Ahli United Bank announced the appointment of Jihad Saud Al-Humaidhi as CEO of the bank as of September 1, to be the first Kuwaiti woman to hold this position in an Islamic bank, since the beginning of Islamic banks in Kuwait, in the late seventies of the last century.
There are currently 10 banks in Kuwait, 5 Islamic and the same as conventional.Ahli United Bank said in a statement that Jihad Al-Humaidhi is a “distinguished national competency due to her great and diversified experience that exceeds 36 years in banking.”
The bank said that Al-Humaidhi, who has been the acting CEO of the bank since December 2019, succeeded in leading the bank’s business to achieve strong operational performance and good growth indicators in 2020 and the first half of 2021, despite the difficult circumstances and challenges caused by the Corona pandemic.
Ahli United Bank was established in 1971 and listed on the Kuwait Stock Exchange in 1984. Ahli United Bank of Bahrain owns 67.33% and a capital of 238 million dinars (792 million dollars).
Anwar Al-Mudhaf, Chairman of the Board of Directors of Ahli United Bank, said that Al-Humaidhi is a “distinguished banking personality with leadership qualities and a rich history of banking achievements, as well as great experience that enabled her to achieve many successes in her work.”
Jehad Al-Humaidhi said: “I am very proud of my affiliation with Ahli United Bank, which I have dedicated my career to working in. I am also proud of my work within the bank’s distinguished team.”
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