WarbaBank

Warba Bank appointed Hamad Fouzan Al-Fouzan as Chief Strategic Planning Officer , after the approval of the Central Bank of Kuwait, and in line with the regulatory instructions issued in January 2020 regarding the establishment of an independent sector in banks for strategic planning, to ensure that the Kuwaiti banking sector is prepared for the future and keeps pace with the challenges that may be imposed by the conditions of the global economy.

This step raises the banking capabilities to predict the internal and external challenges posed by the developments of the global economic situation. Pointing out that his appointment comes as part of the Bank's strategy that aims to strengthen its leadership that contributes to the growth and prosperity of the Bank's business and empowers Kuwaiti manpower.

In a press release, the Bank pointed out that his appointment reflects "Warba" initiatives and its insightful vision in strengthening its human resources with national manpower, foremost of which are leadership positions.

In a press release, the Bank pointed out that his appointment reflects "Warba" initiatives and its insightful vision in strengthening its human resources with national manpower, foremost of which are leadership positions.

The Bank stated that attracting successful leaders is one of the main strategies of Warba Bank, as Al-Fouzan, who holds a Master’s degree in business administration from (Imperial College London), and who has a variety of banking experience for over 17 years, is considered skilled in leading information technology, digital transformation, innovation, strategic planning and implementation in several sectors.

Al-Fouzan completed numerous courses in Leadership and Strategy from Harvard University and Wharton and Booth Business Schools in addition to being a Certified Practitioner in Cloud Technology. He started his career in 2005 as a project engineer at Zain Company, and in 2006 he moved to the banking sector by joining Boubyan Bank. He worked in many departments, where he started working as a systems engineer in the basic systems department and was promoted several times until he became an executive director of systems management in the information technology group.

After that, he was appointed as Head of Innovation and Partnership in 2019, until he became Assistant General Manager in the Innovation and Partnerships Sector in 2020, and he participated in many achievements, including his participation in building the British Digital Nomo Bank of the Bank of London and the Middle East, until Al-Fouzan joined Warba Bank as Acting Chief Strategic Planning Officer.

Warba Bank succeeded, shortly after its founding, in establishing its position in the banking sector, and occupied a leading position in the field of Islamic digital banking services for individuals, and is considered the most local bank with the number of shareholders base from members of society, which makes it close to them by providing the best banking services. Warba managed to meet the aspirations of the Kuwaiti society and deservedly earned their trust in a short period.