Kuwait International Bank (KIB) recently appointed Raed Bukhamseen as CEO, in addition to his role as Vice Chairman of the bank.
A longtime member of Kuwait International Bank leadership team, Mr. Raed Bukhamseen (biography) has served as Vice Chairman of the bank since 2015 and has also been a member of its board of directors since 2010.
Mr. Raed Bukhamseen has extensive and broad-ranging experience in the banking, real estate and investment sectors in Kuwait and across the GCC.
He has also continued to pursue a path of self-enrichment through executive programs in investment and banking at some of the world’s most renowned institutions.
Throughout his career, Mr. Raed Bukhamseen has been regarded as a leader and visionary, having served in key leadership roles at several leading companies, such as serving as a Board Member of the Bukhamseen Group Holding Company currently, as well as Chairman and Chief Executive Officer of the Arab Investment Company (AIC) previously.
Additionally, he continues to hold positions as a board director of several companies and banks in Kuwait and the Middle East, including Warba Insurance Company, Shared Electronic Banking Services Company (K-net), Egyptian Gulf Bank in Egypt, Layan Real Estate Company in Dubai, Salmiya Market Real Estate Company and Credit One Kuwait Holding Company.
It is worth noting that Mr. Raed Bukhamseen holds a Bachelor of Science in Business Administration from Boston University, USA, which he obtained in 1999.
Kuwait International Bank (profile) is a sharia-compliant retail and commercial bank with a network of 26 branches spread across Kuwait. It was established in 1973 (as Kuwait Real Estate Bank) and is listed on the Kuwait Stock Exchange and regulated by the Central Bank of Kuwait. KIB offers a range of sharia-compliant retail and commercial banking products, including Murabaha (cost-plus asset finance), Ijarah (leasing) and Istisna’a (construction finance) facilities. Kuwait International Bank also engages in trade finance, investments, credit cards and property management.
For more information, visit http://www.kib.com.kw/.