platform, capital protection funds linked to regional equity markets, as well as Shariah Murabaha funds.
For his part, Gaurav Shah, CEO of Al Rajhi Financial, expressed his happiness on this occasion which reflects the strong performance of the entire team at the company and added: «We are primarily focused on delivering outstanding investment performance and customer service and remain committed to providing investment solutions tailored to meet the needs of our clients today as well as their future developments.»
Al Rajhi Financial's CEO, Gaurav Shah, expressed his pleasure on this occasion which reflects the strong performance of the entire team at the company.
