“Kuwait Banking Association” appoints Hamad Al-Marzouq as Chairman and Essam Al-Saqr Vice Chairman

The Secretary General of the Kuwait Banking Association, Prof. Dr. Yaqoub Al-Sayed Yousef Al-Rifai, announced that the Association held its regular general assembly meeting for 2025, along with Board of Directors Meeting No. (1/2025).

During the meeting, the Board nominated Hamad Abdul Mohsen Al-Marzouq, Chairman of Kuwait Finance House, as the new Chairman of the Association’s Board of Directors for the next three years (2025-2027). He will succeed the former Chairman, Sheikh Ahmed Duaij Al-Sabah, whose term has concluded.

Furthermore, Issam Jassim Al-Saqr, Vice Chairman and Group CEO of the National Bank of Kuwait, was also nominated as Vice Chairman of the Board of Directors of the Kuwait Banking Association for the next three years (2025-2027).

The Board of Directors expressed their gratitude and appreciation to Sheikh Ahmed Duaij Al-Sabah for his dedicated efforts and achievements during his tenure as Chairman over the past three years.

Meanwhile, the Ordinary General Assembly of the Kuwait Banking Association approved the auditor’s report on the union’s balance sheet and final account for the fiscal year ending on December 31, 2024. Additionally, the Board of Directors’ report on the union’s activities for 2024 was approved.

Source: Al Qabas