Arab Times

KFH looks to Microsoft in enabling business transforma­tion

Bank leadership experience future of innovative IT at Microsoft HQ Al Mulla Exchange inaugurate­s 8th branch in Salmiya

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KUWAIT CITY, April 3: Microsoft Kuwait hosted the Group CEO and Group CIO of Kuwait Finance House (KFH), one of the largest banks in Kuwait and the region, at Microsoft’s global headquarte­rs in Seattle, WA. The tour provided an opportunit­y for senior KFH executives to experience Microsoft innovation geared towards the banking sector, particular­ly business solutions and innovative tools to transform the KFH working environmen­t. The technology showcase coordinate­d by Microsoft Kuwait outlined the framework for a refreshed IT vision for the bank, building on an existing strategic partnershi­p between the two organisati­ons.

Mazin Saad Al-Nahedh, CEO, KFH, said: “We are happy to look to Microsoft as our leading technology provider, and believe that they are a partner that invests in their relationsh­ips with their clients. The visit to Microsoft provided a view into the future of technology, and it was especially reassuring to see Microsoft put in so much effort to ensure the success of their customers in the

Al Mulla Exchange, the leading exchange company in Kuwait, which has been steadily growing in the state over the last many years, opened the 8th branch in Salmiya on Thursday. The new branch, located near the Salmiya Garden next to Kastana Restaurant, is well appointed and comes with all the facilities

banking sector.”

Charles Nahas, Microsoft Kuwait’s General Manager, said: “KFH is an innovative banking organisati­on, and as a pioneer of CRM in their sector in the region, we were eager to outline to them the future of technology available to the banking industry. Given

and latest services that the company offers.

Speaking about the launch the General Manager of Al Mulla Exchange, Rakesh Joshi, said opening of the branches in Salmiya reflects the demand for the company’s services in the area. “Our efforts are to enable as many of our customers as

the premium on customer satisfacti­on that KFH places, we are sure that their visit to Microsoft Redmond would give them ideas on how to use technology as a competitiv­e differenti­ator in their business.”

KFH Chief IT Officer, Srood Sherif, said: “Microsoft’s sector-focused

Some photos from the event possible to easily access our branches and avail the services for all kinds of transactio­ns. We plan our expansion strategies based on the pulse of the people, and we just cater to their needs.

“So far, people have always accorded us a great welcome wherever we opened a branch, and this we believe

approach helps them stay relevant to businesses through targeted innovation. Merging technical capabiliti­es with business insights and trends, Microsoft ensures that their technology solutions demonstrat­e value to both technology and business decisionma­kers.”

shows the trust they repose in our services.”

Further, Joshi noted that Al Mulla Exchange will constantly strive in the path of excellence, “continuous­ly improving our services and updating our technology to provide the best solutions to the needs of our customers.”

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KFH and Microsoft teams
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