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Al-Marzouq, Chairman of Board of Directors of Kuwait Banking Association, Al-Saqr Vice Chairman.

The Secretary-General of the Kuwait Banking Association, Prof. Yaqoub Al-Sayed Yousef Al-Rifaei, announced that the Association held its Ordinary General Assembly meeting for 2025.as well as Board of Directors Meeting No. (1/2025), during which the Board nominated Mr. Hamad Abdulmohsen Al-Marzouq, Chairman of the Board of Directors of Kuwait Finance House, as Chairman of the Association’s Board of Directors for the next three years (2025-2027), succeeding the former Chairman, Sheikh Ahmad Duaij Al-Sabah, whose term as Chairman of the Board has ended. Mr. Essam Jassim Al-Saqr, Vice Chairman and Group CEO of the National Bank of Kuwait, was also nominated as Vice Chairman of the Association’s Board of Directors for the next three years (2025-2027).

On this occasion, the Board of Directors extended their thanks and appreciation to Sheikh Ahmad Duaij Al-Sabah for his efforts and achievements during his three-year term as Chairman of the Board.

On another note, the Ordinary General Assembly of the Kuwait Banking Association approved the auditor’s report on the Association’s balance sheet and final accounts for the fiscal year ending December 31, 2024. The Board of Directors’ report on the Association’s activities for 2024 was also approved.

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Sheikh Ahmad Duaij Jaber Al Sabah is the Chairman of Commercial Bank of Kuwait since April 1st 2018, after holding the position of Vice Chairman from 4/4/2015 to 31/3/2018 and Board Member from 29/4/2012 to 3/4/2015 In his capacity as Chairman of Commercial Bank of Kuwait , Sheikh Ahmed Duaij Al Sabah has been nominated as Chairman of Kuwait Banking Association . He is also a Board member in Kuwait Institute of Banking Studies. Furthermore, Sheikh Ahmed held the position of Board member in Kuwait Clearing Company representing Commercial Bank of Kuwait from 2018 until 2019. And the Chairman of Al Tijari Financial Brokerage Company from 2014 until 2020. During his tenure with Al Tijari Investment Company (CBK Capital) from 2010 to 2012 Sheikh Ahmed was Project Finance Manager , and Acting Portfolio Manager and Manager Private Equity, prior to that and specifically from 2005 to 2010 he worked with Commercial Bank of Kuwait in the Shareholders Service Unit. Sheikh Ahmed started his career after graduation with Kuwait Petroleum Corporation in the capacity of Corporate Planner. Sheikh Ahmed Duaij Jaber Al Sabah graduated with Master of Business Administration from Maastricht School of Management in March 2008 after obtaining his Bachelor degree in Science with a major in Finance from Bentley College – United States of America in May 2000 .