Burgan Bank Appoints Meshari Abduljalil Shehab as General Manager of Private Banking and Wealth Management

After obtaining all necessary approvals from the Central Bank of Kuwait (CBK), Burgan Bank announced the appointment of Mr. Meshari Abduljalil Shehab as General Manager of Private Banking and Wealth Management. This comes as part of Burgan Bank’s committed human capital development strategy, which centers on the Kuwaitization of its workforce and its continued investment in Kuwait’s top national talents across all departments and levels of the organization.
Mr. Meshari’s addition to Burgan Bank’s management team follows a series of leadership-level appointments and promotions that have unfolded in the past few months – all of which were made in line with the Bank’s new strategy and transformation roadmap; gearing Burgan towards becoming the most modern and progressive bank in Kuwait, with a core focus on its human capital. With extensive experience in the Kuwaiti banking sector, Mr. Meshari is set to guide Burgan Bank’s latest Private Banking and Wealth Management endeavors with finesse toward new frontiers of success whilst adhering to the Bank’s elaborate roadmap and expansive strategy as well as the highest standards for conscious and inclusive banking practices.
Commenting on this announcement, Mr. Fadel Mahmoud Abdullah, Chief Executive Officer (CEO) – Kuwait, said: “On behalf of Burgan’s Board and staff, I would like to congratulate Mr. Meshari on his new appointment. Considering his vast experience, I am confident that he will add a lot of value to his department and Burgan Bank as a whole and contribute greatly to our institutional success and accomplishment. Private Banking and Wealth Management marks a pivotal expansion for Burgan Bank’s involvement in the Kuwaiti banking sector and the scope of services that we offer our premium clientele, and entrusting Mr. Meshari with leading such a vital department speaks volumes of our faith in his capabilities and acumen.”
With a professional journey in banking that spans over 20 years, Mr. Meshari brings with him a wealth of knowledge and expertise in Private and Affluent Banking, Risk Management, and Investments. Prior to joining Burgan Bank, he worked in numerous prestigious banking institutions in Kuwait, including the National Bank of Kuwait (NBK), Gulf Bank, and Ahli United Bank (AUB), with his latest position being Deputy General Manager of Private Banking and Wealth Management at AUB.
Mr. Meshari holds an Executive Master of Business Administration degree from the American University of Beirut (AUB), Lebanon, and a Bachelor’s degree in Finance from the University of Miami, USA. In addition, he completed the General Management Program (GMP) at Harvard Business School, USA.
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.