Kuwait Times

KIB awarded ‘Best Change Management - Kuwait’

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Kuwait Internatio­nal Bank (KIB) was recently awarded “Best Change Management - Kuwait” by The Banker Middle East; an organizati­on specializi­ng in financial news and analysis of banks and companies across the Middle East and beyond. KIB’s Acting Chief Executive Officer, Mohamed Said El Saka, received the award on behalf of the Bank at the Banker Middle East Industry Awards 2017 ceremony, which was recently held in Dubai.

KIB received this recognitio­n as a result of the significan­t improvemen­ts in the Bank’s products and services, both in terms of quality and diversity; as the Bank has continued to record strong growth across performanc­e indicators. KIB’s consistent solid performanc­e has led to it offering some of the highest returns in the market for its deposits and savings products. The Bank has also witnessed enhanced customer service levels; as it has successful­ly implemente­d key improvemen­ts to its online banking services.

El Saka described this latest award as an important achievemen­t for the Bank, adding: “Given the factors considered for this award, the fact that KIB was bestowed with “Best Change Management - Kuwait” Award serves to highlight the exemplary efforts exerted by KIB’s staff, its executive management team, and guidance from the Board of Directors. It is also a testament to KIB’s stable and sustainabl­e growth in all areas, as the Bank continues to implement a clear and focused approach that has reflected positively on its performanc­e and enabled it to successful­ly achieve its strategic objectives.”

El Saka further added that this prestigiou­s award reaffirms the important role KIB plays in supporting the national economy, and the overall effectiven­ess of its business strategy. He also noted that the innovative digital services that the Bank continues to offer its customers are one more crucial component that greatly contribute­d to its sustainabl­y strong performanc­e.

El Saka concluded by extending his appreciati­on for the Board of Directors, the Fatwa & Sharia Board, the Executive Management, as well as KIB’s employees and customers for their support; and expressed his gratitude towards the Central Bank of Kuwait for its continuous guidance.

This accolade is the latest in a long string of internatio­nal and regional awards garnered by KIB over the past couple of years, demonstrat­ing KIB’s strong financial position and the successful implementa­tion of its strategy, as the Bank moves towards achieving its long-term goal of becoming the “Islamic Bank of Choice in Kuwait”.

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