KKR appoints Kaveh Samie as Head of Middle East and North Africa

December 22, 2010 4:41 pm

Mr. Samie will work closely with Ambassador Ford M. Fraker, Chairman of KKR Middle East and North Africa, to expand the firm’s presence in the region.

“Kaveh has spent 25 years developing global and local equity platforms and building a strong network of relationships in the Middle East and North Africa. His close ties to investors, as well as his expertise in a multitude of financial products, will be very valuable as we grow KKR’s product offerings and evaluate investment opportunities in the region,” Henry R. Kravis, Co-founder, Co-Chairman, Co-Chief Executive Officer of KKR, said.

Ambassador Fraker said, “I look forward to working with Kaveh and leveraging his wide-ranging connections and depth of knowledge about this region as we build KKR’s franchise in this rapidly developing market.”

Prior to joining HSBC in 2009, Mr. Samie spent 16 years at Citigroup, most recently as Regional Head of Equities for Middle East & North Africa, covering sovereign wealth funds, government entities, and family offices. Previously, he worked for Oppenheimer & Co., Prudential Securities, and Bank Julius Baer.

KKR established a presence in the MENA region in 2008 and opened an office in Dubai in 2009.