Arab Times

KIPCO’s CFO recognized by IBPC in Kuwait

Maitra honored for contributi­ons to boosting Kuwait-Indian business ties

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KUWAIT CITY, May 23: The Indian Business and Profession­al Council (IBPC) in Kuwait has recognized Pinak Maitra, Group Chief Financial Officer at KIPCO — Kuwait Projects Company (Holding), for his career success and contributi­ons to strengthen­ing Kuwaiti-Indian business ties.

Maitra was among a number of prominent Kuwaiti and Indian personalit­ies who were recognized for their achievemen­ts. The event was held at the Crowne Plaza Hotel.

Commenting on the award, Maitra said: “I am humbled to be receiving this award. I have long believed that belonging to a community means giving back to it, and the IBPC’s efforts to foster relations between the Kuwaiti and Indian business communitie­s is an embodiment of this. I am honored to be among such distinguis­hed personalit­ies who not only have worked to strengthen our business ties, but have also made considerab­le social contributi­ons to our community in Kuwait.”

Maitra joined KIPCO in 1988. He was appointed Financial Controller in 1991 and Group CFO in 1996, and has since been leading the Group planning and performanc­e analysis function. He is a Board Member of Burgan Bank, OSN and PKC Advisory. He won the MENA Private Sector CFO of the Year award in 2008. In 2011, he won the first MENA region CFO of the Year award, organized by the Institute of Chartered Accountant­s of England and Wales. In 2016, he was named among the ‘Top Indian Business Leaders in the Arab World (Executives)’ by Forbes Middle East.

The IBPC is a non-profit, noncommerc­ial platform that cultivates networks between Kuwait and India across various sectors. Its seeks to strengthen commercial, business, cultural and friendly relations between the two countries by holding seminars and inviting business delegation­s from India.

 ??  ?? Pinak Maitra (right), receiving recognitio­n from Gurvinder S. Lamba
of the IBPC.
Pinak Maitra (right), receiving recognitio­n from Gurvinder S. Lamba of the IBPC.

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