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Chairman’s Message

On behalf of myself and my fellow Board members, I am pleased to welcome you to the website of the Kuwait Banking Association (KBA). I wish this esteemed institution and its member banks ongoing success and prosperity, contributing to Kuwait’s development and meeting the evolving needs of its banking sector and customers with world-class services.

Hamad Abdulmohsen Al Marzouq
Chairman, KBA

Our success hinges on effectively collaborating with the Board and committees to achieve the KBA’s 2001 vision: strengthening local banks, advocating for their interests, and driving national economic and community development. Through close cooperation with the Central Bank of Kuwait, we will elevate banking performance, strengthen the economy, and embrace global banking advancements.

In fulfilling its national responsibility, the KBA will actively pursue practical objectives encompassing social, economic, and institutional contributions. The KBA will provide steadfast support to the State of Kuwait’s development initiatives, under the esteemed leadership of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, His Highness the Crown Prince Sheikh Sabah Al-Khaled Al-Sabah, and His Highness the Prime Minister Sheikh Ahmad Abdullah Al-Sabah. This support will be manifested through the fortification of the banking sector’s pivotal role as a partner in national development, thereby contributing to the state’s civilizational advancement project. This project is aligned with the 2035 development plan and its associated programs, projects, and forward-looking economic vision, which prioritizes economic and service enhancements to effect positive changes and achieve a transformative impact for citizens and society.

We are highly optimistic that the KBA will continue to play a crucial role in ensuring banking stability and driving economic growth in Kuwait. We pray that Allah grants our nation continued security and prosperity, and that the vision of our leadership for progress and development is fully realized, now and in the future.

In closing, I wish to convey my sincere gratitude to the members of the KBA Board of Directors for their unwavering dedication to the organization’s objectives. I am confident that the banking sector will experience sustained progress and development.
I also extend my thanks to the representatives of the member banks in the KBA’s committees for their cooperative engagement with the sector’s issues through insightful discussions and suggestions. Furthermore, I commend the KBA’s General Secretariat and its employees for their dedicated efforts in achieving the KBA’s goals.

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 .