Kuwait state fund to name China office head for top job

Kuwait state fund to name China office head for top job

Photo by pakorn. Image ID: 100221512, Freedigitialphotos.net

Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world’s fifth-largest sovereign wealth fund for 14 years, a person familiar with the matter said.

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