KUWAIT: Following the approval of the Central Bank of Kuwait, Gulf Bank announced the promotion of Lamia Ali Karam to assume the position of General Manager of Treasury. This is part of the Bank’s continuous efforts to enable national talents to advance and obtain leadership positions, based on the bank’s 2025 – noting that the percentage of Kuwaitis in the bank’s senior management positions exceeded 60 percent in 2022.

Karam has around 30 years of experience in the Kuwaiti banking sector, most of which focused on treasury management, in a number of Kuwaiti banks, until joining the Gulf Bank in 2017, where she assumed the position of Deputy Director of the Treasury department. Karam has an extensive experience in Money Market, Foreign Exchange, and Sales and has a proven track record of managing and leading teams to achieve high performance.

Over the years, Karam has succeeded in building a prestigious reputation in the local and GCC markets, along with a strong network of clients and banks. Academically, Karam holds a Bachelor’s degree in Economics and Political Science from Kuwait University and has completed many courses in Management and Leadership from MIT Sloan school-USA, University of Navarra – Spain, Kuwait Institute of Banking Studies and others. Gulf Bank’s vision is to be the leading Kuwaiti Bank of the Future.

The Bank is constantly engaging and empowering its employees as part of an inclusive and diversified workplace in recognition of every employee’s role in delivering customer excellence and serving the community at large. With its extensive network of branches and innovative digital services, Gulf Bank is able to give its customers the choice of how and where to conduct their banking transactions, all while ensuring a simple and seamless banking experience.

Gulf Bank is committed to maintaining robust developments in sustainability at environmental, social and governance levels through diverse sustainability initiatives, strategically selected to benefit the Bank both internally and externally. Gulf Bank supports Kuwait Vision 2035 “New Kuwait” and works with various parties to achieve it.