The vast banking experience and industry knowledge of our Chairman, Mr Majed Eisa Al-Ajeel, has been strengthened by the guiding vision of our previous Chairmen and most recently, Mr. Tariq Mohammed Abdul Salam. Mr Majed Eisa Al-Ajeel brings considerable experience of financial markets and has previously served as the Vice Chairman of the bank.
Since the Bank’s privatization in 1998, the management has strived to implement and execute strategies aimed at achieving greater success for the three pronged stake-holder umbrella: the organization, the customers and the shareholders. Burgan's Management has focused its efforts, dedication and success on both the bank’s development and modernization process.
In stressing the "DRIVEN BY YOU" statement, we continue to strengthen our position as the best quality financial services provider in Kuwait. At Burgan Bank, we are proud that our service quality standards have been recognized continuously by many global organizations. Burgan Bank continually invests in innovating its products and services to meet the changing and growing demands of consumers. It continues to invest in technology to create added value and convenience for its customers through the implementation of best practices. Burgan Bank was recertified and is still the only bank in the GCC with ISO 9001:2000 certification in all its’ banking businesses. It also has to its credit the distinction of being the only bank in Kuwait to have won the JP Morgan Chase Quality Recognition Award, 9th year in succession for maintaining high standards of quality, efficiency and reliability while processing foreign currency transactions. Additionally, Burgan Bank has also been acknowledged as the ‘Best Local Private Bank’ in Kuwait in the Fourth Annual Euro money Private Banking Survey 2007, reflective of the high standards of wealth management services offered by the Bank. The Bank’s steadily improving financial performance was acknowledged by Standard & Poor’s Ratings Services which revised its outlook on Burgan Bank from stable to positive in addition to affirming its 'BBB+' long-term and 'A-2' short-term counterparty credit ratings on the Bank.
Alongside, the management has ensured to focus on providing the best quality products and services to its valued clients while also delivering significant returns to its shareholders. The foundations have been laid for implementing new ambitious strategies which aim at consolidating the bank's financial position and creating a large and diversified business base.
Burgan Bank management also believes strongly in investing in its human capital, by providing periodic training and ensuring healthy latitude at work. This investment in the employees helps trickle down the positive impact to the Bank’s customers who deliver timely quality service with a smile.
Finally, the Bank’s foundations have been inscribed with stringent Corporate Governance measures, whereby transparency, disclosure norms and accountability have paramount importance, in order to safeguard the trust and wealth of each and every stakeholder and customer.
Welcome to Burgan Bank… a whole new banking experience.
Click here to download Burgan Bank Corporate Governance Framework.