Industry: Banking & Finance
“The banking sector remains vital for business activity and will continue to play a major role in regional economic development,” Ibrahim Dabdoub told Arabian Business at the end of last year.
“There is ample liquidity and banks are in a good position to tap into the various government development plans that are underway and which will be key contributors to economic growth and job creation.”
Of course, there’s no surprise that Dabdoub is feeling bullish on the banking sector. The Palestine-born financier has been at the helm of National Bank of Kuwait as CEO since 1983, and is now one of the most widely admired bankers in the Middle East. He first joined NBK in 1961 and saw his career progress from Head of Credit in 1969 to the CEO position in 1983 and a Group CEO in 2008.
In addition to his NBK role, Dabdoub is also a board member of the Centre for Contemporary Arab Studies at Georgetown University, Washington; the International Institute of Finance (IIF), Washington; he sits on the Board of Trustees of the American University of Beirut (AUB)and he is a member of the advisory council of Carnegie Middle East Centre, Washington. Elsewhere, Dabdoub sits on the board of the Bretton Woods Committee, Washington, DC; is chairman of the Arab Business Council (ABC) of the World Economic Forum (WEF); a member of the Board of Trustees of Kuwait Maastricht Business School, Kuwait and a board member of the Institute of Banking Studies, Kuwait.