KKR Saudi Limited

Background

KKR Saudi Limited (the “Firm”) is a private limited company established under the Regulations for Companies in the Kingdom of Saudi Arabia, Commercial Registration 1010340484, operating under a license from the Saudi Arabian General Investment Authority No. 102832119956 and an Arranging License from the Capital Market Authority No. 11154-10 issued on May 11, 2013. The direct controllers of the Firm are KKR Mena Holdings LLC, a limited liability company established under the laws of Delaware and Kohlberg Kravis Roberts & Co. L.P., a limited liability partnership established under the laws of Delaware.

Under its Arranging License, the Firm performs arranging services by introducing parties in relation to securities business to bring about a deal in a security. Specifically,

  • Identifying and arranging investments in Saudi-based companies for KKR funds;
  • Arranging partnerships/investments for KKR portfolio companies in Saudi Arabia; and
  • Identifying potential institutional investors for KKR managed funds

Paid Up Capital

The Firm has paid up capital in the amount of SAR 2,000,000.

Contact Information

KKR Saudi Limited
Faisaliah Tower, Floor 18
Olaya District
P.O. Box 54995
Riyadh 11524
Saudi Arabia
Phone: +966 11 490-3767
Fax: +966 11 490-3768

Board of Directors

Christopher Johnson, Chairman, Board of Directors

Christopher Johnson was appointed Non-executive Chairman of the Board by Partners Resolution dated July 8, 2015. Mr. Johnson has been the Managing Attorney at the Al Sharif Law Firm since December 2010 and is responsible aspects of client services in the areas of corporate, litigation, intellectual property, and labor law. Previously, Mr. Johnson served for three years as President of the humanitarian airline AirServ, responsible for programs in some 20 third world countries and for ten years as Chairman of the Vint Hill Economic Development Authority responsible for the redevelopment of a former U.S. Army Base in Northern Virginia.

Mr. Johnson has a BA from Princeton University and Juris Doctorate from New York University. He is licensed to practice in the New York Bar and District of Columbia Bar.

Kaveh Samie, Board Member and Chief Executive Officer

Kaveh Samie joined KKR in 2011 as Head of KKR Middle East and North Africa. Before joining KKR, Mr. Samie was a managing director and global head of equities for HSBC Middle East and North Africa. Prior to this role, he was the regional head of equities, covering sovereign wealth funds, government entities, and family offices at Citigroup. Previously, he worked at Oppenheimer & Co., Prudential Securities and Bank Julius Baer. In his 28 years of experience covering the region, Mr. Samie has built a strong relationship-based franchise across all products and was responsible for many of the leading global investments by regional sovereign wealth funds.

Jean Pierre Saad, Board Director

Jean-Pierre Saad joined KKR in 2008 and is focused on Technology, Media and Telecom investments in EMEA. He has been involved in KKR’s investments in SoftwareONE, SBB/Telemach (United Group), NXP Semiconductors, Acteon and Legrand. Mr. Saad is also responsible for Middle East and North Africa investment efforts. Prior to joining KKR, he worked in the telecoms and media team of Lehman Brothers in London where he advised KKR on a number of investments including SBS Broadcasting.

Mr. Saad holds a Grande Ecole degree from HEC Paris as well as an Engineering degree with high distinction in Computer and Communications from the American University of Beirut.

Senior Management

Kaveh Samie, Board Member and Chief Executive Officer

Kaveh Samie joined KKR in 2011 as Head of KKR Middle East and North Africa. Before joining KKR, Mr. Samie was a managing director and global head of equities for HSBC Middle East and North Africa. Prior to this role, he was the regional head of equities, covering sovereign wealth funds, government entities, and family offices at Citigroup. Previously, he worked at Oppenheimer & Co., Prudential Securities and Bank Julius Baer. In his 28 years of experience covering the region, Mr. Samie has built a strong relationship-based franchise across all products and was responsible for many of the leading global investments by regional sovereign wealth funds.

Salwa Alahdal, Chief Financial Officer

Salwa Alahdal joined KKR in 2016. Prior to joining KKR, Salwa worked at HSBC in the Debt Capital Markets Department (Riyadh) where she worked on Sharia-compliant issuances for some of Saudi Arabia’s most renowned corporations, banks, and quasi government entities across various sectors. Salwa started her professional career at Riyad Bank in the Financial Risk Management Department monitoring the treasury’s worldwide fixed income investments. Salwa received a Bachelor of Commerce with High Distinction (2011) from Carleton University in Ottawa, Ontario.

Ghada Al Ghoraibi, Chief Compliance Officer and Anti-Money Laundering Reporting Officer

Ghada Al Ghoraibi (Riyadh) joined KKR in July 2017 and is Chief Compliance Officer at KKR Saudi. Prior to joining KKR, Ms. Al Ghoraibi worked at Saudi Kuwait Finance House and Malaz Capital. Previously, she worked 6 years in brokerage in the equity market for the Saudi and MENA markets at EFG Hermes and Arab National Bank.

Ghada graduated from the Institute of Public Administration (IPA) and is officially certified as Compliance and AML Officer from CMA (CME1 AND CME2) and is also certified as Compliance, AML and Corporate Governance Officer from SAMA (CCO Program).

Organization Chart (March 2016)

kkr-saudi-orgchart-english

Audited Financial Statements

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Complaints

All complaints must be in writing to Ghada Al Ghoraibi, Chief Compliance Officer at Ghada.alghoraibi@kkr.com who will notify the customer that the complaint has been received and the Firm’s procedures for reviewing the complaint.

The Firm will endeavor to resolve complaints within 60 days of receipt. Within 30 days of receiving a complaint, the customer will be sent either: (i) a final response letter, explaining how the Firm intends to resolve the complaint; or (ii) a holding response letter, advising that the matter is still under investigation.

If the complaint is not resolved within 30 days of receipt, then within 60 days of receiving the complaint, the customer will be sent either: (i) a final response letter; or (ii) a further holding response letter, explaining why the matter is still under review with an anticipated timeframe for resolution.

Upon conclusion of the complaint, the Firm will promptly: (i) advise the complainant in writing of the resolution of the complaint; (ii) provide the complainant with clear terms of redress, if applicable; and (iii) comply with the terms of redress if accepted by the complainant.