Kuwait Banking Association is a strategic partner At the conference “Kuwait: Towards a Digital Economy”

Shaikha Al-Essa, Manager of Public Relations and Corporate Communications at Kuwait Banking Association, announced KBA’s participation as a strategic partner in the “Kuwait: Towards a Digital Economy” conference organized by The Business Year, a global group specialized in economic news and research, in partnership with the Kuwait Direct Investment Promotion Authority. Kuwait (KDIPA), on Wednesday, March 8th, at the Four Seasons Hotel in the capital, Kuwait.

Al-Essa explained that the conference aims to review and discuss the main areas of the Kuwaiti economy, such as digital transformation, practices and developments related to sustainability, and the role of the entrepreneurial sector.
Representatives from the public and private sectors and elite officials, leaders, innovators, investors and entrepreneurs from various sectors of the economy represented in financial technology, environmental, social and institutional governance, and small and medium enterprises will participate in the conference to discuss joint opportunities related to developments in the field of digital transformation, through a number of seminars. Discussion included in the conference. The conference will provide the opportunity for participants to discuss the most important relevant topics and highlight the status of the Kuwaiti economy in the global business community, in line with Kuwait’s vision and its prominent position on the map of financial and economic centers.

Among the keynote speakers at the conference were His Excellency the Minister of Commerce and Industry and Minister of State for Communications and Information Technology, Mr. Mazen Saad Al-Nahedh, His Excellency the Governor of the Central Bank of Kuwait, Mr. Basil Ahmed Al-Haroun, the Director General of the Direct Investment Promotion Authority, Sheikh Dr. Mishaal Jaber Al-Ahmad Al-Sabah, and the Chairman of the Board of Directors of the Kuwait Banks Association, Chairman The Board of Directors of the Commercial Bank of Kuwait, Sheikh Ahmed Duaij Al-Sabah, the Group CEO by designation, and the Group Head of Treasury and Financial Institutions at Kuwait Finance House, Abdul Wahhab Issa Al-Rashoud – discussing the tools and strategies applied in the local economy development plans and the digital transformation in the banking sector.

It is worth noting that The Business Year is preparing to launch its report on the State of Kuwait for the year 2023, which is its latest publication on the economies of the Gulf region. The digital version of “The Business Year: Kuwait 2023” will soon be available across all major business information platforms and the website: thebusinessyear.com.

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 .