CEO Today Middle East Awards

25 www.ceotodaymagazine.com CEO Today Middle East Awards 2019 kuwait MAZIN S.A.SAAD AL NAHEDH CEO of Kuwait Finance House FIRM PROFILE A Success Story.. Kuwait Finance House (KFH) is considered a pioneer in the banking phenomenon known as Islamic Finance or Shari’a Compliant Banking. KFH is the first Islamic bank established in 1977 in the State of Kuwait and today it’s one of the foremost Islamic financial institutions in the world. KFH has steadily managed to expand its business and achievements to lead the Islamic banking industry and become a pioneer financial establishment, not only in the Islamic banking industry, but also in the banking sector as a whole, besides being one of the biggest lenders in both the local and regional markets. KFH’s largest shareholders include: Kuwait Investment Authority (Direct), Kuwait Awqaf Public Foundation (Direct), Public Authority for Minors’ Affairs (Direct), The Public Institution for Social Security (Indirect), as of 31-December-2014. KFH (KSE: KFIN) is a publically listed company on the Kuwait Stock Exchange (KSE). KFH provides a wide range of banking shari’a compliant products and services, covering real estate, trade finance, investment portfolios, commercial, retail and corporate banking and is available in State of Kuwait, Kingdom of Bahrain, Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Malaysia, and Germany. Islamic Banking.. A Distinct Concept Islamic banking refers to a system of banking, which is compliant with religious law called Shari’a, guided by Islamic principles of an integral and just society. The cornerstone of Islamic banking and finance is transparency and honest dealings that achieves mutual benefits for the bank and customer.We at KFH provide services that exemplify those values. Global Integrated Operations Leading the Islamic finance industry globally, and offering a suite of financial Islamic services and products. KFH’s group banking network spans across seven regions worldwide, with 430 branches, over 790 ATMs and approximately 8,600 employees. Vision .. To lead the international development of Islamic financial services, and become the most trusted and sustainably most profitable “Sharia’a” compliant bank in the world. Mission .. To deliver superior innovation and customer service excellence while protecting and enhancing the interests of all our stakeholders. ABOUT MAZIN S.A.SAAD AL NAHEDH Mr. Mazin S.A.Saad Al Nahedh has been the Chief Executive Officer/General Manager of Kuwait Finance House K.S.C.P. since October 1, 2014. Mr. AL NAHEDH served as Group General Manager of Consumer Banking at National Bank of Kuwait S.A.K.P from 2011 to October 21, 2014. He served as Bank Relations Director, Authorized Manager for Treasury Department , Vice General Manager for Treasury Department , Deputy General Manager for Treasury Department and General Manager for Treasury Department at Kuwait Central Bank since 1993, since 2001, since 2006, since 2007 and since 2008 respectively. He served as Treasury Director at Kuwait Central Bank from 1993 to 2001. He served as General Manager of Corporate Banking Group and General Manager of Retail Banking Group at Kuwait Central Bank from 2008 to 2011 and from 2011 to 2014 respectively. He over 21 years of extensive, diversified banking experience. He has vast experience in analyzing and observing market movement, capitals, currencies, not to mention monetary policy developments and implications. He served as General Manager of Corporate Banking Group and Retail Banking General Manager at the National Bank of Kuwait (NBK). He excelled in many banking functions related to wholesale banking, finance, retail banking, treasury and he was successful in managing the assets and liabilities of financial institutions within regulatory and administrative requirements. Mr. AL NAHEDH served as General Manager of the Treasury Group at the National Bank of Kuwait and was responsible for setting and implementing the Treasury’s strategic business plan. He served as Member of Board of Directors at Kuwait Turkish Participation Bank Dubai Ltd. He serves as a Director of Kuveyt Turk Katilim Bankasi A.S. He served as a Member of the Board at Saffar Capital Ltd. He served as Member of the Board of Directors at Kuwait Central Bank from November 2010 to 2014. He graduated from California State University with a Bachelor of Science in Finance and Business Administration. Mr. AL NAHEDH completed a Financial Management Program from Stanford University. He had a Senior Executive Program and General Management Program from Harvard University and a Leadership Program from Harvard University. www.kfh.com