#Kuwait's emir appoints KIA board for four years - KUNA | Reuters

Kuwait's emir appoints KIA board for four years - KUNA | Reuters

Kuwait’s emir on Saturday issued a decree appointing the Kuwait Investment Authority’s (KIA) board of directors for four years, the state news agency (KUNA) reported.

The Gulf state’s sovereign wealth fund board consists of Khaled Al-Fadhel, Meshaal Jaber Al-Sabah, Fahad M Al-Rashed, Faisal Al-Hamad and Ghanem Suleiman Saqr Al-Ghunaiman, KUNA added.

The move was approved by Kuwait’s cabinet on Monday, the newspaper al-Qabas said. 

KIA’s previous board tenure expired in April and sources have previously said the delay in appointing new board members was the result of political deadlock.