Warba Bank appoints Haytham Al-Terkait as Chief Technology Officer

Al-Terkait will play a key role as the bank continues to build its share of the Islamic Banking market. With a clear ambitious vision, the bank is confident that Al-Terkait will effectively contribute in implementing the strategy and enhance the banks direction and continuous development.

Al-Terkait's joins the bank following a long and distinguished career within the IT banking sector, alongside experience of working in other sectors.

In a career spanning 22 years, Al-Terkait has held senior positions at Kuwait Finance House (KFH) and Kuwait Institute for Scientific Research (KISR), including the role of IT Infrastructure Services Manager and IT Quality and Control Unit Manager. He was also an executive member of numerous committees related to Information Technology.

Given his significant expertise, he was also a project leader in the banking as well as the petroleum sectors through KISR which included projects like systems automation Projects, Information security systems projects and advanced control projects.

Al-Terkait experience will effectively contribute towards the growth and development of the bank's expansion plans of its future projects to become one of the leading financial Islamic institutes in the area of information technology. The appointment will contribute effectively towards the use of latest technology available in the banking sector to be employed to serve Warba Bank's customers.

Warba Bank has announced earlier that Kuwaitization at the management level of the bank has crossed the 75%. This demonstrates the commitment of Warba Bank to utilize the leadership qualities of Kuwaitis. Despite the number of challenges, Warba Bank has been able to achieve this figure. Due to a lack of Kuwaiti recruits in some sectors, the bank provided training to young Nationals with high qualifications, enabling it to achieve Kuwaitization in some departments, including Corporate, Retail and HR, of 98%.

Reflecting Warba's commitment to employ local expertise and talent the bank has achieved Kuwaitization over 60%, across its operations. As it enters its next phase of growth, the bank will now look to build on these foundations.