![Asaad Al-Banwan](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Asaad Al-Banwan
Chief Executive Officer at
COAST INVESTMENT & DEVELOPMENT COMPANY K.S.C.P.
Profile
Asaad Ahmed Omran Al-Banwan is currently Chief Executive Officer & Vice Chairman at Coast Investment & Development Co. KSCC since 2019.
He is Non-Executive Chairman at Gulf Cables & Electrical Industries Group Co. KSCP since 2018.
He serves as Chairman of the Board at Seera Investment Bank BSC (Private Equity), Chairman at Kazma Sporting Club, Vice Chairman at Business Owners Union and Al Mutahed, Chairman at Jordan Mobile Telephone Services Ltd., and Director at Zain International BV, Zain Iraq, and Zain Lebanon.
Formerly, he was Vice Chairman & Chief Executive Officer at National Investments Co. KSC from 1996 to 2012, Non-Executive Chairman at Mobile Telecommunications Co. KSCP from 2011 to 2017, and Deputy General Manager at Wafra International Investment Co. from 1996 to 1999.
Other past roles include Chairman of the Board at Seera Investment Bank Bsc (Securities), Chairman at Union of Investment Cos., Vice Chairman at Zain Bahrain BSC, Chairman & Managing Director at Foras International Investment Co., Director at Arab International Insurance Co., Non-Executive Director at Valmore Holding, Director at Tamdeen Real Estate Co. from 1992 to 1995, Director at Mobile Telecommunications Co. Saudi Arabia, Director at Al-Khatem Telecommunications Co., and Senior Vice President at Kuwait Investment Co. SAK.
Education includes an undergraduate degree from Kuwait University conferred in 1982.
Asaad Al-Banwan active positions
| Companies | Position | Start |
|---|---|---|
| GULF CABLES AND ELECTRICAL INDUSTRIES GROUP COMPANY - KPSC | Chairman | 2017-12-31 |
| COAST INVESTMENT & DEVELOPMENT COMPANY K.S.C.P. | Chief Executive Officer | - |
Jordan Mobile Telephone Services Ltd.
 Jordan Mobile Telephone Services Ltd. Specialty TelecommunicationsCommunications Provides wireless communications services | Chairman | - |
Zain Lebanon | Director/Board Member | - |
Zain Iraq
 Zain Iraq Wireless TelecommunicationsCommunications Provides wireless telecommunications services | Director/Board Member | - |
Zain International BV
 Zain International BV MiscellaneousMiscellaneous Functions as an investment holding and financing company | Director/Board Member | - |
Al Mutahed | Director/Board Member | - |
Business Owners Union | Director/Board Member | - |
Kazma Sporting Club | Chairman | - |
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Former positions of Asaad Al-Banwan
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Training of Asaad Al-Banwan
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
69
1st degree connections
26
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 26 |
|---|---|
Jordan Mobile Telephone Services Ltd.
Jordan Mobile Telephone Services Ltd. Specialty TelecommunicationsCommunications Provides wireless communications services | Communications |
Arab International Insurance Co.
 Arab International Insurance Co. Multi-Line InsuranceFinance Property/casualty insurance company | Finance |
Mobile Telecommunications Co. KSCP
 Mobile Telecommunications Co. KSCP Wireless TelecommunicationsCommunications Provides mobile telecommunications services | Communications |
Egypt Kuwait Holding Co. SAE
 Egypt Kuwait Holding Co. SAE Financial ConglomeratesFinance Acts as an alternative investment manager | Finance |
Kuwait Investment Co. SAK
 Kuwait Investment Co. SAK Investment Trusts/Mutual FundsMiscellaneous Provides investment services | Miscellaneous |
National Investments Co. KSC
 National Investments Co. KSC Investment Banks/BrokersFinance Provides investment and financial services | Finance |
Coast Investment & Development Co. KSCC
 Coast Investment & Development Co. KSCC Investment ManagersFinance Engages in investment management activities | Finance |
Tamdeen Real Estate Co.
 Tamdeen Real Estate Co. Real Estate DevelopmentFinance Engages in real estate development activities | Finance |
Wafra International Investment Co.
 Wafra International Investment Co. Investment ManagersFinance Wafra is an active, medium- to long-term manager which aims to preserve and maximize the money of The Public Institution for Social Security (PIFSS). The firm employs various investment tools and products to provide an efficient risk/return balance when investing in equity, fixed-income and Islamic funds. They construct portfolios which are diversified by sector and geographic area. | Finance |
Kuwait University
 Kuwait University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Gulf Cables & Electrical Industries Group Co. KSCP
 Gulf Cables & Electrical Industries Group Co. KSCP Electrical ProductsProducer Manufacturing Operates as a investment holding company, which engages in the manufacture and supply of electrical cables | Producer Manufacturing |
Seera Investment Bank BSC (Private Equity)
 Seera Investment Bank BSC (Private Equity) Investment ManagersFinance Seera Investment Bank BSC invests in companies located in Bahrain. The firm targets companies operating in the fields of transportation, hydrocarbon, utilities, real estate and social infrastructure such as education and health care sectors. It participates in growth stage capital requirements. | Finance |
Mobile Telecommunications Co. Saudi Arabia
 Mobile Telecommunications Co. Saudi Arabia Wireless TelecommunicationsCommunications Provides wireless telecommunications services | Communications |
Seera Investment Bank Bsc (Securities)
 Seera Investment Bank Bsc (Securities) Investment Banks/BrokersFinance Provides brokerage services | Finance |
National Investments Co. (Investment Management)
 National Investments Co. (Investment Management) Investment ManagersFinance NIC-IM is an active manager which seeks to enhance shareholder value by pursuing investment opportunities that offer potential for growth and high return on equity. The firm focuses on delivering consistent returns to clients ahead of the chosen benchmark while minimizing the volatility associated with the identified asset class. They also offer a variety of international investment products to diversify client portfolios. | Finance |
Zain International BV
Zain International BV MiscellaneousMiscellaneous Functions as an investment holding and financing company | Miscellaneous |
Union of Investment Cos. | |
Zain Bahrain BSC
 Zain Bahrain BSC Specialty TelecommunicationsCommunications Provides public telecommunications and related products & services | Communications |
National Investments Co. (Private Equity)
 National Investments Co. (Private Equity) Investment ManagersFinance NIC invests in companies located in Kuwait, Bahrain, Lebanon, Europe, Asia and the United States. The firm focuses on hospitality, financial services, telecommunication sectors. It participates in growth stage capital transactions. | Finance |
Foras International Investment Co.
 Foras International Investment Co. Financial ConglomeratesFinance Provides investment services | Finance |
Kazma Sporting Club | |
Zain Iraq
Zain Iraq Wireless TelecommunicationsCommunications Provides wireless telecommunications services | Communications |
Business Owners Union | |
Al Mutahed | |
Zain Lebanon | |
Al-Khatem Telecommunications Co.
 Al-Khatem Telecommunications Co. Specialty TelecommunicationsCommunications Provides telecommunications services | Communications |
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