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The Role of the Private Sector in the Future of the Kuwaiti Economy



London, UK

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With oil no longer the reliable resource it was, Kuwait is increasingly looking to the private sector to diversify and boost its economy across a range of sectors. By bringing together senior public officials and top local and foreign business leaders at this event, The Business Year hopes to inspire a dialog that will bring new momentum to Kuwait's vision. Hosting this event in London is simply the best way to showcase the country's ambition to the entire global investor community.


Get 30% off your ticket today with this special early bird discount code: KW19-EARLY30


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Abdullah Al Mutawa
Abdullah Al Mutawa
Chairman
Carriage

Abdullah Jehad Almutawa the founder of Carriage graduated with a Civil Engineering degree from the states and worked at Schlumberger for a few years. Shortly after that, Al Mutawa opened up his own restaurant in Kuwait City called the Stack, which led him to founding Carriage. Carriage was the first service of its kind in Kuwait to combine online food ordering and delivery in one platform.

Athbi Alenezi
Athbi Alenezi
Managing Partner
Just Clean

Athbi is the Joint Managing Partner and one of the Co-Founders of Justclean.

Prior to establishing the business, Athbi worked in the banking sector where he gained invaluable knowledge in the field of human resources.

Athbi was born and raised in Kuwait until his late teens when he moved to the United Kingdom. Upon completion his education, he embarked upon a career in the hospitality industry which offered him significant experience of consumer behavior.

Upon his return to Kuwait, whilst still in the banking sector, Athbi along with his brother Nouri Al Enezi, inspired by the fast-moving e-commerce industry in the region, decided to set up the first laundry market place application. They took their motivation from the leading, local e- commerce pioneers and saw an opportunity to merge the traditional method of cleaning with the advancements that the technology sector had to offer.

Together they launched Masbagti in April of 2016 and in February 2017 the business partnered with Faith Capital and was successfully re-launched under the new branding of Justclean.

Anwaar AlMahmeed
Anwaar AlMahmeed
Co-Founder
East Chain Co.

Anwaar AlMahmeed is the co-founder of the East Chain Co. The East Chain Co. is an investment firm that was established in 2017 with the goal of investing in, developing, and implementing blockchain technology and other distributed technology. The East Chain Open Hub (ECOH) is a conference focused on gathering people from around the world to discuss the exciting new opportunities offered by distributed technologies, as well as its risks and regulation. Anwaar is one of the lead organizers of the ECOH Conference which had its first event in Kuwait on May 2018. Before founding the East Chain Co., Anwaar was product development manager at Boursa Kuwait during its initial privatization phase. She started her career in the Kuwait Investment Authority's training program in 2011, in which she interned at State Street's Financial Securities department then later joined the Hedge Fund Department at the KIA. During her 5 years at the KIA, Anwaar trained at Man FRM, AHL, & GLG in New York and London, became a board member of the National Technology Enterprises Company in Kuwait, and is a CFA Charterholder since 2015. Anwaar holds a bachelor's degree in finance from Kuwait University.

Mazin Alnahedh
Mazin Alnahedh
Group CEO
Kuwait Financial House (KFH)

Mr. Alnahedh received his Bachelor's of Science Degree in Business Administration in Finance from California State University - Sacramento in the U.S. in 1993. He completed numerous specialized Executive Programs including the General Management Program (GMP) at Harvard Business School in the U.S. in 2008.

Mr. Alnahedh is currently the Group Chief Executive Officer at Kuwait Finance House since 2014. In addition, Mr. Alnahedh is the Chairman of KFH Capital Investment Company and Board Member of Kuveyt Turk Participation Bank.

Mr. Alnahedh possesses a vast banking experience, spanning more than 25 years. During his professional career, he held numerous prominent leadership roles at the National Bank of Kuwait including his role as a member of the Executive Management from 2010 until 2014, General Manager Consumer Banking Group from 2011 until 2014, General Manager Corporate Banking Group from 2008 until 2011, and General Manager Treasury Group in 2008. In addition, he was promoted to various leadership positions within the Treasury Group from 1993 until 2008.

Ahmad Duaij Al-Sabah
Sheikh Ahmad Duaij Al-Sabah
Chairman
Commercial Bank of Kuwait (CBK)

Sheikh Ahmad Duaij Al Sabah is the Chairman of Commercial Bank of Kuwait since April 1st 2018. Prior to this he was the Vice Chairman of the Bank, specifically from 4/4/2015 to 31/3/2018 and Board Member from 29/4/2012 to 3/4/2015.

Sheikh Ahmad is the Chairman of Al Tijari Financial Brokerage Company, a Board Member in Kuwait Clearing Company and Institute of Banking Studies, and was recently nominated a Deputy Chairman of Kuwait Banking Association.

As the Chairman of the Bank, Sheikh Ahmad is overseeing the Bank's strategy and business objectives along with ensuring that the Bank has in place a sound corporate governance framework a part of his role in establishing a productive relationship between the board and the executive management of the bank. As the Chairman of the Board, Sheikh Ahmad advises the management of strategic planning, challenges and assist in identifying and building pathway to sustainable growth within the Bank's risk appetite. This was clearly materialized with the Bank constantly achieving good profitability levels and enhancing shareholders' values.

Sheikh Ahmad held the position of Manager Project Finance, and Acting Portfolio Manager and Manager in Private Equity at Al Tijari Investment Company (CBK Capital) during the period from 2010 to 2012, prior to that and specifically from 2005 to 2010 he worked with Commercial Bank of Kuwait in the Shareholders Service Unit. Sheikh Ahmad started his career after graduation with Kuwait Petroleum Corporation in the capacity of Corporate Planner.

Sheikh Ahmad Al Sabah graduated with Master of Business Administration from Maastricht School of Management in March 2008 after obtaining his Bachelor degree in Science with a major in Finance from Bentley College - United States of America in May 2000.

Meshaal Jaber Al-Sabah
Sheikh Dr. Meshaal Jaber Al-Sabah
Director General
Kuwait Direct Investment Promotion Authority (KDIPA)

Sheikh Dr. Meshaal Jaber Al-Ahmed Al-Sabah has been Director General of KDIPA since its establishment in July 2013, and chairs the Permanent Committee for Streamlining Business Environment in Kuwait. Prior to that, he was Chief of the Kuwait Foreign Investment Bureau (KFIB) Division under the Ministry of Commerce & Industry from 2008 until 2013, served as Deputy Chairman for the National Offset Company (NOC), and served as a member of the Board of Directors for the Central Bank of Kuwait. He holds a PhD in HR & Marketing Management from the University of Portsmouth (UK), an MBA from Maastricht School of Management, and a BA in Political Science and Public Administration from Kuwait University.

Henadi Al-Saleh
Henadi Al-Saleh
Chair of Board
Agility

Henadi Al-Saleh is the Chairperson of Agility's Board of Directors, and has been designated one the most powerful businesswomen in the Middle East by Forbes Magazine. Al-Saleh oversees the company's corporate governance program while safeguarding the interests of investors and stakeholders. She also leads the company's technology ventures team, which partners with start-ups and entrepreneurs that are reshaping the supply chain. Before joining Agility, Al-Saleh was the head of debt/equity capital markets at NBK Capital in Kuwait. Al-Saleh earned a Bachelor of Economics from Tufts University. She sits on the board of the Gulf Warehousing Company in Qatar.

Fahad Al-Sharekh
Fahad Al-Sharekh
General Manager
TechInvest

Founded TechInvest in 2015 to provide an opportunity for Middle East investors to obtain exposure to private investment opportunities in the technology sector. Techinvest advised and structured several deals in early, growth and late stage VC totaling over $600m in money raised. Over 21 years' experience in global business development, with expertise and specialization in the IT and VC field. Initiated and executed targeted strategies to facilitate joint ventures, partnerships, startups, account generation and public listings of holdings in several capital financial markets including NASDAQ, KSE and DIFC. As CEO of Sakhr Software, he received 3 US patents from US PTO office for Sakhr's proprietary technologies. Played key role in founding 1st Saudi Arabia ISP AWalNet which was acquired by STC in 2006. Developed the first Multilingual Speech to Speech app 'S2S', Language Buddy launched on the App Store in 2009 and was one of the first adopters of "The Cloud". Initiated and supervised the transformation of the 30 year old family IT business company and publicly listing the company on KSE in 2006 under the new name Al Alamiah Technology Group ATG.


Fahad is on the Advisory Board of the Annual Investment Meeting (AIM) in the UAE, which is the premier foreign direct investment-focused event and an initiative of the UAE Ministry of Economy. Fahad is also a consultant at the Kuwait Direct Investment Promotion Authority, KDIPA. Previously a Board Member and subsequently Chairman, of Al Mal Investment Company, which is listed on the Kuwait Stock Exchange, and served on several boards including ATG, Saftec, AwalNet. Fahad serves as a director on the Board of CODED, the First Coding Academy in the GCC, which educates and trains participants in software development and programming using world-class curriculum and instruction by industry experts. The Kuwait-based company is aimed at young men and women across MENA, with engagement on Barmej.com (CODED's online school) exceeding 150,000 coders (and future entrepreneurs).

Waleed AlSharian
Waleed AlSharian
CEO
Mabanee Company (K.P.S.C)

Waleed Alsharian holds a bachelor's degree in Industrial Engineering from North Carolina Agriculture & Technical State University. USA (1984)

Waleed Alsharian was appointed in Mabanee Company in November 2006. He has over 31 years of real estate development, operation, manufacturing, project planning, property management, Investment, maintenance, sales and marketing.

Osama J. Bukhamseen
Osama J. Bukhamseen
Executive Manager
Bukhamseen Group Holding Company

Osama J. Bukhamseen is the Managing Director of Bukhamseen Group Holding Company (BGH). He also severs as the Chairman of Tanmiya Realty Development Co., Osama Bukhamseen Design, and Bukhamseen International Group. On top of that, he serves on the boards of the Real Estate Association of Kuwait, Al-Arabiya Real Estate Co., Ritaj Takaful Insurance Co., Creditone Holding Co., and Kuwait University-College of Engineering and Petroleum. BGH was founded by Bukhamseen's father, Jawad, in 1957 and today is a leading investment and development group in Kuwait and the Middle East, covering sectors as diverse as real estate development, hospitality, travel, and tourism, banking, insurance, industry, IT and media, engineering, and construction. BGH owns and has investments in over 50 sectors worldwide. In a recent Forbes report, BGH placed 41st in the Top 100 Making an Impact in the Arab World list.

Peter Estlin
Peter Estlin
Lord Mayor of the City of London

Alderman Peter Estlin took office as the 691st Lord Mayor of the City of London on 9th November 2018. He served as a Sheriff of the City of London in 2016-17 and, in that capacity, supported the then Lord Mayor on visits and official functions.

His mayoral theme is “Shaping tomorrow's City today”, promoting digital innovation and smart cities, alongside the importance of digital skills and lifelong learning, ensuring that we have the talent to support business and innovation into the future, as well as ensuring that no one is left behind.

Peter is a senior banker with over twenty-five years' experience with Barclays and Citigroup in London, New York and Hong Kong. He trained as a Chartered Accountant, becoming a partner with Coopers & Lybrand in 1993 before joining Salomon Brothers Asia, as regional CFO. Following a series of acquisitions and mergers he then served as CFO for Citigroup's Corporate and Investment Banking divisions in New York and London. In 2001, Peter led the recovery of Citigroup's banking operations in the immediate aftermath of 9/11, helping to stabilise the US banking system in a time of great turbulence. He joined Barclays in 2008 as Group Financial Controller and has been CFO of the Retail & Business Banking and Non-Core divisions as well as Interim Group CFO. He is currently a Senior Advisor to Barclays in London. Over the past 15 years he has set up and overseen banking and finance operations in India and South Africa and has been instrumental in the digitisation of the retail banking industry.

He serves on the Audit Committee of HM Treasury and was latterly Chairman of the British Airways International Advisory Board. He served as a Commissioner on both the Royal Borough of Greenwich and pan-London Fairness Commissions, focusing on equality of opportunity in education and housing. He was elected Alderman for the Ward of Coleman Street in 2013. He is Master of the Worshipful Company of International Bankers (2017/18), a Court Assistant of the Worshipful Companies of Chartered Accountants, Educators, and Ironmongers, and sponsoring Alderman for the newly formed Guild of Human Resource Professionals. He is also a member of the Guild of Freemen and the City Livery Club.

Peter is actively involved with several education and financial inclusion charities, mainly in the UK. Specifically, he has been a governor of Bridewell Royal Hospital for the past 26 years, serving as Chairman for 10 years. He is an Ambassador for OnSide Youth Zones, a pioneering national charity developing 21st century youth facilities in areas of social deprivation. He also supports Teach First, London Youth, VSO and Create.

He was born in Portsmouth to a Royal Naval family and was educated at King Edward's Witley and the University of Bristol, where he served on the Ethics Committee until last year. Peter has been married to Lindy for 30 years. They have three children, James 25, Victoria, 23 and Annabel 21. Peter enjoys cooking, is a chocoholic, and has interests in wine and flying, but not at the same time.

Ayşe Hazır Valentin
Ayşe Hazır Valentin
CEO
The Business Year

Ayşe Hazır Valentin is CEO and co-founder at The Business Year, a global media group specializing in economic news, research on national economies, and business intelligence. Since taking the helm as the company's global CEO, she has overseen a major geographical expansion into many new markets across the Middle East, Africa, Southeast Asia, and Latin America and she is currently orchestrating the company's digital transformation. Before joining TBY, Ayşe worked as Europe, Middle East and Asia Regional Director at Emerging Market Series, a London- and Istanbul-based publishing house, from 2004 to 2009. Prior to that she was Project Director for Eastern Europe, where she coordinated research on countries targeting EU accession. At the start of her career, she also gathered extensive experience as a sectorial business intelligence project director in various geographies, from Oman to the Russian Federation and Indonesia, covering industries such as oil and gas, power, and chemical manufacturing. Ayşe holds a BA in chemistry from Istanbul Boğaziçi University and lives in London. She is a mother of two, a qualified yoga teacher, and an avid sailor.

Philip Kotsis
Philip Kotsis
Partner
Al Tamimi & Company

Philip is a Partner and Co-Head at the Al Tamimi & Company Kuwait office, and is head of the Corporate Commercial department in Kuwait. Prior to joining Al Tamimi in October 2009, Philip was a senior legal consultant with DLA Piper, where he focused primarily in the corporate, commercial, banking and finance sectors.

Philip is a US qualified attorney and has accumulated a broad range of experience in the areas of local and transnational commercial and corporate transactions, corporate establishments, mergers and acquisitions, corporate/joint venture organization, banking and finance as well as substantial experience in the commercial and finance aspects of Kuwait PPP projects. He began his legal career in the U.S., where he gained vast experience in complex commercial transactions, petroleum distribution and marketing transactions and has litigated complex commercial matters before U.S. state and federal courts.

Additionally, Philip is known in Kuwait for his vast skills in complex restructurings (corporate and debt related) and has been deeply involved in Kuwait's large infrastructure projects, including water desalination and power generation plants and wastewater treatment plants.

Philip is consistently recognized and awarded by top global ranking agencies as a leading lawyer in Kuwait and is widely known in Kuwait for his expertise in his areas of practice.

Khaled Mahdi
Khaled Mahdi
Secretary General
Supreme Council for Planning and Development

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Faisal Mansour Sarkhou
Faisal Mansour Sarkhou
CEO
KAMCO

Faisal Sarkhou joined KAMCO's team in 2000 and was last promoted to lead KAMCO in the position of Chief Executive Officer in the first half of 2014 after heading the Corporate Finance Department from 2006 - 2010 and the Financial Services and Investment Division at KAMCO since 2010. Mr. Sarkhou is also the Chairman of Global Investment House as of September 2018. He has extensive experience of over 19 years in investment banking, asset management, financial products as well as financial services. Mr. Sarkhou commenced his career in the late '90s with KPMG Corporate Finance in Kuwait. He serves as a board member on several reputable companies and funds. He also sits on a number of company and investment management committees as well as being a board member and treasurer at the Union of Investment Companies in Kuwait and a member of the advisory board of the College of Business & Economics at the American University of Kuwait. Mr. Sarkhou is also a board member on the Industrial Advisory Board at the Australian College of Kuwait. He is an Economics graduate with honors from the University of Birmingham, UK and holds an EMBA with distinction from HEC Paris, France.

Shaima Salmeen
Shaima Salmeen
Managing Director - Kuwait
Schlumberger

Shaima Salmeen is the managing director for Schlumberger Kuwait, located in the Ahmadi office in Kuwait, a position she assumed since 2017.

Before accepting her new role, Shaima held different degrees of managerial positions; in March of 2010 she was appointed the OFS Account Manager, only to further still reach the next level under the title of GPE Operations Manager. In June 2013, she accepted the role of Geomarket Sales Manager. In January of 2014, she was then titled the EMG Artificial Lift Manager based in Abu Dhabi. Thus, reaching another role as EMG Artificial Lift and Completions Manager, also in Abu Dhabi in March of 2016.

She started her career in Schlumberger in 2001 as a Trainee Field Engineer for the ALS Artificial Lift PR Group (Kuwait, Cairo, Syria and Indonesia). Since then, she continued to work in Kuwait base country and then later in Abu Dhabi, holding different roles and gaining a multitude of experience.

Shaima holds a Bachelor's degree in architectural engineering and structural engineering from the Milwaukee School of Engineering and a Master's Degree from the Maastricht Business School. She is also an active member of the Society of Petroleum Engineers (SPE) and has gained outstanding recognition throughout the years. 2017 Woman Arab Award

Louis Taylor
Louis Taylor
Chief Executive
UK Export Finance (UKEF)

Louis Taylor is Chief Executive of UK Export Finance (UKEF), the UK's export credit agency.

Before joining UKEF, Louis held a range of senior roles at Standard Chartered Bank, including from 2013-15 as Chief Operating Officer of Group Treasury, based in London. Before that, he spent three years as the bank's CEO for Vietnam, Cambodia and Laos, based in Ho Chi Minh City. During this time he was also Vice Chairman of the European Chamber of Commerce in Vietnam (Eurocham). He joined Standard Chartered in London in 2004, working in Group Corporate Development, which undertakes the bank's acquisitions, divestments and other inorganic growth initiatives.

His earlier career included eight years working for JP Morgan in debt capital markets and mergers and acquisitions, and five years in corporate development and strategy with two industrial companies, Cookson Group plc and BTR plc.

Louis is a former chair of trustees of the charity Music in Prisons, which runs music education projects to help rehabilitate offenders, and a former chair of governors of the Royal Grammar School in Newcastle upon Tyne. He has an MA in Law from Cambridge University.

David Walker
David Walker
Head of Public Sector EMEA
Citi

David Walker is head of Citi's public sector banking group for Europe, Middle East and Africa. He commenced this role in January 2015. The business serves governments, central banks, agencies and multilateral organisations across the region, with teams in over 50 countries.

David joined Citi in 1990, and his previous roles include UK Head of Corporate Banking (2011- 2014), Head of Banking for Switzerland (2008-2010), Financial Institutions Group (2004-2008), Industrials Group (2000-2004). Prior to this David had roles in capital markets, derivatives and in transaction services. David is a senior credit officer of the bank and is a Trustee Director of Citibank's UK pension schemes.

David holds a BSc. Economics from the University of St. Andrews in Scotland, and was a Robert T. Jones scholar at Emory University in Atlanta, USA. He is married with two children and lives in London.

Roger Winfield
Roger Winfield
CEO
HSBC Kuwait

Roger Winfield is the Chief Executive Officer for HSBC in Kuwait.

Roger's career in banking stretches back more than 40 years and began with Lloyds Banking Group in the City of London. For the past 34 years, he has worked overseas in a number of Asian countries, South Korea, Japan, Taiwan and Singapore, as well as Mauritius, in the Indian Ocean, Switzerland and the UAE, with Lloyds, Deutsche Bank and for the last 13 years, HSBC.

After being given a solid grounding in all areas of banking with Lloyds, he has worked in a wide variety of roles, including front office positions in Commercial Banking, Investment Banking and Private Wealth Management. In addition, he has fulfilled senior roles in Credit and Risk management.

After an 8 year spell in Dubai with HSBC, he was promoted to be the CEO of the bank's operations in Kuwait in 2015. HSBC is the only British bank operating in the country and is the largest of the foreign banks operating there.

The focus of the business is very much on wholesale banking where the Bank supports large and medium sized corporates, both local and international. There is also a strong investment banking presence and the bank has close relationships with the large Kuwait government linked companies. The local Treasury is a market leader in the provision of RMB foreign exchange services. HSBC's history is deep rooted in trade and there is also active Trade and Payments and Cash Management teams on the ground.

The bank can trace its history in Kuwait back 70 years but after a period of absence, the bank was invited to reestablish in 2005.

BACK

Monday, June 17

Morning

09:00 AM TO
09:10 AM

Welcome address

Ayşe Hazır Valentin
Ayşe Hazır Valentin
CEO, The Business Year
Ayşe Hazır Valentin
Ayşe Hazır Valentin
CEO
The Business Year

Ayşe Hazır Valentin is CEO and co-founder at The Business Year, a global media group specializing in economic news, research on national economies, and business intelligence. Since taking the helm as the company's global CEO, she has overseen a major geographical expansion into many new markets across the Middle East, Africa, Southeast Asia, and Latin America and she is currently orchestrating the company's digital transformation. Before joining TBY, Ayşe worked as Europe, Middle East and Asia Regional Director at Emerging Market Series, a London- and Istanbul-based publishing house, from 2004 to 2009. Prior to that she was Project Director for Eastern Europe, where she coordinated research on countries targeting EU accession. At the start of her career, she also gathered extensive experience as a sectorial business intelligence project director in various geographies, from Oman to the Russian Federation and Indonesia, covering industries such as oil and gas, power, and chemical manufacturing. Ayşe holds a BA in chemistry from Istanbul Boğaziçi University and lives in London. She is a mother of two, a qualified yoga teacher, and an avid sailor.

09:10 AM TO
09:20 AM

Opening keynote address

Meshaal Jaber Al-Sabah
Sheikh Dr. Meshaal Jaber Al-Sabah
Director General, Kuwait Direct Investment Promotion Authority (KDIPA)
Meshaal Jaber Al-Sabah
Meshaal Jaber Al-Sabah
Director General
Kuwait Direct Investment Promotion Authority (KDIPA)

Sheikh Dr. Meshaal Jaber Al-Ahmed Al-Sabah has been Director General of KDIPA since its establishment in July 2013, and chairs the Permanent Committee for Streamlining Business Environment in Kuwait. Prior to that, he was Chief of the Kuwait Foreign Investment Bureau (KFIB) Division under the Ministry of Commerce & Industry from 2008 until 2013, served as Deputy Chairman for the National Offset Company (NOC), and served as a member of the Board of Directors for the Central Bank of Kuwait. He holds a PhD in HR & Marketing Management from the University of Portsmouth (UK), an MBA from Maastricht School of Management, and a BA in Political Science and Public Administration from Kuwait University.

09:20 AM TO
09:35 AM

Speech

Khaled Mahdi
Khaled Mahdi
Secretary General, Supreme Council for Planning and Development
Khaled Mahdi
Khaled Mahdi
Secretary General
Supreme Council for Planning and Development

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09:35 AM TO
10:35 AM

Panel: The increased diversification of the Kuwaiti economy as a fuel for the future

Though a significant portion of its government revenues comes from oil, Kuwait is keen to look into other strategic sectors and encourage greater private sector participation. The nation has identified key opportunities in renewable energy, healthcare, ICT, education, housing, and others that are ripe for investment. Also on the cards is further boosting women's participation in all sectors of the economy, which would further accelerate Kuwait's economic progress.

Waleed AlSharian
Waleed AlSharian
CEO, Mabanee Company (K.P.S.C)
Waleed AlSharian
Waleed AlSharian
CEO
Mabanee Company (K.P.S.C)

Waleed Alsharian holds a bachelor's degree in Industrial Engineering from North Carolina Agriculture & Technical State University. USA (1984)

Waleed Alsharian was appointed in Mabanee Company in November 2006. He has over 31 years of real estate development, operation, manufacturing, project planning, property management, Investment, maintenance, sales and marketing.

Osama J. Bukhamseen
Osama J. Bukhamseen
Executive Manager, Bukhamseen Group Holding Company
Osama J. Bukhamseen
Osama J. Bukhamseen
Executive Manager
Bukhamseen Group Holding Company

Osama J. Bukhamseen is the Managing Director of Bukhamseen Group Holding Company (BGH). He also severs as the Chairman of Tanmiya Realty Development Co., Osama Bukhamseen Design, and Bukhamseen International Group. On top of that, he serves on the boards of the Real Estate Association of Kuwait, Al-Arabiya Real Estate Co., Ritaj Takaful Insurance Co., Creditone Holding Co., and Kuwait University-College of Engineering and Petroleum. BGH was founded by Bukhamseen's father, Jawad, in 1957 and today is a leading investment and development group in Kuwait and the Middle East, covering sectors as diverse as real estate development, hospitality, travel, and tourism, banking, insurance, industry, IT and media, engineering, and construction. BGH owns and has investments in over 50 sectors worldwide. In a recent Forbes report, BGH placed 41st in the Top 100 Making an Impact in the Arab World list.Osama J. Bukhamseen is the Managing Director of Bukhamseen Group Holding Company (BGH). He also severs as the Chairman of Tanmiya Realty Development Co., Osama Bukhamseen Design, and Bukhamseen International Group. On top of that, he serves on the boards of the Real Estate Association of Kuwait, Al-Arabiya Real Estate Co., Ritaj Takaful Insurance Co., Creditone Holding Co., and Kuwait University-College of Engineering and Petroleum. BGH was founded by Bukhamseen's father, Jawad, in 1957 and today is a leading investment and development group in Kuwait and the Middle East, covering sectors as diverse as real estate development, hospitality, travel, and tourism, banking, insurance, industry, IT and media, engineering, and construction. BGH owns and has investments in over 50 sectors worldwide. In a recent Forbes report, BGH placed 41st in the Top 100 Making an Impact in the Arab World list.

Shaima Salmeen
Shaima Salmeen
Managing Director - Kuwait, Schlumberger
Shaima Salmeen
Shaima Salmeen
Managing Director - Kuwait
Schlumberger

Shaima Salmeen is the managing director for Schlumberger Kuwait, located in the Ahmadi office in Kuwait, a position she assumed since 2017.

Before accepting her new role, Shaima held different degrees of managerial positions; in March of 2010 she was appointed the OFS Account Manager, only to further still reach the next level under the title of GPE Operations Manager. In June 2013, she accepted the role of Geomarket Sales Manager. In January of 2014, she was then titled the EMG Artificial Lift Manager based in Abu Dhabi. Thus, reaching another role as EMG Artificial Lift and Completions Manager, also in Abu Dhabi in March of 2016.

She started her career in Schlumberger in 2001 as a Trainee Field Engineer for the ALS Artificial Lift PR Group (Kuwait, Cairo, Syria and Indonesia). Since then, she continued to work in Kuwait base country and then later in Abu Dhabi, holding different roles and gaining a multitude of experience.

Shaima holds a Bachelor's degree in architectural engineering and structural engineering from the Milwaukee School of Engineering and a Master's Degree from the Maastricht Business School. She is also an active member of the Society of Petroleum Engineers (SPE) and has gained outstanding recognition throughout the years. 2017 Woman Arab Award

10:35 AM TO
10:45 AM

Guest Speaker

Louis Taylor
Louis Taylor
Chief Executive, UK Export Finance (UKEF)
Louis Taylor
Louis Taylor
Chief Executive
UK Export Finance (UKEF)

Louis Taylor is Chief Executive of UK Export Finance (UKEF), the UK's export credit agency.

Before joining UKEF, Louis held a range of senior roles at Standard Chartered Bank, including from 2013-15 as Chief Operating Officer of Group Treasury, based in London. Before that, he spent three years as the bank's CEO for Vietnam, Cambodia and Laos, based in Ho Chi Minh City. During this time he was also Vice Chairman of the European Chamber of Commerce in Vietnam (Eurocham). He joined Standard Chartered in London in 2004, working in Group Corporate Development, which undertakes the bank's acquisitions, divestments and other inorganic growth initiatives.

His earlier career included eight years working for JP Morgan in debt capital markets and mergers and acquisitions, and five years in corporate development and strategy with two industrial companies, Cookson Group plc and BTR plc.

Louis is a former chair of trustees of the charity Music in Prisons, which runs music education projects to help rehabilitate offenders, and a former chair of governors of the Royal Grammar School in Newcastle upon Tyne. He has an MA in Law from Cambridge University.

10:45 AM TO
11:00 AM

Interview

Mazin Alnahedh
Mazin Alnahedh
Group CEO, Kuwait Financial House (KFH)
Mazin Alnahedh
Mazin Alnahedh
Group CEO
Kuwait Financial House (KFH)

Mr. Alnahedh received his Bachelor's of Science Degree in Business Administration in Finance from California State University - Sacramento in the U.S. in 1993. He completed numerous specialized Executive Programs including the General Management Program (GMP) at Harvard Business School in the U.S. in 2008.

Mr. Alnahedh is currently the Group Chief Executive Officer at Kuwait Finance House since 2014. In addition, Mr. Alnahedh is the Chairman of KFH Capital Investment Company and Board Member of Kuveyt Turk Participation Bank.

Mr. Alnahedh possesses a vast banking experience, spanning more than 25 years. During his professional career, he held numerous prominent leadership roles at the National Bank of Kuwait including his role as a member of the Executive Management from 2010 until 2014, General Manager Consumer Banking Group from 2011 until 2014, General Manager Corporate Banking Group from 2008 until 2011, and General Manager Treasury Group in 2008. In addition, he was promoted to various leadership positions within the Treasury Group from 1993 until 2008.

11:00 AM TO
12:00 PM

Panel: Kuwait's financial sector: cornerstone of the country's privatization

After several reforms, Kuwait's financial sector is now stronger than ever. The recent privatization of Kuwait's Stock Exchange and the active participation of a reborn banking sector will be essential in Kuwait's privatization process.

Ahmad Duaij Al-Sabah
Sheikh Ahmad Duaij Al-Sabah
Chairman, Commercial Bank of Kuwait (CBK)
Ahmad Duaij Al-Sabah
Ahmad Duaij Al-Sabah
Chairman
Commercial Bank of Kuwait (CBK)

Sheikh Ahmad Duaij Al Sabah is the Chairman of Commercial Bank of Kuwait since April 1st 2018. Prior to this he was the Vice Chairman of the Bank, specifically from 4/4/2015 to 31/3/2018 and Board Member from 29/4/2012 to 3/4/2015.

Sheikh Ahmad is the Chairman of Al Tijari Financial Brokerage Company, a Board Member in Kuwait Clearing Company and Institute of Banking Studies, and was recently nominated a Deputy Chairman of Kuwait Banking Association.

As the Chairman of the Bank, Sheikh Ahmad is overseeing the Bank's strategy and business objectives along with ensuring that the Bank has in place a sound corporate governance framework a part of his role in establishing a productive relationship between the board and the executive management of the bank. As the Chairman of the Board, Sheikh Ahmad advises the management of strategic planning, challenges and assist in identifying and building pathway to sustainable growth within the Bank's risk appetite. This was clearly materialized with the Bank constantly achieving good profitability levels and enhancing shareholders' values.

Sheikh Ahmad held the position of Manager Project Finance, and Acting Portfolio Manager and Manager in Private Equity at Al Tijari Investment Company (CBK Capital) during the period from 2010 to 2012, prior to that and specifically from 2005 to 2010 he worked with Commercial Bank of Kuwait in the Shareholders Service Unit. Sheikh Ahmad started his career after graduation with Kuwait Petroleum Corporation in the capacity of Corporate Planner.

Sheikh Ahmad Al Sabah graduated with Master of Business Administration from Maastricht School of Management in March 2008 after obtaining his Bachelor degree in Science with a major in Finance from Bentley College - United States of America in May 2000.

Faisal Mansour Sarkhou
Faisal Mansour Sarkhou
CEO, KAMCO
Faisal Mansour Sarkhou
Faisal Mansour Sarkhou
CEO
KAMCO

Faisal Sarkhou joined KAMCO's team in 2000 and was last promoted to lead KAMCO in the position of Chief Executive Officer in the first half of 2014 after heading the Corporate Finance Department from 2006 - 2010 and the Financial Services and Investment Division at KAMCO since 2010. Mr. Sarkhou is also the Chairman of Global Investment House as of September 2018. He has extensive experience of over 19 years in investment banking, asset management, financial products as well as financial services. Mr. Sarkhou commenced his career in the late '90s with KPMG Corporate Finance in Kuwait. He serves as a board member on several reputable companies and funds. He also sits on a number of company and investment management committees as well as being a board member and treasurer at the Union of Investment Companies in Kuwait and a member of the advisory board of the College of Business & Economics at the American University of Kuwait. Mr. Sarkhou is also a board member on the Industrial Advisory Board at the Australian College of Kuwait. He is an Economics graduate with honors from the University of Birmingham, UK and holds an EMBA with distinction from HEC Paris, France.

David Walker
David Walker
Head of Public Sector EMEA, Citi
David Walker
David Walker
Head of Public Sector EMEA
Citi

David Walker is head of Citi's public sector banking group for Europe, Middle East and Africa. He commenced this role in January 2015. The business serves governments, central banks, agencies and multilateral organisations across the region, with teams in over 50 countries.

David joined Citi in 1990, and his previous roles include UK Head of Corporate Banking (2011- 2014), Head of Banking for Switzerland (2008-2010), Financial Institutions Group (2004-2008), Industrials Group (2000-2004). Prior to this David had roles in capital markets, derivatives and in transaction services. David is a senior credit officer of the bank and is a Trustee Director of Citibank's UK pension schemes.

David holds a BSc. Economics from the University of St. Andrews in Scotland, and was a Robert T. Jones scholar at Emory University in Atlanta, USA. He is married with two children and lives in London.

Roger Winfield
Roger Winfield
CEO, HSBC Kuwait
Roger Winfield
Roger Winfield
CEO
HSBC Kuwait

Roger Winfield is the Chief Executive Officer for HSBC in Kuwait.

Roger's career in banking stretches back more than 40 years and began with Lloyds Banking Group in the City of London. For the past 34 years, he has worked overseas in a number of Asian countries, South Korea, Japan, Taiwan and Singapore, as well as Mauritius, in the Indian Ocean, Switzerland and the UAE, with Lloyds, Deutsche Bank and for the last 13 years, HSBC.

After being given a solid grounding in all areas of banking with Lloyds, he has worked in a wide variety of roles, including front office positions in Commercial Banking, Investment Banking and Private Wealth Management. In addition, he has fulfilled senior roles in Credit and Risk management.

After an 8 year spell in Dubai with HSBC, he was promoted to be the CEO of the bank's operations in Kuwait in 2015. HSBC is the only British bank operating in the country and is the largest of the foreign banks operating there.

The focus of the business is very much on wholesale banking where the Bank supports large and medium sized corporates, both local and international. There is also a strong investment banking presence and the bank has close relationships with the large Kuwait government linked companies. The local Treasury is a market leader in the provision of RMB foreign exchange services. HSBC's history is deep rooted in trade and there is also active Trade and Payments and Cash Management teams on the ground.

The bank can trace its history in Kuwait back 70 years but after a period of absence, the bank was invited to reestablish in 2005.

Afternoon

12:00 PM TO
12:15 PM

Guest speaker

Peter Estlin
Peter Estlin
Lord Mayor of the City of London,
Peter Estlin
Peter Estlin
Lord Mayor of the City of London

Alderman Peter Estlin took office as the 691st Lord Mayor of the City of London on 9th November 2018. He served as a Sheriff of the City of London in 2016-17 and, in that capacity, supported the then Lord Mayor on visits and official functions.

His mayoral theme is “Shaping tomorrow's City today”, promoting digital innovation and smart cities, alongside the importance of digital skills and lifelong learning, ensuring that we have the talent to support business and innovation into the future, as well as ensuring that no one is left behind.

Peter is a senior banker with over twenty-five years' experience with Barclays and Citigroup in London, New York and Hong Kong. He trained as a Chartered Accountant, becoming a partner with Coopers & Lybrand in 1993 before joining Salomon Brothers Asia, as regional CFO. Following a series of acquisitions and mergers he then served as CFO for Citigroup's Corporate and Investment Banking divisions in New York and London. In 2001, Peter led the recovery of Citigroup's banking operations in the immediate aftermath of 9/11, helping to stabilise the US banking system in a time of great turbulence. He joined Barclays in 2008 as Group Financial Controller and has been CFO of the Retail & Business Banking and Non-Core divisions as well as Interim Group CFO. He is currently a Senior Advisor to Barclays in London. Over the past 15 years he has set up and overseen banking and finance operations in India and South Africa and has been instrumental in the digitisation of the retail banking industry.

He serves on the Audit Committee of HM Treasury and was latterly Chairman of the British Airways International Advisory Board. He served as a Commissioner on both the Royal Borough of Greenwich and pan-London Fairness Commissions, focusing on equality of opportunity in education and housing. He was elected Alderman for the Ward of Coleman Street in 2013. He is Master of the Worshipful Company of International Bankers (2017/18), a Court Assistant of the Worshipful Companies of Chartered Accountants, Educators, and Ironmongers, and sponsoring Alderman for the newly formed Guild of Human Resource Professionals. He is also a member of the Guild of Freemen and the City Livery Club.

Peter is actively involved with several education and financial inclusion charities, mainly in the UK. Specifically, he has been a governor of Bridewell Royal Hospital for the past 26 years, serving as Chairman for 10 years. He is an Ambassador for OnSide Youth Zones, a pioneering national charity developing 21st century youth facilities in areas of social deprivation. He also supports Teach First, London Youth, VSO and Create.

He was born in Portsmouth to a Royal Naval family and was educated at King Edward's Witley and the University of Bristol, where he served on the Ethics Committee until last year. Peter has been married to Lindy for 30 years. They have three children, James 25, Victoria, 23 and Annabel 21. Peter enjoys cooking, is a chocoholic, and has interests in wine and flying, but not at the same time.

12:15 PM TO
12:45 PM

Coffee break

12:45 PM TO
01:00 PM

Company dialog

01:00 PM TO
02:00 PM

​Panel: Digital economy and entrepreneurship

With a nationwide bid to promote digital transformation and spur economic diversifcation, Kuwait seeks to leverage digitization to boost its standing as a digital hub in the region. The nation has established incubators and accelerators to inspire a new generation of Kuwaiti, tech-savvy innovators. How can Kuwait further capitalize on its digital transformation and drive further innovation?

Abdullah Al Mutawa
Abdullah Al Mutawa
Chairman, Carriage
Abdullah Al Mutawa
Abdullah Al Mutawa
Chairman
Carriage

Abdullah Jehad Almutawa the founder of Carriage graduated with a Civil Engineering degree from the states and worked at Schlumberger for a few years. Shortly after that, Al Mutawa opened up his own restaurant in Kuwait City called the Stack, which led him to founding Carriage. Carriage was the first service of its kind in Kuwait to combine online food ordering and delivery in one platform.

Athbi Alenezi
Athbi Alenezi
Managing Partner, Just Clean
Athbi Alenezi
Athbi Alenezi
Managing Partner
Just Clean

Athbi is the Joint Managing Partner and one of the Co-Founders of Justclean.

Prior to establishing the business, Athbi worked in the banking sector where he gained invaluable knowledge in the field of human resources.

Athbi was born and raised in Kuwait until his late teens when he moved to the United Kingdom. Upon completion his education, he embarked upon a career in the hospitality industry which offered him significant experience of consumer behavior.

Upon his return to Kuwait, whilst still in the banking sector, Athbi along with his brother Nouri Al Enezi, inspired by the fast-moving e-commerce industry in the region, decided to set up the first laundry market place application. They took their motivation from the leading, local e- commerce pioneers and saw an opportunity to merge the traditional method of cleaning with the advancements that the technology sector had to offer.

Together they launched Masbagti in April of 2016 and in February 2017 the business partnered with Faith Capital and was successfully re-launched under the new branding of Justclean.

Anwaar AlMahmeed
Anwaar AlMahmeed
Co-Founder, East Chain Co.
Anwaar AlMahmeed
Anwaar AlMahmeed
Co-Founder
East Chain Co.

Anwaar AlMahmeed is the co-founder of the East Chain Co. The East Chain Co. is an investment firm that was established in 2017 with the goal of investing in, developing, and implementing blockchain technology and other distributed technology. The East Chain Open Hub (ECOH) is a conference focused on gathering people from around the world to discuss the exciting new opportunities offered by distributed technologies, as well as its risks and regulation. Anwaar is one of the lead organizers of the ECOH Conference which had its first event in Kuwait on May 2018. Before founding the East Chain Co., Anwaar was product development manager at Boursa Kuwait during its initial privatization phase. She started her career in the Kuwait Investment Authority's training program in 2011, in which she interned at State Street's Financial Securities department then later joined the Hedge Fund Department at the KIA. During her 5 years at the KIA, Anwaar trained at Man FRM, AHL, & GLG in New York and London, became a board member of the National Technology Enterprises Company in Kuwait, and is a CFA Charterholder since 2015. Anwaar holds a bachelor's degree in finance from Kuwait University.

Henadi Al-Saleh
Henadi Al-Saleh
Chair of Board, Agility
Henadi Al-Saleh
Henadi Al-Saleh
Chair of Board
Agility

Henadi Al-Saleh is the Chairperson of Agility's Board of Directors, and has been designated one the most powerful businesswomen in the Middle East by Forbes Magazine. Al-Saleh oversees the company's corporate governance program while safeguarding the interests of investors and stakeholders. She also leads the company's technology ventures team, which partners with start-ups and entrepreneurs that are reshaping the supply chain. Before joining Agility, Al-Saleh was the head of debt/equity capital markets at NBK Capital in Kuwait. Al-Saleh earned a Bachelor of Economics from Tufts University. She sits on the board of the Gulf Warehousing Company in Qatar.

Fahad Al-Sharekh
Fahad Al-Sharekh
General Manager, TechInvest
Fahad Al-Sharekh
Fahad Al-Sharekh
General Manager
TechInvest

Founded TechInvest in 2015 to provide an opportunity for Middle East investors to obtain exposure to private investment opportunities in the technology sector. Techinvest advised and structured several deals in early, growth and late stage VC totaling over $600m in money raised. Over 21 years' experience in global business development, with expertise and specialization in the IT and VC field. Initiated and executed targeted strategies to facilitate joint ventures, partnerships, startups, account generation and public listings of holdings in several capital financial markets including NASDAQ, KSE and DIFC. As CEO of Sakhr Software, he received 3 US patents from US PTO office for Sakhr's proprietary technologies. Played key role in founding 1st Saudi Arabia ISP AWalNet which was acquired by STC in 2006. Developed the first Multilingual Speech to Speech app 'S2S', Language Buddy launched on the App Store in 2009 and was one of the first adopters of "The Cloud". Initiated and supervised the transformation of the 30 year old family IT business company and publicly listing the company on KSE in 2006 under the new name Al Alamiah Technology Group ATG.


Fahad is on the Advisory Board of the Annual Investment Meeting (AIM) in the UAE, which is the premier foreign direct investment-focused event and an initiative of the UAE Ministry of Economy. Fahad is also a consultant at the Kuwait Direct Investment Promotion Authority, KDIPA. Previously a Board Member and subsequently Chairman, of Al Mal Investment Company, which is listed on the Kuwait Stock Exchange, and served on several boards including ATG, Saftec, AwalNet. Fahad serves as a director on the Board of CODED, the First Coding Academy in the GCC, which educates and trains participants in software development and programming using world-class curriculum and instruction by industry experts. The Kuwait-based company is aimed at young men and women across MENA, with engagement on Barmej.com (CODED's online school) exceeding 150,000 coders (and future entrepreneurs).

02:00 PM TO
02:15 PM

Closing keynote address

Philip Kotsis
Philip Kotsis
Partner, Al Tamimi & Company
Philip Kotsis
Philip Kotsis
Partner
Al Tamimi & Company

Philip is a Partner and Co-Head at the Al Tamimi & Company Kuwait office, and is head of the Corporate Commercial department in Kuwait. Prior to joining Al Tamimi in October 2009, Philip was a senior legal consultant with DLA Piper, where he focused primarily in the corporate, commercial, banking and finance sectors.

Philip is a US qualified attorney and has accumulated a broad range of experience in the areas of local and transnational commercial and corporate transactions, corporate establishments, mergers and acquisitions, corporate/joint venture organization, banking and finance as well as substantial experience in the commercial and finance aspects of Kuwait PPP projects. He began his legal career in the U.S., where he gained vast experience in complex commercial transactions, petroleum distribution and marketing transactions and has litigated complex commercial matters before U.S. state and federal courts.

Additionally, Philip is known in Kuwait for his vast skills in complex restructurings (corporate and debt related) and has been deeply involved in Kuwait's large infrastructure projects, including water desalination and power generation plants and wastewater treatment plants.

Philip is consistently recognized and awarded by top global ranking agencies as a leading lawyer in Kuwait and is widely known in Kuwait for his expertise in his areas of practice.

02:15 PM TO
02:30 PM

Closing remarks

Ayşe Hazır Valentin
Ayşe Hazır Valentin
CEO, The Business Year
Ayşe Hazır Valentin
Ayşe Hazır Valentin
CEO
The Business Year

Ayşe Hazır Valentin is CEO and co-founder at The Business Year.

02:30 PM TO
05:00 PM

Networking lunch

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