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Gulf Press > Business > Founder of SWFI is awarded in London
Business

Founder of SWFI is awarded in London

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Last updated: 2024/07/04 at 2:19 AM
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Lakshmi Narayanan, Chairman of the Sovereign Wealth Fund Institute (SWFI), was recently honored with the title of Freeman of the City of London during the Global Wealth Conference (GWC) 2024. This accolade recognizes Narayanan’s significant contributions to the financial sector and his efforts towards international cooperation in wealth management. The Freedom of the City of London is a prestigious award with a long history dating back to 1237, given to notable figures throughout history. Narayanan’s recognition is a testament to his pioneering work with SWFI, making it a leading platform for research, analysis, and networking in the global capital and sovereign wealth fund sector.

Expressing his gratitude for the recognition, Narayanan stated, “I am deeply honored to receive the Freedom of the City of London. This recognition not only celebrates our work at SWFI but also underscores the growing importance of sovereign wealth funds in the global financial landscape. As we continue to foster collaboration and innovation in this sector, this esteemed title will serve as a reminder of the responsibility we bear in shaping the future of international finance.” The conferment ceremony took place at The Chamberlain’s Court in Guildhall, as part of the three-day Global Wealth Conference that gathered 21 sovereign wealth funds and leading asset managers worldwide, representing a combined assets under management (AUM) value of 10 trillion pounds.

Dr. Nayef Falah Al-Hajraf, Secretary General of the Gulf Cooperation Council, congratulated Narayanan on his well-deserved award, praising his talent, hard work, and commitment to excellence. Al-Hajraf highlighted the award as a testament to Narayanan’s journey and a source of inspiration for others to follow. The conference, in its second year, featured essential discussions on sustainable finance, innovation, and the potential formation of a UK sovereign wealth fund. The event underscored London’s significance as a global financial hub and SWFI’s role in shaping the future of sovereign wealth management.

The Global Wealth Conference was not only a platform for knowledge exchange and networking but also a place to celebrate Narayanan’s achievements and commitment to excellence in the financial sector. The award of Freeman of the City of London is a recognition of his dedication to advancing international collaboration in wealth management and promoting innovation in finance. This prestigious honor solidifies Narayanan’s position as a leader in the field and emphasizes the importance of sovereign wealth funds in the evolving global financial landscape. As a shining example of success and dedication, Narayanan’s journey serves as an inspiration to others pursuing excellence in the financial sector.

The recognition bestowed upon Narayanan at the Global Wealth Conference underscores the continuous growth and influence of SWFI in the global capital and sovereign wealth fund sector. This recognition further enhances SWFI’s reputation as a leading platform for research, analysis, and networking in the industry, showcasing its commitment to excellence and innovation. As Narayanan continues to lead SWFI in fostering collaboration and driving innovation in the financial sector, the title of Freeman of the City of London serves as a reminder of the organization’s responsibility in shaping the future of sovereign wealth management. With a focus on sustainability, innovation, and cooperation, SWFI and its Chairman are at the forefront of shaping the future of international finance.

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News Room July 4, 2024
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