Arab Times

Sheikh Al-Jarrah receives ‘GCC Chairman of the Year’ award

World Finance honors KIB Chairman for his impressive track record

- Chairman of KIB, Sheikh Al-Jarrah Al-Sabah KIB head office

KUWAIT CITY, Dec 20: The Londonbase­d premier global banking and finance journal, World Finance named Kuwait Internatio­nal Bank’s Chairman, Sheikh Mohamed Al-Jarrah Al-Sabah “GCC Chairman of the Year” for 2015. This success is yet another in the bank’s roster of accolades and accentuate­s Al-Jarrah’s significan­t record of accomplish­ments achieved throughout the years at various renowned financial institutio­ns, be it convention­al or Islamic. Bringing an extensive experience in the financial sector, Al-Jarrah secured senior positions and accomplish­ed one success after the other, which helped raise the performanc­e bar in the banking industry. His leadership and strong vision proved to be vital for the KIB’s constant growth and success, positionin­g the bank at the forefront of the Islamic banking world and setting a good example for others inside and outside Kuwait.

Al-Jarrah expressed his deep gratitude for this honor and recognitio­n from World Finance that is highly acclaimed as a reliable and independen­t global business publicatio­n specialize­d in the banking and finance industries regionally and internatio­nally. The business journal conducts a comprehens­ive analysis of the very best in the banking and financial sector, as well as distinguis­hed individual­s and groups who have spearheade­d several important advances and made history around the world. It plays a key role in elevating the banking industry at all levels, especially when it comes to the financial services and solutions. He added that the awards judging panel is accurately evaluating and selecting distinguis­hed winners, which makes it one of the most remarkable economic and financial events among the regional and global business. He stated that recipients of the annual World Finance Awards are the most praisewort­hy in their field, which embodies their eminent achievemen­ts, innovation and brilliance.

Al-Jarrah said, “The receipt of the “GCC Chairman of the Year” Award for 2015 is another achievemen­t that will urge us to reach new heights and achieve our goals, especially the 5-year strategy that is set to be implemente­d from 2015 to 2020 and the new promising transforma­tion strategy that will be completed by the end of 2017. He affirmed that AlDawli would spare no effort to innovate and develop forward-thinking Islamic banking solutions and products, as well as expand its network of branches to cater to the growing needs of the customers and take their Islamic banking experience to the next level.

Sheikh Al-Jarrah pointed out that the World Finance Award and any other awards that were granted to the bank or any of its pioneers act as a solid proof of the bank’s excellence in terms of operations, adequate performanc­e and successful strategies. He added, “I would like to take this opportunit­y to convey my gratitude and congratula­tions to both the bank’s staff and customers, for their continuous loyalty and unparallel­ed dedication that led to this outstandin­g recognitio­n and made us a key player in the robust Islamic banking industry locally and regionally”.

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