Kuwait – April 3, 2019:   Burgan Bank has appointed Mr. Hameed Abul as Chief Private Banking Officer after obtaining the approval of the Central Bank of Kuwait as of March 27, 2019. Mr. Hameed Abul is responsible for directing, formulating, overseeing and implementing the overall strategy of the Private Banking Group. He is also responsible for guiding and providing strategic direction and leadership to a profitable growth while ensuring revenue potential is realized in a low risk and cost-effective manner.

Raed Al-Haqhaq, Chief Executive Officer of Burgan Bank - Kuwait said: “I would like to congratulate Mr. Hameed Abul on his new role as the lead to serve our high-net worth clients. As one of the most well-established wealth management service providers in Kuwait, we wish him luck and look forward to the continued growth of the private banking business under his strategic management.”

Mr. Hameed Abul, Chief Private Banking Officer said: “I am honored to be handed a very important position of a significantly expanding and prestigious financial service. Operating through a progressive business model that adheres to the execution of the highest standards in services and products, I hope to maintain long term trusted relationships through extraordinary personal commitment to our clients’ needs.”  

Mr. Abul has over 25 years of experience working in State Audit Bureau, Commercial Bank of
Kuwait, Qatar National Bank and Kuwait & Gulf Link Holding. Mr. Abul holds a Bachelor’s degree in Accounting & Auditing from Kuwait University, in addition to a post graduate diploma in International Banking from City University, London.