|Jawdat Al Halabi has been elected as one of the ten most influential asset management executives in the inaugural list of "The 2010 MENA Fund Manager Power Forty", published by MENA FM.
In placing our CEO in the top grouping, the magazine said, "We wanted to recognize those professionals who have made the biggest impact on the development of the regional market. Indeed, as the region begins to recover from the economic crisis, this list represents the leadership of the industry into the future – individuals who will col-lectively shape the evolution of this growing market.”
The names were chosen with the help of a pan¬el of fund managers and service providers from within the industry. Although the list is not ranked in order of influence, the magazine developed a top 10 category of individuals who hold particularly significant po¬sitions.
MENA FM, in speaking about Jawdat and our WAM business, wrote that, “Although Al-Halabi’s remit at the firm now covers all of the bank’s activities; he will continue to exert influence on the growth and direction of the asset management business, which has developed a strong reputation, particularly in the retail space.”
They concluded, “The firm has built a distribution network with almost unparalleled access to high net worth individuals in the Kingdom. Earlier this year, the firm’s AlAhli Saudi Trading Equity Fund won a prestigious Lipper award for ‘delivering stronger and more consistent performance than its peers’ and most recently the firm been named ‘Islamic Asset Management Institution of the Year for 2010’ at the Sixth Annual World Islamic Funds & Capital Markets Conference in Bahrain.”
Furthermore, the MENA Fund Manager magazine ran a cover page feature and a CEO profile on Jawdat in its May edition.