Gulf Business

Khalid Al Rumaihi

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CEO, Mumtalakat

Among the most influentia­l figures steering the kingdom’s economy, apart from being the CEO of the country’s sovereign wealth fund, Mumtalakat, Al Rumaihi is also on the boards of its most prominent financial institutio­ns, including the Bahrain Developmen­t Bank and the Bahrain Real Estate Investment Company, besides being the former managing director at Investcorp. As the kingdom targets a 5 per cent increase in its non-oil economic sector this year, Al Rumaihi will likely make a concerted effort to diversify and expand the wealth fund’s global portfolio, which manages assets of approximat­ely $18.9bn in 13 countries.

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Origin: Bahrain Residence: Bahrain Sector: Finance 2021 rank: 44
48 Origin: Bahrain Residence: Bahrain Sector: Finance 2021 rank: 44

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