Burgan Bank Assigns the responsibility of managing the Financial Institutions Department to Mr. Mohammed Najeeb Al-Zanki

Press release
Published December 25th, 2022 - 04:25 GMT

Burgan Bank Assigns the responsibility of managing the Financial Institutions Department to Mr. Mohammed Najeeb Al-Zanki
Mr. Mohammed Najeeb Al-Zanki
Highlights
Burgan Bank announced the assignment of Mr. Mohammed Najeeb Al-Zanki the responsibility of managing the Financial Institutions Department

Burgan Bank announced the assignment of Mr. Mohammed Najeeb Al-Zanki the responsibility of managing the Financial Institutions Department, following the approval of the Central Bank of Kuwait (CBK) on December 6th, 2022, In addition to his current role as Head of Corporate Banking – Assistant General Manager at the Bank.

Commenting on the new assignment, Mr. Raed Abdullah Al-Haqhaq, Deputy Group Chief Executive Officer & CEO – Kuwait at Burgan Bank, said, “We are happy to congratulate Mr. Mohammed Al-Zanki on his new leadership duties at the Bank, and we fully confident that his extensive banking and financial experience will continue to add value to our organization. His responsibilities and his growing leadership role, will enable him to drive greater success across the organization and help us together achieve Burgan’s strategic vision”. Al Haqhaq also pointed to Al-Zanki’s long career at the Bank and the various position he has held throughout that period - the latest being Head of Corporate Banking- Assistant General Manager, adding: “Mr. Al Zanki is well versed in the culture and strategy of Burgan, and we look forward to him leveraging that knowledge and his industry acumen even further to bring our growth and development plans to fruition.”

Al-Haqhaq pointed out that Al-Zanki’s new responsibilities managing the Financial Institutions Department is a pivotal one for Burgan Bank; given the importance of financial institutions in the banking and investment business, and their future development in line with the strategic plans of the Bank, in addition to its major role in the Kuwaiti banking sector.

It is worth noting that Mr. Al-Zanki has a long and distinguished career in the banking sector and Kuwaiti financial institutions, spanning more than 18 years, with over 8 years in leadership positions. Mr. Al-Zanki also has extensive experience in Corporate Banking.

Mr. Al-Zanki joined Burgan Bank in 2010 and held the position of Senior Corporate Relationship Manager until 2015, then Head of the Contracting Unit at the Bank from 2015 to 2017, and has held the position of Head of Corporate Banking - Assistant General Manager since 2018. He holds a Bachelor of Science in International Business Administration from the University of Baltimore in the United States, a postgraduate degree in investment from the Kuwait Investment Authority (KIA), and is an Alumni at Harvard Business School Program for Leadership Development.

Background Information

Burgan Bank

Established in 1977, Burgan Bank is the youngest conventional Bank and second largest by assets in Kuwait, with a significant focus on the corporate and financial institutions sectors, as well as having a growing retail, and private bank customer base. Burgan Bank has majority owned subsidiaries in the MENAT region supported by one of the largest regional branch networks. which include Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq & Lebanon),Tunis International Bank – TIB (Tunisia), and fully owned Burgan Bank – Turkey, (collectively known as the “Burgan Bank Group”). Furthermore, Burgan Bank has a present in the UAE through its corporate office (“Burgan Financial Services Limited) which had helped the bank to participate in multiple financing opportunities in the UAE.

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