Sharif Al-Rafai Named Among Forbes' Most Powerful Asset Managers in the Middle East
ABK Wealth Management has achieved a notable milestone, adding to its distinguished record, as Forbes Middle East magazine announced the inclusion of its Chief Executive Officer, Sherif Al-Rafaei, in its prestigious annual list of the most powerful asset managers in the Middle East for 2026.
Al-Rafaei was ranked 33rd regionally and seventh in Kuwait, reaffirming the company’s leading position in wealth and asset management, and recognizing his strategic vision in steering the company toward sustainable growth and the development of innovative investment solutions that meet client aspirations amid changes in regional and global markets.
His prominent placement on the list reflects the strong performance and continuous efforts of ABK Wealth Management to strengthen its position as one of the trusted investment options in the Kuwaiti market and the wider region.
Commenting on the occasion, Al-Rafaei said: “My selection in the Forbes Middle East list of the most powerful asset managers this year is not merely a personal achievement, but a testament to the exceptional performance and relentless efforts of the entire ABK Wealth Management team, as well as the valued trust of our clients, which we deeply cherish.”
He noted that this regional recognition places greater responsibility on the company to continue innovating and excelling, with a heightened focus on crafting flexible investment plans capable of adapting to the dynamics of changing markets, in accordance with strict governance and risk management standards to protect and grow clients’ wealth.
Al-Rafaei added: “We will continue to expand the range of investment solutions we offer our clients by developing innovative products and enhancing our digital capabilities, keeping pace with global market developments and meeting the evolving needs of investors. This will further strengthen ABK Wealth Management’s position as a trusted partner in wealth and asset management, while simultaneously contributing to enhancing Kuwait’s role as a vibrant financial and economic hub in the region.”
He emphasized: “We are committed to providing comprehensive solutions that combine investment expertise with technology, ranging from investment funds and portfolio management solutions to the ABK Wealth Trade platform. These offerings provide our clients with a more efficient and flexible investment experience, reflecting our ongoing commitment to innovation and delivering added value to our clients.”
The annual Forbes Middle East list features a select group of the most prominent leaders and CEOs of the largest asset management companies in the region, who actively contribute to shaping the investment landscape and wealth creation.
