14 Maha Al Ghunaim

Building an Investment Bank through the Crash

Adrian Tschoegl

How can a woman leading an investment bank in an emerging economy such as Kuwait navigate the turbulent waters of the global financial crisis? Maha AlGhunaim headed a multi-billion dollar financial powerhouse—the only woman to do so in the Middle East—and grew it domestically and internationally. Her unique leadership style, corporate governance, and approach to strategic thinking proved essential to meet the challenge.

On June 28, 2008 Maha Al-Ghunaim, chairperson and managing director of Global Investment House (Global), the investment bank she had built with four friends, was on top of the world. The company was celebrating its 10th anniversary. In the space ...

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