Banker who helped bridge Asean and Mideast business

  • Nation
  • Tuesday, 30 Jul 2013

KUALA LUMPUR: Bahrain-born Hussain Ahmad Najadi was a banker and founded Arab Investments for Asia Kuwait Ltd (AIAK) some 40 years ago in Kuwait.

Najadi later moved his business to Kuala Lumpur in the 1970s, where he founded Arab Malaysian Development Bank in 1975 before selling it to corporate figure Tan Sri Azman Hashim in 1982. Azman then renamed the bank AmBank.

According to the AIAK Group website, the company has over three decades of investment banking history in Malaysia, the Middle East, Europe and the Asia-Pacific.

The AIAK Group is a specialist in cross-border corporate finance, and acts as a bridge between the oil-producing countries of the Middle East and Asean countries.

Najadi’s memoir about his life stories and early struggles The Sea And The Hills was published last April. The book received rave reviews.

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