CURRENT ISSUE
COVER STORY
Featuring Rayo Withanage
The transformative power of sovereign wealth funds across world markets is one of the key features of the past two decades of international investment activity. Enabling economies and companies to realize new innovations and capture emerging trends, these funds often require a level of coordination of competencies that places management and business acumen at the center of the action, creating markets and finding opportunities to actualize the variety of potential investments on the horizon.
Rayo Withanage, the founder and Chairman of the BMB Group, is such a financer, weaving international funding from high level sources across the Middle East and Asia to develop new platforms.
Starting in Brunei, the BMB Group has since expanded to the Middle East, combining the funds of various royal families using a multilateral, multifamily format that harnesses the united synergies of the seed funding to create an institution that is a powerful, meaningful partner to companies and governments across the globe.
“BMB taught me a lot about different business cultures and put us in the crossroads of incredible people. An early influence was Moeenuddin Ahmad Quereshi, the former Prime Minister of Pakistan and Head of the World Bank. Moeen founded EMP Capital, which was bought by BMB in 2008. Moeen formed an incredible advisory board that included: Chris Patten, Ratan Tata, Toyoo Gyoten, Bill Cohen and invited Henry Kissinger as speaker. Many of these people were incredible early influences on Their Royal Highnesses and me. Our core stakeholders have since become important leaders in our respective countries, having learned from such brilliant minds over the years.“
AND MUCH MORE IN LUXURY LIFESTYLE AND BUSINESS…