KuwaitPR.com, Online Press Release from Kuwait
Banking & Insurance(Banking & Investments)
Filter PR by
Burgan Bank Promotes Mr. Fadhel Mahmoud Abdullah as Acting Chief Executive Officer - Kuwait
Burgan Bank Promotes Mr. Fadhel Mahmoud Abdullah as Acting Chief Executive Officer - Kuwait

In line with the Bank’s vision of investing in its human capital and cultivating its top talents

Kuwait, 25 July 2023 :  Burgan Bank announced the promotion of Mr. Fadhel Mahmoud Abdullah to the position of Acting Chief Executive Officer (CEO) – Kuwait, in line with the Bank’s strategy to strengthen Its leadership team.

Regarded among Burgan’s longest-serving and most highly respected strategic leaders, Mr. Fadhel will play an integral role in designing, implementing, and steering the new strategic direction of the Bank over the next five years to enhance its market share in Kuwait and help drive higher profitability. The new vision of the Bank entails a plan to expand its network of branches and increase focus on the Kuwaiti market, while striving to meet the needs of Burgan’s customers and reach the largest segment of society.
Furthermore, his appointment comes in line with the Bank’s key strategic goal of investing in its human capital and the long-term growth and development of its exceptional talents, especially when it comes to senior leadership roles. 
Commenting on this occasion, Sheikh Abdullah Nasser Sabah Al-Ahmad Al-Sabah, Chairman of Burgan Bank, said: “I would like to congratulate Mr. Fadhel on assuming his new leadership responsibilities at the Bank. We are confident in his banking and financial experience, as well as his proven track record in the local market, which position him as the ideal person to head the Bank’s business in Kuwait during this upcoming period. Under his leadership, we are utterly confident that the Bank will continue on its strong performance path, seizing all business opportunities along the way. On behalf of the Board of Directors, we wish him every success and look forward to continuing to work together.” 
On his part, Mr. Fadhel said: “As I embark on the next chapter in my career, I am grateful for the role entrusted to me by the Chairman and members of Burgan’s Board of Directors to lead the Bank to even greater heights. With the overall supervision and guidance of the Board, the support of the Executive Team, and the relentless efforts and commitment of our employees, I am positive that Burgan Bank will continue an upward growth path, creating value for all stakeholders and meeting the aspirations of our valued customers.”
It serves to note that Mr. Fadhel is a seasoned veteran of the banking sector and a long-serving member of Burgan’s management team, bringing 34 years of finance, investment, and corporate banking experience to his new appointment. He has held multiple key leadership roles during his 25-year long career with Burgan Bank since 1998. He also holds a Bachelor of Science degree in Mathematics from Kuwait University. 

Posted by : Kuwait PR Network Editorial Team
Viewed 4709 times
PR Category : Banking & Investments
Posted on : Tuesday, July 25, 2023  5:47:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of KuwaitPR.com.
Previous Story : KIB Continues to Support SMEs with Mubader Account, Center a...
Next Story : August 1st the Last Day for Depositing to enter Al Dirwaza A...
Email this article Print this article

Share this article with your friends and followers
Back to Section Home

Related Stories

Most Viewed Press Release posted in the last 7 days
LG Announces Third-Quarter 2023 Financial Results [14267-Views]
Philip Morris International Progresses Towards a Smoke-Free Future in GCC markets [1985-Views]
All-New Nissan X-TRAIL Records Segment-leading Sales in the Middle East [1828-Views]
Ooredoo Business Launches Second Corporate Football Tournament [1759-Views]
Ooredoo Kuwait Sponsors Boost Football Team to Promote Amateur Football in Kuwait [1655-Views]
Ooredoo Kuwait's 'Live Healthy' Awareness Campaign Puts Employee Well-Being First [1555-Views]
Ooredoo Business: A Driving Force in Digital Excellence at Kuwait Digital Transformation Event [1543-Views]
Ooredoo Kuwait's 'Live Healthy' Campaign Expands Focus to World Diabetes Day, Reinforcing Commitment... [1354-Views]
Ooredoo Kuwait Leads the Way Towards Sustainable Telecom Infrastructure with Solar Hybrid Signal Boo... [1276-Views]
Ooredoo Kuwait Accelerates Digital Transformation with Strategic Investment in GitLab's AI-Powered D... [1255-Views]
Ooredoo Kuwait Leads the Way: 5G, VoLTE, and Roaming Milestones Set New Industry Standards [1253-Views]
KIB & Visa Partnership for Growth: A Transformative 7-Year Exclusive Strategic Collaboration [1147-Views]
Burgan Bank Sponsors Kuwait Women's Football League for the 2023 Season [1132-Views]
Ooredoo Kuwait Pioneers NB-IoT Integration, Bringing a Bright Future to Kuwait [1054-Views]
Ooredoo is the First Operator in Kuwait to Introduce Wi-Fi 7, Ushering in a New Era of Connectivity ... [1052-Views]
Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account [1048-Views]
Burgan Bank Concludes Sponsorship of 5th Annual Fair Held by Expo 965 Team for Heritage Crafts and T... [1011-Views]
Ooredoo Kuwait Upgrades Gaming Experience with Express Routes for Gamers [1008-Views]
Burgan Bank Concludes its Platinum Sponsorship of the 10th eGovernment Forum [993-Views]
KIB Encourages Customers to Improve their Savings and Investment Skills [992-Views]
RSS Facebook Twitter LinkedDin KuwaitPR.com on Instagram
Top Sections
Top Stories