Rasameel Investment Company announced the promotion of Ali Al-Fulaij, Executive Vice President of Wealth Management, to Chief Operating Officer, while Dana Al-Nassar will assume his previous responsibilities as Vice President of Wealth Management and Customer Service, and the appointment of Hamad Nasser Al-SheikhMosaed as Vice President of Business Development Department. This decision is consistent with the Company's strategy, which is founded on trusting its national talents, the competences they possess, and their potential to boost the Company's performance in all sectors and markets in which it operates.Rasameel stated in a press release that the promotions of Al-Fulaij and Al-Nassar, as well as the appointment of Sheikh Mosaed, are in line with the company's policy of preparing successive generations of leaders and equipping them to assume leadership positions in order to achieve its growth goals and provide a strong and effective work environment for all members of its staff. The Company noted that Al-Fulaij, Al-Nassar, and Sheikh Mosaed will be a tremendous and vital contribution in their new roles, as part of the Company's future goal to strengthen its position and further maintain its accomplishments. It further stated that Al-Fulaij has over 22 years of expertise in the local and regional markets, during which time he held many senior roles in investment firms, including Global Investment House and Gulf Bank.Al-Fulaij also served on the boards of many firms and investment funds in Kuwait and Saudi Arabia, and spent roughly 15 years in wealth management, managing corporate and institutional customers in Kuwait and KSA. He also held the role of Acting CEO of "Global Investment House - Saudi Arabia.". Al-Fulaij, a graduate of Leeds University, UK and a wealth manager accredited by the American Academy of Financial Services, will, through his new position, supervise all departments in the company, daily administrative business activities, and will connect all members of the work team to ensure achieving the company's objectives, in addition to working to implement its strategic vision in all markets in which it operates.Dana Al-Nassar has over 15 years of expertise, having begun her career as an analyst at NBK Capital before working in the brokerage and wealth management divisions at "Global Investment House," where she contributed to a variety of investment products. She also has a wealth of expertise and understanding in both the domestic and foreign sectors. Sheikh Mosaed joined the company's work team more than 5 years ago, and has demonstrated great professionalism in managing relationships, serving high-net-worth clients, and institutional investors. He began his career in banking before moving to investments, after graduating from New Mexico State University with a double major in Banking and Finance.