Mr. Masaud Hayat has been associated with North Africa Holding (NorAH) since its establishment in 2006, and has been advising on the company's strategy and expansion plans in the North African region on various industry sectors. Mr. Hayat brings over 30 years of experience in finance, banking and investments in the GCC and North Africa Region.

Mr. Hayat is the Chairman of Kuwait Asset Management Company (KAMCO), the $7 Billion asset management arm of Kuwaiti Special Projects Company (KIPCO), where he has held this position since the company's establishment in 1998. His successful track record in the banking sector is well known and he has participated in some of the landmark deals in the region. 

Mr. Hayat has held senior management positions with Al Ahli Bank of Kuwait since 1974. He is also Managing Director of United Gulf Bank (UGB) Bahrain, the investment banking arm of KIPCO. 

Mr. Hayat is Director of several portfolio companies where KIPCO has a majority stake, including the Jordan Kuwait Bank, Algeria Gulf Bank, Wataniya Algeria and the Bank of Baghdad. Moreover, he is the Chairman of United Gulf Financial Services Co. and Chairman of Tunis International Bank. He also sits on the board of the Union of Investment Companies. 

He attended a number of courses in economy and management from Ivy League Schools in the US and Europe including the Wharton Business School, the International Program for Board Members at the International Institute of Management Development (IMD) in Geneva, and Harvard University's program of Leadership & Innovation.

Mr. Hayat holds a Bachelor degree in Economics from Kuwait University and a High Diploma in Banking Studies from the Institute of Banking Studies in Kuwait.