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Governance

KAB Kuwait believes that the application of good corporate governance rules and regulations provides proof of a company’s system solidity which in respect is the most important base and foundation to ensure the rights of stakeholders and enhance their supervision role over the company. KAB Kuwait has established and promotes the corporate governance rules and regulations according to the Capital Markets Authority standards to implement the highest standards of Professional Competence. Accordingly, KAB Kuwait is working on establishing a culture of responsibility and accountability to all parties to the company, starting from its Board of Directors and its responsibility in the implementation of the corporate governance framework and rules, determining the mechanism of decision-making, reviewing plans and policies as well as its role to ensure implementation of proper management to achieve the company objectives and activate proper management system through the executive management , also activation of the internal control system down to all employees of the company to ensure the compliance with the Code of Conduct and Ethics. KAB Kuwait is being directed by a BOD composed of Executive, non-Executive and Independent members enjoying extensive experiences and qualifications. The BOD is supported in achieving its roles by several committees whose responsibilities and authorities are defined by the BOD.

The Board of Directors committees are:

    1. The nomination and remuneration committee
    2. The risk management committee
    3. The audit committee

Members of the Committee

 LAMYA ALKHALED

Committee Chairman

MARIAM ALKHALED

Member

MOHAMMAD ALSAYED RASHEED ALSAYED

Member

The risk management committee

 MONA ALKHALED

Committee Chairman

MARIAM ALKHALED

Member

MOHAMMAD ALSAYED RASHEED ALSAYED

Member

The audit committee

 MOHAMMAD ALSAYED RASHEED ALSAYED

Committee Chairman

MARIAM ALKHALED

Member

MARIAM ALKHALED

Member

Board of Directors names and positions

 LAMYAZAID KHALED ALKHALED

Chairman

MARIAM ZAID KHALED ALKHALED

Vice Chairman

MONA ZAID KHALED ALKHALED

Board Member  

Executive Management Names and positions

 THAMER SABIR MAKLOUF

Chief Executive Officer

MOHAMED ABDELMAWJOD MOHAMED AHMAD

Chief Executive Officer

ROXY PHILIPS

Finance Manager