Burgan Bank has received approval from the Central Bank of Kuwait (CBK) for the appointment of Fadel Mahmoud Abdullah as the Chief Executive Officer (CEO) for Kuwait. The move is part of Burgan Bank’s ongoing efforts in organizational transformation, with a focus on strategic investments in human capital.
Fadel Mahmoud Abdullah, one of the longest-serving executives at Burgan Bank and widely respected in the industry, played a crucial role in the comprehensive restructuring undertaken by the bank in 2023. The restructuring involved several leadership appointments and promotions, positioning Abdullah as a key figure leading and shaping the bank’s transformation.
As Burgan Bank continues to pursue its strategic direction, Abdullah will play an integral role in steering the bank’s future. Sheikh Abdullah Nasser Al-Sabah, Chairman of Burgan Bank, expressed congratulations on behalf of the Board of Directors, expressing anticipation for Abdullah’s continued success in his new role.
Tony Daher, Group CEO, highlighted Abdullah’s value as a visionary leader in shaping the bank’s transformation roadmap. In Abdullah’s expanded role, the bank is confident in his ability to lead teams and realize the vision of the transformation, positioning Burgan Bank as a modern and progressive institution in Kuwait.
Fadel Mahmoud Abdullah, in response to his appointment, expressed gratitude for the continued trust placed in him by Burgan Bank. As the bank accelerates its transformation in the coming year, he looks forward to working with the senior leadership team to strengthen the core business in Kuwait. The focus will be on growing and diversifying the corporate portfolio, expanding the retail market share, and enhancing the overall banking experience for customers.
With a remarkable 34-year career in finance, investment, and corporate banking, Abdullah has been a vital member of Burgan’s management team for 25 years, since 1998. Holding a Bachelor of Science in Mathematics from Kuwait University, his seasoned expertise positions him well to lead Burgan Bank in its journey of evolution and growth.
