Sheikh Mohamed Al-Jarrah Al-Sabah

KUWAIT: The London-based premier global banking and finance journal, World Finance named Kuwait International Bank's Chairman, Sheikh Mohamed Al-Jarrah Al-Sabah "GCC Chairman of the Year" for 2015. This success is yet another in the bank's roster of accolades and accentuates Al-Jarrah's significant record of accomplishments achieved throughout the years at various renowned financial institutions, be it conventional or Islamic. Bringing an extensive experience in the financial sector, Al-Jarrah secured senior positions and accomplished one success after the other, which helped raise the performance bar in the banking industry. His leadership and strong vision proved to be vital for the KIB's constant growth and success, positioning the bank at the forefront of the Islamic banking world and setting a good example for others inside and outside Kuwait.

Al-Jarrah expressed his deep gratitude for this honor and recognition from World Finance that is highly acclaimed as a reliable and independent global business publication specialized in the banking and finance industries regionally and internationally. The business journal conducts a comprehensive analysis of the very best in the banking and financial sector, as well as distinguished individuals and groups who have spearheaded several important advances and made history around the world. It plays a key role in elevating the banking industry at all levels, especially when it comes to the financial services and solutions. He added that the awards judging panel is accurately evaluating and selecting distinguished winners, which makes it one of the most remarkable economic and financial events among the regional and global business. He stated that recipients of the annual World Finance Awards are the most praiseworthy in their field, which embodies their eminent achievements, innovation and brilliance.

Al-Jarrah said, "The receipt of the "GCC Chairman of the Year" Award for 2015 is another achievement that will urge us to reach new heights and achieve our goals, especially the 5-year strategy that is set to be implemented from 2015 to 2020 and the new promising transformation strategy that will be completed by the end of 2017. He affirmed that Al-Dawli would spare no effort to innovate and develop forward-thinking Islamic banking solutions and products, as well as expand its network of branches to cater to the growing needs of the customers and take their Islamic banking experience to the next level.

Sheikh Al-Jarrah pointed out that the World Finance Award and any other awards that were granted to the bank or any of its pioneers act as a solid proof of the bank's excellence in terms of operations, adequate performance and successful strategies. He added, "I would like to take this opportunity to convey my gratitude and congratulations to both the bank's staff and customers, for their continuous loyalty and unparalleled dedication that led to this outstanding recognition and made us a key player in the robust Islamic banking industry locally and regionally". He referred to the "GCC Chairman of the Year" Award for 2015 as the fruit of the joint effort of KIB's departments and the healthy working atmosphere, which also nominated us to win the "Best Islamic Bank in Kuwait" Award for two consecutive years 2014-2015.