Kuwait Fund Names New Head of UK Arm Year After Ousting Ex-CEO

Kuwait’s $700 billion sovereign wealth fund appointed Abdulmohsin Al-Mukhaizeem as the permanent head of its London arm, just over a year after the unit’s former boss was ousted.

Al-Mukhaizeem joins the Kuwait Investment Office from Wafra International Investment — a subsidiary of the country’s state pension fund — where he was chief investment officer, according to consultant Global SWF. He also spent seven years at the private equity arm of Kuwait’s largest bank.

Kuwait Investment Authority officials couldn’t be reached for comment.

The fund’s UK unit was thrust into the spotlight last year amid legal battles with former executives ...