you know what i know from experience as well? I applied while have gotten a master’s degree acceptance along with CFA level 1 qualifications and still got rejected!

probably all his posts in chase and first national was through wasta as well………..Wafra still do that, and to get there you still need to have the right name and the right connection

“equal opportunity”…. in Kuwait Ha!!!…….sorry, I don’t believe in fairy tales anymore

Saad- Mr. Al Saad is a graduate of Kuwait University with an accounting degree and has extensive experience in investments and the financial sector. He was trained at Chase 
Manhattan 
in
 New
 York
 and
 the 
First
 National 
Bank
 of 
Chicago. Worked at BKME and was the managing director of Al Markaz. When talking about the KIA, I’m bound to talk about Mr. Al Saad and his accomplishments as head of the KIA and his ability to turn around the KIA is something I applaud him for.
Trust me, and I’m talking from personal experience that the KIA is the most bureaucratic institution in Kuwait. Tell me how many have been employed through wasta? I’m talking facts here. Any applicate has to go through a very tedious standardized procedure to land a job at the KIA. It starts with the “equal opportunity” ad they place at the newspapers. How many have they placed in 2009? NONE. How many have they hired from outside their training program in that year? NONE. As a matter of fact I personally have applied for a job at the KIA back in October 2009 and after several interviews was given initial employment approval and was asked to wait for an ad to “officially” apply. I have personally approach Mr. Al Saad, and did I get the job? No..I was asked to wait for the ad and to date, they haven’t placed their ad..No wasta could’ve gotten me to work at the KIA without going to their procedural employment process.

you can’t get a job in KIA without a freaking Wasta!….even with good qualifications.

what do they do there anyways, allocate to fund of funds.

they are lucky that the americans and the chinese pumped over to a trillion in their markets to keep the party going. and indirectly bailed out Mr. Al Sa`ad from a lousy investment in BoA and BlackRock

any half competent person would have diversified a little bit from the old allocations- esp if you have McKinesy as advisors -

شنو الشهادة العلمية إلي يملكها بدر السعد ؟
شلون حصل على المنصب؟

جم موظف تم تعيينه بالواسطه بالهيئة ؟

لما تكتب عن الهيئة ..لا تربط بدر السعد فيها .. لأنه الهيئة أكبر من بدر السعد !
صراف في بنك الكويت و الشرق الأوسط صار العضو المنتدب بواسطه من السياسيين !

This is as good as it gets!