Bahrain Mumtalakat Holding Company, the country's sovereign wealth fund, yesterday announced three significant senior management appointments to its management team.
Joining Mumtalakat as Chief Operating Officer is John Knight, whose role is to bring organisational best practices to Mumtalakat. With more than 25 years experience in corporate law, business management, and risk management responsibilities, Knight will be responsible for overseeing Mumtalakat's corporate functions. Knight will look after finance, risk management, technology, operations, legal affairs and human resources.
Serge Lepine has been appointed as Mumtalakat's Chief Investment Officer and will be responsible for the strategic asset allocation of Mumtalakat's funds as well as the management and long-term development of Mumtalakat's investment portfolio.
Responsible for Mumtalakat's strategic business development agenda, Damien Balmet joins the investment company as its Vice-President Corporate Development.
Balmet will advise Mumtalakat's CEO on its strategic plan and recommend business development proposals.
He will also bring significant international consulting experience to Mumtalakat having advised several global companies on their corporate strategies in Europe and the Middle East.
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