Burgan Bank announced the appointment of Mr. Masaud Mahmoud Haji Jawhar Hayat as a Group Chief Executive Officer after obtaining the approval of the Central Bank of Kuwait and the Board of Directors as of April 11, 2019. This move is a positive step towards facilitating the continuous development of Burgan Bank as one of the pioneering banks in Kuwait, the Middle East, and North Africa. Mr. Masoud has record in banking, commercial and investment industries and asset management in the region. He has a backing of over 44 years of local and international expertise in executive, leadership, and supervisory positions in financial and banking institutions as well as investment companies. Mr. Hayat has held key positions in the KIPCO Group since 1997, where he was recognized for his expertise and multidimensional skills.