CEO Today - Middle East Awards 2024

CEO of Boursa Kuwait Al-Osaimi Mohammad Saud www.boursakuwait.com.kw CEO Today Middle East Awards 2024 - KUWAIT - - 52 - About Boursa Kuwait Established in 2014, Boursa Kuwait is the operator of the Kuwait Stock Exchange, the national stock market of Kuwait. Since 2016, it has been responsible for driving engagement, growth and innovation in the Kuwaiti capital market, while supporting the Capital Markets Authority, issuers, investors and various other key stakeholders. Since its inception, Boursa Kuwait has played a pivotal role in the development of Kuwait’s capital market and the diversification of the national economy, in line with the goals of Kuwait Vision 2035. Guided by a mission-driven strategy that focuses on developing the market in line with international standards, Boursa Kuwait has successfully introduced innovative investment tools, reinforced transparency, and restructured the market to increase its competitiveness and liquidity. The company’s market developments and enhancements have contributed to the reclassification of the Kuwaiti capital market to “Emerging Market” status in the world’s top three indices, strengthening Kuwait’s position as a leading financial center in the region. A trailblazer in Kuwaiti privatization, Boursa Kuwait underwent a privatization process over two stages, the first in February 2019, when a 44% equity stake was awarded to an international exchange and a group of Kuwaiti investment companies in early 2019. In September 2020, Boursa Kuwait self-listed on the “Premier Market”, and is one of the government entities in Kuwait to successfully undergo privatization. About Mohammad Mohammad Saud Al-Osaimi currently holds the position of CEO at Boursa Kuwait. Prior to this, he played a pivotal role in the reforms and development of the capital markets, and the successful execution of Boursa Kuwait’s mission, vision, and strategic objectives, in his capacity as the Head of Markets, helping to create new business opportunities. Mr. Al-Osaimi joined Boursa Kuwait as a member of its first assembled Board of Directors in 2015, after spending over two decades in various senior positions in the investment field. He holds a Master’s degree in Public Administration from Carnegie Mellon University, USA, and a Bachelor’s of Science degree in Mechanical Engineering from Gannon University, USA.

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