Governance Structure

Markaz Research
Markaz: COVID-19 takes a toll on Kuwait banking driven by macro uncertainties and lower asset quality
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Markaz Research
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Governance Structure

We have aligned our organizational structure to embed sound corporate governance practices within the reporting lines, providing clear segregation of duties and independence of functions such as Compliance, Risk Management and Internal Audit. Our Corporate Policies clearly distinguish the role of the Board and Executive Management and there are clear descriptions of the roles of the Board, Chairman, Board member, Board Committees, Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, Board Secretary, Head of Risk Management and Internal Auditor. The independence of key executives have been ensured through appropriate reporting lines. Our governance structure comprises of the Board, Board Committees and Management Committees.