Rakan Al Ahmad, Vice President

Rakan Al Ahmad

Vice President

Arab Investment Company

Location
Kuwait - Al Kuwait
Education
Diploma, Business Management
Experience
18 years, 4 Months

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Work Experience

Total years of experience :18 years, 4 Months

Vice President at Arab Investment Company
  • Kuwait - Al Kuwait
  • My current job since April 2019

Al Ahmad has over 14 years of post-graduate experience in the investment and financial brokerage industries, with proven experience in capital markets, business transformation and development, online financial brokerage, portfolio management, project management, corporate communications, and financial marketing.

Prior to joining Arab Investment Company, Al Ahmad served as Vice President at Coast Investment and Development Company where he established and directed the Financial Brokerage Group. At Coast, he was responsible for instigating and achieving institute-wide projects. He instituted a state-of-the-art online trading system capable of trading in over 40 global financial markets. He also served as Projects Manager - Financial Brokerage Division at Kuwait and Middle East Investment Company. At KMEFIC, he played a leading role in the company's business transformation project. Representing KMEFIC, he was instrumental in assisting Boursa Kuwait in the implementation of the post-trade model project.

He has a degree in Business Management and carries the designation of Chartered Financial Marketer and is a Fellow of Global Academy of Finance and Management and American Academy of Financial Management.

Vice President - Brokerage Group at Coast Investment and Development Company
  • Kuwait - Al Kuwait
  • January 2017 to April 2019

- Established and heading Brokerage Group
- Established and heading Coast Brokerage
- Overseeing and managing Asset Management trading and operations
- Overseeing Operations Department for Coast Brokerage clients global settlements
- Established and heading eTrade Department
- The design and implementation of (Coast eTrade) back-end/front-end online equities trading system
- native apps, mobile responsive, web service and desk top
- Developed and executed global markets trades commissions structure
- Over-hauled and upgraded Coast Investment's internal and external communication systems
- Instituted Thompson Reuters - Eikon reporting platform for Coast Investment
- Established and heading Coast Brokerage Dealing Room - Clients' Brokerage Hotline
- Created global markets reports and commentaries
- Established and heading Sales and Marketing Department
- Designing and executing quarterly and annual sales and marketing plans and strategies
- Created and implemented annual budgets for all departments under management
- Fully re-branded Coast Investment identity - new corporate guidelines
- Created brand identity for Coast Brokerage
- Established and heading Client Relations Department
- Developed complete client online trading account registration package
- Developed the "Client Convenience Project" to enhance client experience at Coast Investment
- Instituted KPI to monitor and measure success of target sales objectives
- Assisted in designing unique financial products (funds/portfolios)
- Member of Executive Management Committee

Core Competencies:

Capital Markets | Global Equities | Asset &
Portfolio Management | ETFs | CFDs |
Investment Funds | Projects Management |
Financial Marketing | Business Planning

Projects Manager at KMEFIC
  • Kuwait - Al Kuwait
  • January 2006 to December 2016

- Responsible for significant, institute-wide projects.
- Lead KMEFIC's Business Transformation Project
- Headed Al Awsat online trading system transformation ( alawsat.com)
- Developed new Al Awsat trading website ( alawsat.com)
- Developed new Al Awsat native trading app ( alawsat.com)
- Focused on meeting projects commitments, including communications with local and international
brokers/vendors.
- Leading the designing, planning, testing, implementation and closure of complex projects for online
trading systems that typically affect front/back end users.
- Acquiring resources and coordinating the efforts of team members and third-party
contractors/consultants.

Education

Diploma, Business Management
  • at Australian College of Kuwait
  • June 2006

Specialties & Skills

Strategic Projects
Investment Projects
Investment Banking
Financials
Online Trading
Business Development
Time Management
Online Trading
Projects Management
MS Office
Team Management

Languages

English
Expert
Arabic
Native Speaker

Memberships

American Academy of Financial Management (AAFM)
  • Chartered Financial Marketer (CFM)
  • September 2006

Training and Certifications

Anti Money Laundering - Certificate of Attendance (Certificate)
Date Attended:
May 2016
Valid Until:
May 2017
Anti Money Laundering - Certificate of Achievement (Certificate)
Date Attended:
May 2015
Valid Until:
May 2016
Anti Money Laundering - Certificate of Appriciation (Certificate)
Date Attended:
April 2014
Valid Until:
April 2015
Customer Service (Training)
Training Institute:
Al Ebda'a Center
Date Attended:
November 2013
Duration:
20 hours
Chartered Financial Marketer (Training)
Training Institute:
American Academy of Financial Management
Date Attended:
September 2006
Duration:
20 hours
Asset Management and Hedge Funds (Training)
Training Institute:
Innovative Leaders
Date Attended:
June 2014
Duration:
15 hours

Hobbies

  • Diving