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06 Dec

CEO Leadership Series: Michel Accad, Group CEO of Al Ahli Bank of Kuwait


Al Ahli Bank of Kuwait (ABK) was established in 1967 (celebrated its 50th anniversary in May 2017). The bank serves retail and commercial customers in Egypt, Kuwait and UAE, facilitating consumer banking and business banking relationships across the Gulf and into North Africa. The bank is rated A2 by Moody’s Investors Service and A+ by Fitch Ratings.

Michel Accad became Chief Executive Officer of ABK in May 2014. The acquisition of Piraeus Bank, Egypt, in 2015 transformed the bank into a regional player. This has been followed by a major project updating the bank’s software solutions with the ongoing deployment of a suite of Finacle solutions including Core Banking, Trade Finance, Wealth Management, CRM, e-banking, Payments, Treasury, Alerts, SMS Banking, Liquidity Management, Retail, and Corporate Loan Origination.

Our conversation begins with Michel Accad reviewing Al Ahli Bank of Kuwait’s prospects for growth.

Source: CPI


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