News

Haethum Buttikhi Appointed CEO of Jordan Kuwait Bank

Jordan Kuwait Bank (JKB) announced the appointment of Mr. Haethum Samih Buttikhi as the Chief Executive Officer (CEO), effective 06/05/2021, upon obtaining the approval of the Central Bank of Jordan. Following this appointment, Mr. Buttikhi expressed, on his behalf and on behalf of all the staff at JKB, his utmost appreciation and gratitude to the former Chairman of the Board of Directors, His Excellency Mr. Abdel Karim Kabariti, for the trust bestowed upon him and all the employees to preserve and build on the great achievements of Jordan Kuwait Bank. Mr. Buttikhi also mentioned in his address to the employees that he is optimistic that together they will be able to deal with prevailing challenges, as well as harness them to become opportunities that contribute to the Bank's growth and continuous development, adding that his optimism stems from his conviction that the Bank has exemplary competencies driving the Bank’s achievements, innovation and creativity. The approval of the Central Bank of Jordan to appoint Mr. Buttikhi and the new executive management members comes after the General Assembly Meeting held the previous week, in which Mr. Kabariti stated that the decision to appoint Mr. Buttikhi as CEO of the Bank and his team from the executive management, comes with the aim of allowing the young energies within the bank to drive the necessary effort to meet the existing and future challenges. Mr. Buttikhi has extensive banking experience spanning over 18 years, during which he has held a number of managerial positions in the Bank;  including the Manager of the Main Branch, then Executive Manager of the Private Banking Unit, followed by Head of Retail and Private Banking until his appointment as the Chief Executive Officer. Mr. Buttikhi holds a degree from the Royal Military Academy "Sandhurst" - UK, in addition to a Bachelor degree in Political Science & International Relations from Kent University - UK. He also holds many positions and memberships in the boards of directors at a number of companies: Chairman, Ejara Leasing Co. (fully owned subsidiary) Chairman, Specialized Management Co. For Investment & Financial Advisory  (fully owned subsidiary) Chairman, United Financial Investments Co. Board member, Quds Bank / Representative of Jordan Kuwait Bank Board of Trustees, The Jordan Museum Board Member, Queen Rania Foundation Board Member, Jordan Institute of Directors Board Member, Al-Dhia’ Association For Education and Training of Visually Impaired Children It is worth noting that it was also announced that the Central Bank of Jordan approved the appointment of the new members of the Board of Directors, which the General Assembly of shareholders agreed to appoint on 04/05/2021, and that the new Board of Directors elected H.E. Mr. Nasser Lozi as Chairman of the Board, whom has succeeded in the many leading positions he has held in both the public and private sectors. On the day following his election as Chairman of the Board of Directors, H.E. Mr. Lozi addressed the Bank’s employees, during which he thanked the General Assembly of Shareholders and the Board of Directors, headed by the former Chairman, Mr. Abdel Karim Kabariti, for their confidence, and stated: “What Jordan Kuwait Bank has achieved under the leadership of the former Chairman puts on our shoulders a great responsibility to preserve these achievements, and further elevate the bank to a new stage of achievement, excellence, leadership and active participation in developing shareholders' equity and stimulating the Jordanian economy”.