Burgan Bank Appoints Bader Al-Turkait as Deputy General Manager of Financial Institutions

Burgan Bank announced the appointment of Mr. Bader Al-Turkait as Deputy General Manager of Financial Institutions (FI) under the umbrella of its Treasury and Financial Institutions Group. In a series of new leadership appointments across its various functions, the latest talent acquisition comes as part of the Bank’s comprehensive human capital development strategy, which centers on acquiring and developing Kuwait’s most talented and aspiring calibers. The strategy aims to advance Burgan’s business role as well as raise the bar of qualifications across the domestic banking market’s talent pool.
Commenting on Al-Turkait’s appointment, Mr. Abdullah Abdulmajeed Marafie, General Manager – Treasury and Financial Institutions at Burgan Bank, said: “In the intricate environment of Burgan Bank, every acquired talent is instrumental to our collective success, and today, we are delighted to welcome on board Mr. Bader Al-Turkait, whose role is pivotal to fortifying our position in the market through building profound relationships with external financial entities. We are certain that Al-Turkait will add value to his team and the organization in adherence to our standards for quality and governance.”
Prior to joining Burgan Bank, Al-Turkait was the Executive Manager of the Treasury and Financial Institutions Division at the Kuwait Finance House (KFH). In addition to his most recent responsibilities, Al-Turkait brings with him 25 years of experience in the banking sector with similar positions at the National Bank of Kuwait (NBK) and Al Ahli Bank of Kuwait (ABK).
Al-Turkait’s unique perspective is owed to his diverse academic journey, beginning with acquiring his bachelor’s degree in Political Science from Colorado State University, followed by earning his MBA in Finance from the University of Denver and completing the General Management Program at Harvard Business School.
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.