Investcorp founder passes away

TDT | Manama

Investcorp announced yesterday the sad passing of its founder Nemir Kirdar. Investcorp executive chairman Mohammed Alardhi said: “We, the board of directors and employees of Investcorp, are deeply saddened by the death of Investcorp’s highly respected founder, Nemir Kirdar, who leaves behind a significant legacy.

Nemir was a true visionary who founded Investcorp 38 years ago and dedicated his career to building and leading a business focused on core values of trust, integrity and respect. “We shall continue to build on his legacy of success, and our thoughts and prayers go out to his family and loved ones.” Kirdar founded Investcorp in 1982 and led it for over three decades.

He stepped down from his executive role in 2015 and continued to serve as the Chairman of the Board until his retirement in 2017. Kirdar is survived by his wife Nada and his daughters Rena and Serra and his grandchildren.