Board Members
The Kuwait Banking Association board members are the respected chairmen of the local Kuwaiti Banks.
Sh. Ahmad Duaij Al Sabah
Commercial Bank of Kuwait
Mr. Hamad Abdulmohsen AlMarzouq
Kuwait Finance House
Mr. Hamad Mohamed Abdulrahman Al-Bahar
National Bank of Kuwait
Mr. Bader Nasser Al Kharafi
Gulf Bank
Mr. Talal Mohammed Reza Behbehani
Ahli Bank of Kuwait
Sh. Mohammad Jarrah Sabah Al Sabah
Kuwait International Bank
Mr. Khaled Hussain Al Shatti
Industrial Bank of Kuwait
Mr. Faisal Mansour Sarkhou
Burgan Bank
Mr. Adel AbdulWahab AlMajed
Boubyan Bank
Mr. Hamad Musaed Al-Sayer
Warba Bank
Sheikh Ahmad Duaij Jaber Al Sabah
Commercial Bank of Kuwait
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 .
Mr. Hamad Mohamed Abdulrahman Al-Bahar
National Bank of Kuwait
Mr. Al‐Bahar has been a Board Member of NBK since 2005. He was appointed as Board Chairman in March 2022. He is Chairman of Board Corporate Governance Committee and a member of the Board Credit Committee. Mr. Al‐Bahar sat on the Board of the Kuwait Investment Company from 1981 to 1991, where he served as Chairman and Managing Director. He also served as Managing Director of the Bank of Bahrain and Kuwait. He has extensive experience in Investment Banking and Asset Management, in addition to internal controls. Mr. Al‐Bahar holds a Bachelor of Arts degree in Economics from Alexandria University, Egypt.
Mr. Hamad Abdulmohsen AlMarzouq
Kuwait Finance House
Mr. Hamad Al-Marzouq is Chairman of Kuwait Finance House, the ex-Deputy Chairman of the parent bank “Ahli United Bank” in Bahrain and Deputy Chairman in the subsidiaries of the Group in U.K., Egypt, Oman & Iraq. Mr. Al Marzouq also serves as a Director on the Board of the Public Authority for Applied Education & Training (Kuwait) & the Institute of Banking Studies (Kuwait). Mr. Al Marzouq previous directorships include: Kuwait & Middle East Financial Investment Company Kuwait, Ahli Bank Qatar, United Bank for Commerce & Industry Libya, Middle East Financial Investment Company Saudi Arabia, Union of Arab Banks Lebanon, Arab Academy for Financial & Banking Services Jordan. Mr. Al Marzouq previous experience was with the Central Bank of Kuwait (CBK) where he assumed several positions last of which was the Manager of the Banking Supervision Department, and prior to this he worked as an Investment Officer in Kuwait Investment Company. Mr. Al Marzouq holds a Bachelor of Science Degree in Industrial & System Engineering from the University of Southern California USA & MBA in Finance & International Business from Claremont Graduate School USA.
Mr. Bader Nasser Al Kharafi
Gulf Bank
Chairman, Board of Directors
Chairman, Board Compliance and Governance Committee
Chairman, Board Credit and Investment Committee
Date of Appointment:
• Chairman; March 4, 2024 – Present
• Board Member; March 17, 2012 – March 3, 2024
Academic Qualifications:
• Bachelor’s Degree, Mechanical Engineering, Kuwait University, Kuwait.
• Master of Business Administration, London Business School, London, UK.
• Mr. Bader has completed 3 years of his Doctorate in Business Administration Program from IE
Business School (Instituto de Empressa) in Madrid, Spain.
Experience:
• Mr. Bader has over 20 years of experience in the financial, banking, industrial, and
telecommunication sectors.
• He began his career as an engineer in Kuwait Petroleum Corporation for approximately one year.
Thereafter, he joined Al-Kharafi group in which he held several leadership positions concluding in
the position of Member of the Executive Committee in the industrial sector of Al-Kharafi group.
• Mr. Bader is Chairman and member of the Board of Directors in several local and international
companies operating in the financial and industrial sector, which include:
o Vice Chairman & Group CEO of Mobile Telecommunications Company K.S.C (Zain Group), Kuwait.
o Vice Chairman of Mobile Telecommunications Company, Saudi Arabia.
o Vice Chairman of Gulf Cables and Electrical Industries Company, Kuwait.
o Chairman of Injaz Kuwait, Kuwait.
o Board Member in the Middle East Advisory of Coutts & Co. (United Kingdom).
o Board Member at Refreshment Trading Company (Coca-Cola), Kuwait.
o Vice Chairman of Diamond International Motors Company (Mitsubishi cars), Egypt.
o Board Member at Bahrain Steel B.S.C.C., Bahrain.
o Board Member at Foulath Holding B.S.C., Bahrain.
o Board Member at Kuwait-British Friendship Society.
o Board Member at the United Nations High Commissioner for Refugees (UNHCR) – “Sustainability
Board”.
o Board Member and the Chairman of the Executive Committee at Boursa Kuwait.
o Chairman of National Investments Company (NIC), Kuwait.
o Vice Chairman of Heavy Engineering Industries & Shipbuilding Co. (HEISCO), Kuwait.
o Board Member at Mentor Arabia, Lebanon.
• In September 2019, BNK Automotive owned by Mr. Bader Al-Kharafi signed the new Volvo agency
agreement in Kuwait, making BNK Automotive the new official exclusive importer for Volvo Cars and
in 2022 BNK Automotive acquired the franchise rights for Polestar.
• In 2020, BNK Motion, owned by Mr. Bader Al-Kharafi acquired the franchise rights for Piaggio Group
and Vanderhall Motor Works.
Mr. Talal Mohammed Reza Behbehani
Ahli Bank of Kuwait
Mr. Talal Mohamed Reza Yousuf Behbehani is the Chairman Al Ahli Bank of Kuwait from 2014 to date. He was the Deputy Chairman of Al Ahli Bank of Kuwait from March 2014 till December 2014. In addition, he also obtained the position of a Board Member in A’ayan Leasing & Investment Company since 1999 to date, Kuwait Insurance Company since 2004 to date, Industrial Bank of Kuwait from 1996 till 1999 and from 2003 till 2007 and Al Ahli Bank of Kuwait from April 2007 till March 2014 He holds a Bachelor Degree of Arts from the Kuwait University in 1992.
Sh. Mohammad Jarrah Sabah Al Sabah
Kuwait International Bank
Sheikh Mohammad Jarrah Sabah Al Sabah is the Chairman of Kuwait International Bank from 2010 to date. He holds many certificates specialized courses in the field of insurance and brokerage. He obtained several positions the main was Chairman and Managing Director of Commercial Bank of Kuwait and Vice Chairman of Warba Insurance Company and Board member of Union of Arab Banks in addition he is a board member in many of the companies in various sectors.
Mr. Faisal Mansour Sarkhou
Burgan Bank
Mr. Sarkhou was elected as a board member of Burgan Bank Group in 2022 and on 10 April 2023 was appointed as vice chairman. Mr. Sarkhou is the Chief Executive Officer of Kamco Invest since 2014 and has led the company to become one of the key players in the regional financial services sector. He enjoys a wealth of experience in investment services namely investment banking and asset management. He joined the Company in 2000 and has held several managerial positions including head of Corporate Finance and head of Financial Services & Investments, responsible for advising and executing mergers and acquisitions, underwritings, private placements, debt issuances, restructuring transactions, and private equity. Earlier in his career he was a member of the Corporate Finance Team at KPMG in Kuwait. He sits on the board of several reputable companies, member of advisory boards and executive committees and a prominent speaker in various investment forums. Mr. Sarkhou holds a BSc Economics degree with honors from the University of Birmingham, UK and an EMBA with distinction from HEC Paris, France. Mr. Sarkhou is a member of the BNRC Committee and Chairman of the BCIC Committee of Burgan Bank.
Mr. Adel AbdulWahab AlMajed
Boubyan Bank
Mr. Adel Abdul Wahab Al-Majed is the Vice Chairman and CEO in Boubyan Bank from 2012 to date. Holding a Bachelor of Commerce degree. He obtained position of Deputy CEO in National Bank of Kuwait as he was Board member of Many companies.
Mr. Hamad Musaed Al-Sayer
Warba Bank
Al-Sayer holds a bachelor’s degree in Finance from Seattle University in the United States of America in 1997 and an MBA from Maastricht University of Business Administration in 2006. He has been the vice chairman of Warba Bank from March 2019 and the Chairman of Warba Bank from March 2022 to date. He currently occupies the position of CEO of One Franchising Holding Company since July 2021, he served also as the CEO of Al Sayer Franchising General Trading and Contracting Company W.L.L from 2003 until June 2021. He started his career in the corporate finance sector at National Bank of Kuwait from 1998 to 2003. He has been a chairman and a member of the board of directors in several local and regional companies and financial institutions including but not limited to Al Dhow Investment Company, United Securities Brokerage Company in Egypt, Al Roeya Securities Company in the Sultanate of Oman and FIMBank in Malta.