Warba Bank hires MJ Hudson to build out investment strategy
Kuwait-based bank Warba Bank (Warba) has appointed investment consultant MJ Hudson Allenbridge to advise on the building out of its investment strategy and portfolio, including manager selection and integrated legal and investment due diligence.
MJ Hudson Allenbridge will be working in close partnership with Warba to develop its longer-term strategy and leading Sharia-compliant infrastructure across multiple asset classes, globally, including alternative investments. MJ Hudson Allenbridge advises a variety of institutional investors on strategy and investments across asset classes, and has extensive experience working with clients on complex and alternative investments.
Thuwaini Al Thuwaini, acting Chief Investment Banking Officer at Warba Bank, says: “With our stated goal of sustainably improving the bank’s annual returns and improving the quality of its investment, coupled with our aspirations for excellence in the management of the bank’s proprietary investments, we chose MJ Hudson Allenbridge as our partner because of its strong reputation advising major institutional investors and its broader one-stop shop offering, including not only strategic and investment advice, but also legal and structuring services. We are looking forward to the partnership.”
Odi Lahav (pictured), CEO of MJ Hudson Allenbridge, says: “We are excited to have been selected to advise Warba in its investment strategy and to be part of its impressive growth story. We believe that Warba is well positioned to create a world class multi-asset investment platform, and we look forward to working with Thuwaini and his team.”