Disclosure on the Bank's Board of Directors formation

Date: 28 March 2016


Name of Listed Company: Kuwait International Bank


Substantial Information: Following Al-Dawli’s Ordinary and Extraordinary General Assembly meeting held on 27/3/2016, Board of Directors’ Membership Election has been concluded for the upcoming board term (2016, 2017, 2018). Thereafter, a Board meeting has been convened on the same date whereby the Board Chairman and the Vice Chairman have been elected. Thus, the Bank’s Board of Directors’ Membership has been decided as follows:


Sheikh Mohammed Jarrah Al-Sabah Chairman

Mr. Raed Jawad Bukhamseen Vice Chairman

Mr. Anwar Jawad Bukhamseen Board Member

Dr. Haider Hassan Al-Jummaa Board Member

Mr. Jassem Hassan Zainal Board Member

Dr. Abdullah Abdul Samad Marafie Board Member

Mr. Ahmed Ibrahim Al Asfour Board Member

Mrs. Najat Hamad Al-Suwaidi Board Member

Mr. Saleh Sulaiman Al-Trad Board Member

Mr. Tariq Saleh Bukhamseen First Alternate Member


Effect of Substantial Information on the Company’s Financial Position: Proceed with an effective and solid management aiming for application of pre-established methodology and strategy so as to ensure the Bank’s better performance.