Burgan Bank appoints Adrian Gostuski as Group Chief Operations Officer

Press release
Published May 17th, 2011 - 10:40 GMT

Adrian Gostuski
Adrian Gostuski

Burgan Bank today announced the appointment of Mr. Adrian Gostuski as Group Chief Operations Officer (GCOO) effective 20 April, 2011. Mr. Gostuski brings with him extensive operations banking experience having worked in major financial hubs across the world.

In his new role at the bank, Mr. Gostuski will be leading Burgan Bank’s overall efforts in different areas such as finance, legal, operations and technology. He will be working with the other department heads and will be involved in developing key initiatives for the bank in the local and regional markets.

Mr. Eduardo Eguren Burgan Bank Chief Executive Officer said, “On behalf of the bank, we welcome Mr. Adrian Gostuski to the Burgan Bank team. Mr. Gostuski’s appointment comes at a very strategic time for the bank, a time where we are aggressively pursuing our growth strategy, locally as well as regionally. His international expertise will play a pivotal role in adding value to the bank’s executive team, and help us achieve our long term vision of becoming a trendsetting and leading local as well as regional banking group.”

Prior to joining the bank, Mr. Gostuski was Barclay’s Bank Chief Financial Officer (CFO), Operations and Technology for Global Retail Bank since 2008. He also worked for Citigroup as CFO for Latin America and Banamex in Mexico since 2003. Prior to that he was the CFO for the Citigroup Consumer Bank in Singapore, as well as having responsibility over Citigroup’s Equity Investments in Argentina and management of Citi’s debt to equity investment portfolios in Latin America, Eastern Europe, and Asia Pacific.

Commenting on his appointment, Mr. Adrian Gostuski said: “I am delighted and excited to be part of a solid and reputable financial institution such as Burgan Bank. I am confident that my experience along with my team members’ will contribute to the bank’s overall success.”

Background Information

Burgan Bank

Established in 1977, Burgan Bank is the youngest conventional Bank and second largest by assets in Kuwait, with a significant focus on the corporate and financial institutions sectors, as well as having a growing retail, and private bank customer base. Burgan Bank has majority owned subsidiaries in the MENAT region supported by one of the largest regional branch networks. which include Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq & Lebanon),Tunis International Bank – TIB (Tunisia), and fully owned Burgan Bank – Turkey, (collectively known as the “Burgan Bank Group”). Furthermore, Burgan Bank has a present in the UAE through its corporate office (“Burgan Financial Services Limited) which had helped the bank to participate in multiple financing opportunities in the UAE.

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