Mr. Ayad Al-Sumait holds a Bachelor Degree of Economics with a major in Administrative Sciences in 1984. He possessed a rich diversified investment management and supervision experience of 38 years. He started his career at Central Bank of Kuwait as an Economic Researcher (1984-1991) and thereafter Kuwaiti Real Estate Investment Group as Investment Manager (1991-2006). Subsequently, Mr. Al Sumait joined Kuwait Investment Authority from 2007-2021 as Director of Institutional Development dept. He was also a Board member in Touristic Enterprises Company (2016-till to date) and National Technology Enterprises Company (2018-tilldate). He was a Board member in Kenana Sugar Company Ltd (1997-2004), Sudanese Kuwaiti company for Animal Production (1997-2001), The Sudanese Kuwaiti Company for Building and construction (1997-2002), The Sudanese Kuwaiti Hotels company (2000-2002), The Egyptian Kuwaiti Real Estate Company (2002-2006), Arab Maritime Navigation company (2003-2006). He is a Board member in Kuwait German holding company since 2022 and Board member in Coast since 2023. arabic