Clear Lines of Accountability
Organizational Structure
A clearly defined structure that reflects functional discipline, agile decision‑making, and alignment with shareholder interests. Reporting lines, committees, and oversight are clearly defined.
A clear hierarchical structure with Board-level independence and CEO-led operational management.
Comprising investment analysts, finance professionals, legal counsel, and operations staff across Kuwait and regional offices.
Four independent board committees providing oversight across financial, operational, and compliance dimensions.
Al Amal Investment operates under a clear governance hierarchy, with the Board of Directors at the apex, followed by the CEO and Executive Committee. Functional divisions report directly to the CEO, with independent oversight from the Internal Audit Division, Shari'a Supervisory Board, and Board-level governance committees. This structure aligns with CMA Corporate Governance Regulations and international best practices for investment companies.
Governance Context
The organizational structure of Al Amal Investment Company K.S.C. defines authority levels, reporting relationships, and functional responsibilities across the organization. This register documents the formal governance hierarchy as established and maintained under applicable regulatory requirements in the State of Kuwait.
The structure operates within the governance framework established by the Board of Directors and supports the execution of the Company's strategy through clearly defined reporting lines and operational controls. All reporting relationships are subject to review by the relevant Board committees and regulatory authorities.
Authority Levels
L1 — L4
Reporting Lines
Vertically Structured
Regulatory Framework
CMA Kuwait
Authority & Reporting Register
Primary governance disclosure — authority levels, reporting lines, and oversight assignments
| Level Code | Authority Level | Role / Unit | Reports To | Oversight |
|---|---|---|---|---|
| L1 | Governance | Board of Directors | Shareholders — General Assembly | Regulatory Authorities / CMA Kuwait |
| L1 | Governance | Audit Committee | Board of Directors | External Auditors / Regulatory Authorities |
| L1 | Governance | Governance & Compliance Committee | Board of Directors | Board of Directors |
| L2 | Executive | Chief Executive Officer | Board of Directors | Board Committees |
| L3 | Executive | Chief Investment Officer | Chief Executive Officer | Investment Committee |
| L3 | Executive | Chief Financial Officer | Chief Executive Officer | Audit Committee |
| L3 | Executive | Head of Operations | Chief Executive Officer | Internal Controls Unit |
| L4 | Functional | Portfolio Management | Chief Investment Officer | Internal Controls Unit |
| L4 | Functional | Investment Research | Chief Investment Officer | Investment Committee |
| L4 | Functional | Financial Reporting | Chief Financial Officer | Audit Committee |
| L4 | Functional | Treasury | Chief Financial Officer | Audit Committee |
| L4 | Functional | Operations Unit | Head of Operations | Internal Controls Unit |
Level codes L1–L4 denote governance tier from Board (L1) to Functional units (L4). All reporting relationships are formally documented in the Company's governance charter.
Executive Reporting Structure
Executive-level roles, direct reporting lines, and assigned functional responsibilities
| Role | Reporting Line | Functional Responsibility |
|---|---|---|
| Chief Executive Officer | Board of Directors | Overall executive leadership, strategic direction, and corporate governance compliance |
| Chief Investment Officer | Chief Executive Officer | Investment strategy, portfolio oversight, asset allocation, and investment committee coordination |
| Chief Financial Officer | Chief Executive Officer | Financial management, statutory reporting, treasury operations, and audit liaison |
| Head of Operations | Chief Executive Officer | Operational execution, internal systems management, and administrative control |
| Head of Compliance | Chief Executive Officer | Regulatory compliance, internal controls, and governance committee secretariat |
Functional Divisions
الأقسام الوظيفية
Each division operates under a dedicated executive head, reporting directly to the CEO.
Investment Management
إدارة الاستثمارات
- Public equities — GCC and international
- Fixed income and sukuk portfolios
- Multi-asset allocation strategies
- Portfolio risk analytics and reporting
Private Equity & VC
الأسهم الخاصة والمشاريع
- Direct investments and co-investment
- Venture capital fund management
- Portfolio company monitoring
- Exit and liquidity strategies
Real Estate
العقارات
- Real estate development projects
- Income-generating property assets
- GCC and international markets
- Asset valuation and disposal
Shari'a & Governance
الشريعة والحوكمة
- Shari'a compliance review and fatwa
- CMA and CBK regulatory liaison
- Corporate governance implementation
- Annual Shari'a audit reporting
Risk & Compliance
المخاطر والامتثال
- Enterprise risk management framework
- Anti-money laundering (AML) controls
- Regulatory reporting — CMA/CBK
- Internal compliance monitoring
Operations & Finance
العمليات والمالية
- Treasury and liquidity management
- Financial reporting and IFRS compliance
- Technology and system infrastructure
- Human resources and administration
Functional Organization
Functional segmentation and responsibility scope by division
Investment Function
- Portfolio management and monitoring
- Asset allocation and rebalancing
- Investment research and due diligence
- Market analysis and reporting
- Investment committee support and documentation
Finance Function
- Financial reporting and statutory disclosure
- Treasury operations and cash management
- Accounting and ledger management
- Budget preparation and financial control
- External audit coordination
Operations Function
- Internal systems administration
- Transaction settlement and processing
- Records management and documentation
- Vendor and counterparty management
- Administrative and facilities oversight
Compliance Function
- Regulatory compliance monitoring
- Internal control framework implementation
- Risk and compliance reporting
- Policy maintenance and governance documentation
- Liaison with regulatory authorities
Organizational Structure
Organization chart describes: General Assembly at top level governs the Board of Directors (9 members). The Board oversees the Chairman, who leads the CEO. The CEO manages the Executive Committee comprising: Chief Investment Officer (Investment Management), Head of Private Equity (PE & VC), Head of Real Estate, Head of Shari'a (Shari'a & Governance), Chief Risk Officer (Risk & Compliance), and CFO/COO (Operations & Finance). Each division oversees regional offices in Kuwait, Saudi Arabia, UAE, and Qatar.
Governance & Committee Structure
هيكل الحوكمة واللجان
Four independent board committees provide multi-dimensional oversight aligned with CMA Corporate Governance Regulations and international standards.
Audit Committee
لجنة المراجعة
- Financial statement integrity and IFRS compliance
- Internal audit function oversight
- External auditor appointment and fees
- Fraud risk management review
Risk Committee
لجنة المخاطر
- Enterprise risk framework approval
- Investment risk limits and thresholds
- Operational and technology risk oversight
- AML/CFT policy review and approval
Shari'a Supervisory Board
هيئة الرقابة الشرعية
- Shari'a compliance review of all products
- Fatwa issuance for new structures
- Annual Shari'a audit and report
- CMA Shari'a framework compliance
Governance & Nomination Committee
لجنة الحوكمة والترشيحات
- Board composition and renewal
- Director nominations and independence review
- Corporate governance policy oversight
- Executive remuneration framework
Investor & Governance Enquiries
For further information regarding the organizational structure, reporting relationships, or governance documentation, please contact Al Amal Investment Company.
Regulatory Oversight & Governance Links
الرقابة التنظيمية وروابط الحوكمة
Important Regulatory Notice: Al Amal Investment Company KSCC is a Kuwaiti public shareholding company licensed and regulated by Kuwait Chamber Of Commerce & Industry. Investment activities are subject to applicable Kuwaiti law, CMA regulations, and where applicable, the regulations of the Central Bank of Kuwait. This organizational chart is provided for informational purposes and reflects the governance structure as approved by the Board of Directors.
Governance Linkage
The organizational structure operates under the oversight of the Board of Directors and its committees, ensuring accountability, reporting discipline, and alignment with governance standards applicable under Kuwait commercial law and Capital Markets Authority regulations. All structural changes are subject to formal Board approval and regulatory disclosure where required.
Chairman's Message
Reflecting on resilience, strategic milestones, and our commitment to shareholders, clients, and the region.
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Al Amal is committed to the highest standards of ethical conduct, transparency, and accountability.
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مزيد من المعلومات
Questions About Our Organizational Structure?
للاستفسار عن هيكلنا التنظيمي؟
Direct inquiries to the Corporate Secretary or Investor Relations team. We respond to all governance and regulatory inquiries within two business days.