Introduction
The US International Group is a major global conglomerate comprised of a variety of global investments, industries, and subsidiaries in more than a dozen countries around the world. The Group, which was founded in 1997, is based in New York City and is headed by Chairman and Chief Executive Officer Robert M. Kimsey. The company has an extensive history of leadership and financial success and is widely considered to be one of the largest and most influential global conglomerates.
Overview
The US International Group has grown to become one of the world’s largest and most prominent conglomerates. With investments ranging from oil and gas to telecom to financial services, the Group has become an increasingly international and global presence. As of 2017, the Group has more than $50 billion in assets, subsidiaries in 20 countries, and a presence in over 100 countries.
The Group is divided into five main divisions: Industrial, Energy, Financial Services, Telecommunications, and Retail. Each division is responsible for specific aspects of the company’s operations and provides resources to other divisions and sister companies.
Industrial
The industrial division of the US International Group is responsible for overseeing the manufacture and distribution of 1000s of products worldwide. This division is divided into four areas: manufacturing, logistics and distribution, research, and product development.
The manufacturing division oversees the production, assembly, and packaging of products for sales, while the logistics and distribution division is responsible for shipping and logistics around the world. The research division focuses on innovating and refining existing products, and the product development team focuses on creating new products.
Energy
The energy division is responsible for the Group’s investments in oil and gas, electricity generation, renewable energy, and other natural resources. This division has two main departments: exploration and production, and energy services.
The exploration and production department works with companies across the world to locate, develop, and produce a variety of energy products. The energy services department provides financing, consulting, and technical services to energy projects.
Financial Services
The financial services division of the US International Group offers a range of banking, investments, and financial services for both individual and corporate clients. This division is divided into seven areas: private banking, corporate banking, wealth management, capital markets, merchant services, insurance, and asset management.
The private banking department provides banking and wealth management services for high-net-worth individuals, while the corporate banking department provides loan, leasing, and banking services for corporations worldwide. The wealth management department provides integrated financial planning, investment management, and trust services. The capital markets department provides trading, hedging, and financing solutions to clients. The merchant services department provides payment processing, credit and debit card processing, and value-added services to merchants. The insurance department provides life and health insurance solutions, and the asset management department provides asset management solutions to institutional clients.
Telecommunications
The telecommunications division of US International Group supports a number of telecom-related subsidiaries and investments around the world. This division is divided into four areas: network infrastructure, mobile telecommunications, technology services, and telecoms project finance.
The network infrastructure division develops, operates, and maintains a number of telecoms networks around the world. The mobile telecommunications division develops, operates, and maintains mobile networks around the world. The technology services division provides a range of IT services, from software development to hardware implementation. Finally, the telecoms project finance division provides financing for telecoms projects around the world.
Retail
The retail division of US International Group is responsible for a number of retail operations around the world. This division is divided into four areas: retail stores, online shopping, manufacturing, and franchising.
The retail stores department manages a number of brick-and-mortar retail stores in major cities around the world. The online shopping department operates a number of online shopping websites and mobile applications in various countries. The manufacturing department produces a number of apparel and beauty products for the Group’s retail stores. Finally, the franchising department provides the necessary support and resources to help franchisees develop and operate their own stores.
Conclusion
The US International Group is a major global conglomerate with a strong focus on international investment and operations. The Group is divided into five divisions—Industrial, Energy, Financial Services, Telecommunications, and Retail—each of which are responsible for specific aspects of the company’s operations. These divisions work together to provide the Group with resources, expertise, and global connectivity. With more than $50 billion in assets, subsidiaries in 20 countries, and a presence in over 100 countries, the US International Group is a recognized leader in the global economy.
