Sheikh Saud Al-Sabah nominated for KIA Managing Director position
The Board of Directors of the Kuwait Investment Authority (KIA) convened its first meeting today following the issuance of Decree No. 140 of 2025, marking a new phase in the Authority’s leadership and governance framework.
The meeting, chaired by Dr. Subaih Al-Mukhaizeem, Minister of Electricity, Water and Renewable Energy, Minister of Finance, and Acting Minister of State for Economic Affairs and Investment, resulted in the nomination of Sheikh Saud Salem Abdulaziz Al-Sabah as Managing Director of the Authority.
In addition to the appointment, the Board also approved the formation of all internal committees, which will be responsible for executing the Authority’s duties in line with its founding legislation.
In a press statement, Dr. Al-Mukhaizeem affirmed the Board’s commitment to advancing institutional development, reinforcing good governance, and ensuring the efficient management of state assets.
He emphasized that these efforts are key to enhancing Kuwait’s strategic investment role and strengthening the country’s position on the global financial map.
The appointment of Sheikh Saud and the restructuring of committees reflect a renewed focus on driving sustainable economic growth and aligning the Authority’s operations with Kuwait’s broader economic vision.
