On the occasion of the 40th anniversary of its founding, Al-Hasawi Kuwait Banking Association contributed to highlighting the Role of Kuwaiti Banks

During his speech at the reception on the occasion of the 40th anniversary of its founding
Al-Hasawi: The Union of Banks contributed to highlighting the role of banks

* We were pleased to be with influential banking figures in the economic and banking work in Kuwait
* The banking sector went through many crises, which it overcame thanks to the prudent policies of the Central Bank of Kuwait.

The Secretary General of the Kuwait Banking Association, Dr. Hamad Al-Hassawi, that the Kuwait Banking Association gains its importance from the fact that it represents a strong sector that has succeeded in consolidating its position at various levels locally, regionally and globally, stressing that the Union has contributed since its inception to highlighting and strengthening the role of banks in serving the national economy, and giving banking the importance it deserves within the framework of the renaissance of the economy Our beloved country, Kuwait.

In his speech during the reception of the Kuwait Banking Association on the occasion of the 40th anniversary of its founding, which was attended by the Chief of the Court of His Highness the Crown Prince Sheikh Ahmad Al-Abdullah Al-Sabah and a group of current and former banking leaders, Al-Hassawi expressed his pride in honoring the Union with the elite of the banking sector in the celebration organized by the Federation of Kuwait Banks on the occasion of the passing of The 40th anniversary of its establishment, which coincides with the 80th anniversary of the establishment of the Kuwaiti banking sector, praising the march of the union full of achievements.

Dr. stressed. Al-Hassawi is pleased to be present at this important event with influential banking figures that have influenced the economic and banking work in Kuwait and abroad and have clear achievements and imprints in serving the Kuwaiti banking sector.

He explained that the past years witnessed a development in the role of the union to keep pace with the growth and prosperity of the Kuwaiti banking sector despite the crises that afflicted the economy, stressing the keenness of the union to continue the outstanding performance and move forward with an ambitious vision based on the gains and achievements that have been achieved towards a prosperous and promising future that is more developed in The banking industry is witnessing a new era in the field of financial technology and digital transformation.

Dr. confirmed. Al-Hassawi stressed that the Kuwaiti banking sector has gone through many crises during the past eighty years, but thanks to the prudent policies of the Central Bank of Kuwait, the wisdom of the banking leadership that led the sector’s direction during the past decades, and the contributions made by the Union in supporting economic and social activity, the sector was able to cross To safety, and in the face of every crisis, he proved his strength, toughness, and ability to continue growing and achieving successes.

He stated that on this day, we honored the honoring of the former chairmen of the Federation’s board of directors and former general secretaries in appreciation and gratitude for their distinguished efforts and contributions in serving the federation and the banking sector throughout their tenure as chairman of its board of directors and its general secretariat, and for the achievements and successes witnessed by the federation during it.

A number of banking personalities and dignitaries were honored during the ceremony, and they were the first Chairman of the Board of Directors of the Kuwait Banks Association in the period between 1981 and 1986, Fahd Abdul Rahman Al-Bahr and the late, God willing, Saad Ali Al-Nahedh, Chairman of the Board of Directors of the Kuwait Banks Association in the period between Between 1987 and 1995, and it will be received by His Excellency the Minister of Commerce and Industry and Minister of State for Communications and Information Technology Affairs, Mazen Saad Al-Nahedh.

Sheikh Ahmed Abdullah Al-Ahmad Al-Sabah, Chairman of the Board of Directors of the Kuwait Banks Association from 1996 to 1997, Saleh Mubarak Al-Falah, Chairman of the Board of Directors of the Kuwait Banks Association from 1998 to 1999, and Nasser Musaed Al-Sayer, Chairman of the Board of Directors of the Union, were honored. Kuwait banks in the period between 2000 and 2006, and it was received by Abdullah Naser Al-Sayer and Abdul Majeed Haji Al-Shatti, Chairman of the Board of Directors of the Kuwait Banks Association in the period between 2007 and 2009.

Also during the ceremony, Hamad Abdul Mohsen Al-Marzouq, Chairman of the Board of Directors of the Kuwait Banking Association from 2010 to 2015, Majid Issa Al-Ajeel, Chairman of the Board of Directors of the Kuwait Banking Association from 2016 to 2018, and Adel Abdel-Wahhab Al-Majid, Chairman The Board of Directors of the Kuwait Banks Association for the period between 2019 and 2021, Farid Ahmed Kalender, former Secretary General of the Kuwait Banks Association, and Youssef Abdul Hameed Al Jassim, former Secretary General of the Kuwait Banks Association.

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 .