KIB participates in Kuwait Banking Association seminar on organizational resilience and global internal audit trends
As part of its strategy to advance the role of the banking sector and elevate standards of corporate governance and internal audit in line with global best practices, Kuwait International Bank (KIB) participated in a panel discussion organized by the Kuwait Banking Association to mark Internal Audit Awareness Month 2026.
Held under the theme “Building Organizational Resilience: The Evolving Role of Internal Audit in Geopolitical Crises,” the seminar brought together a distinguished group of executive leaders and risk management and compliance experts from banking institutions and government entities, alongside representatives from local and international audit firms.
KIB was represented at the seminar by Manal Al-Rubai’an, General Internal Auditor at KIB and Secretary of Internal Auditor Association Kuwait. She participated in a key session titled “The Global Trend Towards Organizational Resilience,” which explored the requirements of the Institute of Internal Auditors (IIA).
During her participation, Al-Rubai’an highlighted the readiness of Kuwaiti institutions to adopt the concept of organizational resilience and the extent to which they are keeping pace with the latest global trends in this field. She also emphasized the urgent need to move beyond the traditional emergency response model toward building an integrated institutional framework focused on rapid adaptation, effective recovery, and restoring operational stability with high efficiency and long-term sustainability.
She also presented a clear and practical roadmap outlining the essential steps institutions should take to strengthen their ability to respond to unexpected crises, particularly when ready-made business continuity plans are not in place. The roadmap aims to accelerate recovery, minimize operational losses, and mitigate potential risks.
The seminar featured discussions on several key topics, including the strategic integration of internal audit and risk management, global best practices in business continuity and crisis management, and the evolving role of internal audit as a strategic partner that supports decision-makers during periods of geopolitical and economic volatility.
The seminar concluded with a set of important practical recommendations, emphasizing the need to develop flexible, forward-looking frameworks, strengthen coordination and collaboration across institutional departments, raise awareness of the role of internal audit, support operational sustainability, and build stakeholder trust.
In this regard, KIB emphasized that internal auditing has become a key strategic pillar in building banking systems capable of anticipating risks, assessing the effectiveness of continuity plans, and enhancing integration among control functions, enabling institutions to shift from immediate crisis response to a proactive approach rooted in resilience and operational sustainability.
It is worth noting that KIB is keen to actively participate in such specialized events, in line with its firm commitment to adopting global best practices, promoting a culture of professional awareness, and enhancing the stability and resilience of Kuwait’s banking sector.
Background Information
Kuwait International Bank
KIB a bank that operates according to the Islamic Shari’ah from 1st of July 2007, is a public quoted company. It was incorporated in 1973 and was originally known as the Kuwait Real Estate Bank.
As an Islamic bank, KIB’s business covers all banking services including Acceptance of Deposits, Financing Transactions, Direct Investment, Murabaha (auto, real estate and commodities), Ijara Muntahia Bittamleek (Lease-to-own) , Istisna’a, Tawarruq, Credit Cards, Wakala and other products. Corporate projects and finance, Treasury Services, Issuing Letters of Credit (L/Cs), Letter of Guarantee (L/Gs) and Real Estate Dealings and Management of Properties.