28.02.2012 - Bahrain's sovereign wealth fund chief Zain resigns
The chief executive of Bahrain's $9 billion sovereign wealth fund, Mumtalakat, told Reuters he has resigned to set up a new investment firm in the Gulf Arab island kingdom. "I'm leaving Mumtalakat after four years of helping set up an institution of the best international standards and corporate governance," Talal Al Zain, 52, said in a phone interview from Manama on Monday. "I'm staying in Bahrain and will always be part of the system here."..............................................Full Article: Source
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