Latest news with #Al-Mattar
Kuwait Times
2 days ago
- Business
- Kuwait Times
Burgan Bank participates in IDC Kuwait CIO Summit
KUWAIT: Burgan Bank recently participated in the IDC Kuwait CIO Summit 2025, held under the theme 'Architecting an AI-Fueled Business' at Courtyard by Marriott Kuwait City, where it joined more than 150 industry leaders from public and private sectors to engage in vital industry conversations on the latest market-shaping technologies. Barrak Al-Mattar, General Manager – Information Technology, contributing to the summit's agenda and priorities. The Bank's participation aligns with its forward-looking digital transformation strategy, comprehensive social responsibility program, and committed adherence to environmental, social, and governance (ESG) best practices. 'It's an honor to represent Burgan Bank at an event as influential as the IDC Kuwait CIO Summit, which serves as a key enabler for driving forward momentum in our technologically fast-moving industry, while discussing the best localized courses of action that serve Kuwait's digital transformation, in line with the nationwide strategy and New Kuwait Vision 2035,' said Al-Mattar. He added that Burgan Bank's commitment to digitally transforming the banking experience it offers customers centers not only on convenience and speed but also on inclusivity and accessibility, noting that digital banking continues to be a primary pillar supporting the growth of entrepreneurship and SME growth in Kuwait. Other facets of the digital revolution in banking extend to vital considerations such as sustainability, which digitalization supports through reducing the carbon footprint, responsibly and consciously disposing of electronic waste, among other positive influences. In addition, Burgan Bank continues to utilize the latest technologies to fortify its cybersecurity systems, with the support of advanced AI capabilities, while operating within the responsible parameters of governance. This commitment is further reinforced through adherence to ISO standards and full compliance with the Central Bank of Kuwait's (CBK) regulations, underscoring the Bank's dedication to security, integrity and regulatory alignment. The 2025 edition of the summit centered on the key themes including the widespread adoption of artificial intelligence (AI), digital business strategies, digital economy trends, data platforms for the intelligent enterprise, data-driven customer experience (CX) transformation, the future of work, digital trust and security, Industry 4.0, sustainability, software innovation and modern app development, and the future of digital infrastructure. It is worth noting that Al-Mattar was awarded the 'Legend CIO' award in the '20+ years' experience in the field' category, as part of the World CIO 200 Summit's recognition of the most influential IT leaders in their respective industries worldwide in 2024. The Bank's unwavering commitment to leading with innovation and deploying digital transformation as one of its strategic pillars of success continues to cement its philosophy to be 'Driven by You' and vision to be the most modern and progressive bank in Kuwait.
Zawya
18-02-2025
- Business
- Zawya
NBK strengthens longstanding partnership with LOYAC through a strategic agreement
Al-Mattar: We are committed to making a lasting impact that underscores the bank's dedication to sustainability and social responsibility - Our collaboration with LOYAC stands as a model for effective partnership between the banking sector and civil society organizations Al-Saqqaf: This agreement embodies a shared vision aimed at fostering a more sustainable future for Kuwait - Together with NBK, we are actively addressing environmental and climate challenges while championing the principles of social responsibility As part of the continuing collaboration between National Bank of Kuwait (NBK) and LOYAC, both parties have signed the "Sustainability for Kuwait" agreement—a strategic partnership dedicated to empowering and developing Kuwaiti youth while fostering a more sustainable future. As part of the ongoing agreement, NBK is collaborating with LOYAC to implement hands-on training programs that equip young people with the knowledge and skills to drive environmental and social change. By fostering greater awareness and responsibility, the initiative aims to create a lasting positive impact, aligning with the growing global focus on climate change, global warming, and their far-reaching effects on the economy and society. The practical programs will prioritize environmental impact through a range of sustainability-driven initiatives, including planting diverse tree species, promoting regenerative farming practices, enhancing soil health, and advocating for water conservation and sustainable agriculture. Additionally, the programs will incorporate innovative solutions such as plastic recycling for prostheses and waste-to-energy initiatives. Marking this milestone, Manal Al-Mattar, Head of Group Corporate Communications at National Bank of Kuwait stated: 'As a responsible and sustainable financial institution, we remain committed to driving positive change and making a lasting impact. Our ongoing efforts over the years reflect our dedication to social responsibility, advancing sustainability practices, and supporting the country's agenda to reduce carbon emissions.' 'Our long-standing partnership with LOYAC stands as a successful model of collaboration between the banking sector and civil society institutions. Through this alliance, we aim to support initiatives that align with our vision for environmental, social, and corporate sustainability. By launching impactful programs, we seek to empower young people, develop their skills, and deepen their awareness of sustainability and environmental conservation,' she added. She emphasized that this agreement is not merely a short-term initiative, but a shared vision aimed at creating a tangible and lasting impact. She also highlighted NBK's unwavering commitment to driving positive changes and enhancing the well-being of the communities it serves, with a steadfast focus on investing in community development and providing meaningful opportunities for youth empowerment and growth. Emphasizing the significance of this collaboration, Ms. Faraa Al-Saqqaf, Chairperson and Managing Director at LOYAC, stated: 'Our strategic partnership with NBK stands as a testament to our shared commitment to sustainability. This agreement is more than just cooperation between two institutions—it reflects a unified vision to build a more sustainable future for Kuwait while reinforcing our responsibility toward society and the environment.' 'Together with NBK, we are committed to tackling environmental and climate challenges, championing social responsibility, and equipping young people with the skills and knowledge to become future leaders in driving a more sustainable society,' Al-Saqqaf affirmed. NBK has consistently led the way in supporting projects and initiatives that drive sustainability efforts. The bank has made significant strides in ESG efforts, embedding sustainability as a core pillar across its business models, operations, and corporate culture. This commitment reinforces the transition to a sustainable, low-carbon economy, aligning with Kuwait's strategic agenda and national development plan.
