VOL. XXXVII

NO.4

25-OCTOBER-1993

Financial and Banking News

Appointments

Yusuf al-'Awadi Appointed General Manager Of KIO

Mr. Yusuf al-'Awadi has been appointed General Manager of the London-basedKuwait Investment Office (KIO), effective from 25 October. In recent months, KIOhas effectively been managed by Mr. 'Ali Rashid al-Badr, the Managing Directorof the Kuwait Investment Authority (KIA), who has divided his time betweenLondon and Kuwait. Under the new arrangement, Mr. 'Awadi will manage KIO...