CBK Directory

The Governor's Office is entrusted with the responsibility of facilitating, organizing and coordinating all communications related to the Governor with the internal departments and offices, and the external entities.

Mohammad A. Al-Awadhi

Manager, Office of the Governor

Supervising all affairs related to the Deputy Governor's Office, following-up on the implementation of decisions and recommendations emerging from meetings held by the Deputy Governor, following-up on the organization of data and information, as well as maintaining their confidentiality.

Dr. Ahmad A. Aldeai

Manager, Office of the Deputy Governor

The Internal Audit office reports directly to the Central Bank of Kuwait’s Board of Directors in order to exercise its authorities, competences and responsibilities independently without subjecting to the authority of any other department in CBK. Therefore, the Internal Audit office sends its audit reports and recommendations to the Board of Directors directly.

Objectives, authorities, and competences of the Internal Audit office:

  • Safeguarding all CBK's assets, and applying procedures that ensure efficiency and productivity, as well as validating all liabilities while considering economic methodology in operations and regulations.
  • Reviewing internal control systems for CBK's operations, ensuring the effectiveness of their applications and submitting reports of any possible gaps attached with recommendations of corrective action.
  • Ensuring adequacy and proper progress of oversight and security arrangements.
  • Working with other departments to determine the transactions that need auditing before or after their implementation as well as identifying transactions that require full audit or sampling.
  • Supervising by collaborating with relevant officials on the implementation of new processes that would affect oversight and auditing procedures.
  • Ensuring that all transactions are recorded according to the instruction and regulations issued by the CBK and under Generally Accepted Accounting Principles.
  • Verifying that the budget balance sheet, along with the profit and loss account, truly reflect the financial position.
  • Supervising budget expenditure items.
  • Collaborating with other departments to address financing and accounting issues that arise during work.
  • Cooperating with the CBK’s external auditors.
  • Developing audit systems and programs in the bank while following up with global developments in Internal Audit.
  • Submitting reports and recommendations to the Central Bank of Kuwait’s Board of Directors regarding the observations and critical findings.
  • Supervising automated systems and assuring that proper security systems are in place.

Sheikh Mohammad S. Al-Sabah

Manager, Internal Audit Office

Mustafa M. Al-Mazidi

Deputy Manager, Internal Audit Office, Operations Affairs

Muna G. Malak

Acting Deputy Manager, Internal Audit Office, Information Technology Affairs

The Committee shall play a role in presenting opinions and counsel to the Central Bank of Kuwait on Shari’ah compliance of financial transactions between the Central Bank and Islamic banks and finance institutions, on the instructions the CBK issues to these institutions. The Committee will also propose general guidelines for products and services they offer. It shall also propose controls to regulate the business of Shari’ah supervision bodies, conduct internal and external Shari’ah audits, and govern the activities related to Fatwa and Shari’ah supervision at Islamic banks and finance institutions.

The Committee will also preapprove candidates for membership on Shari’ah Boards at Islamic banks and finance institutions, issue final decisions where Shari’ah supervision authorities deliberations are inconclusive, and present Shari’ah-based opinions on matters referred to it by the courts or arbitration centers relating to issues of Islamic banking and finance business.

Zaid B. Al-Rukhayyes

The Secretariat of the Higher Committee of Shari’ah Supervision


The main objectives of the legal office are to monitor the implementation of the provisions of the CBK Law, to ensure that the Bank’s activities are conducted in accordance with Law, and to provide consultation regarding all legal activities concerning the application of the provisions of CBK Law, rules and regulations in force in the Bank’s various departments and related external bodies.


  • Applying provisions of the CBK Law, rules and regulations issued by the Bank, and recommending amendments, as needed.
  • Preparing drafts of the regulations and provisions issued by the Board of Directors of CBK or by the Governor.
  • Preparing contracts and agreements involving CBK.
  • Responding to questions and inquiries from departments inside the Bank, or from third parties outside the Bank concerning the application of provisions of the CBK Law, rules, regulations, decisions in force, as well as all legal matters involving CBK.
  • Conducting necessary investigations of the administrative offences of CBK employees.
  • Preparing statements of legal rules and procedures of the banking operations conducted by CBK with others, such as cheque cashing, and documentation letters of credits and assuring their conformity under law.
  • Preparing studies of proposed or approved legislation related to CBK or to banks and finance companies.
  • Preparing legal opinions issued to the banks and to other third parties and carrying out cases involving CBK.

Mohamed A. Shafik

Acting Manager, Legal Office

The objective of the Financial Stability Office (FSO) is to ensure the resilience of the financial system against unanticipated adverse shocks. To carry out its responsibilities, the FSO pursues a forward-looking approach to address vulnerabilities, identify and analyze system-wide risks, and alleviate the impact of financial stress by applying an early warning system based on an objective assessment of risks. The FSO utilizes financial stress testing and macroeconomic models in identifying key vulnerabilities and suggesting appropriate corrective measures. Moreover, the office assists in maintaining an effective internal supervisory system, and promoting sound risk management and governance practices within the financial institutions.

Haya B. Al-Humaidi

Manager, Financial Stability Office

Mariam R. Abdulsalam

Deputy Manager, Financial Stability Office

A primary role delegated to the Macroprudential Supervision Unit is defining CBK’s macroprudential policy and appropriate tools required to confine systemic risks. The unit adopts an early warning approach that aims to identify potential vulnerabilities through careful analysis of financial and economic data. Moreover, the unit runs periodic stress tests and risks assessment models to ensure the stability and resilience of the financial system.

Head, Macroprudential Supervision Unit

The Financial Analysis Unit prepares periodic reports and recommendations related to enhancing the integrity and stability of the financial system by analyzing statistical and financial data, and reviewing and enhancing financial soundness indicators.

The unit is also responsible for monitoring developments in local and global markets in order to assess their impact on the resilience of the banking and financial sector as a whole.

Mariam R. Abdulsalam

Head, Financial Analysis Unit

The Center of Excellence seeks to build upon the existing innovative culture at CBK and to enhance the organization qualitatively.

Farah S. Al-Essa

Manager, Center of Excellence

The Supervision Sector is tasked with following up on implementation of provisions of Chapter III of CBK Law 32/1968 and amendments thereto and the guidelines and instructions issued virtue of the law to guarantee the integrity and stability of the banking and financial system in such manner that protects customers’ money and also following up on realization of monetary and credit policy objectives. It also has a mandate to oversee and supervise banking and financial system units to guarantee satisfaction of provisions of Law No. 106 of 2013 Regarding the Combating of Money Laundering and Financing of Terrorism.

Waleed M. Al-Awadhi

Executive Director, Supervision Sector

The Information Systems Coordination and Supervision Unit is responsible for verifying the compliance by the CBK-regulated financial and banking institutions with CBK decisions related to information technology (except electronic payment and settlement systems) and developing information systems of the Supervision Sector.

In addition, the unit reviews requests by CBK-regulated financial institutions for the use of information systems and technology and presents its technical recommendations to CBK top management.

Basel M. Al-Hashash

Head, IS Coordination and Supervision Unit

The Documents Management Unit manages the automated archiving system to store the documents of the Supervision Sector in a manner that ensures follow-up and monitoring thereof. It also presents recommendations to retain and reinforce the confidentiality and security of the system. The Unit is also responsible for security of all documents and the appropriate storage thereof in the designated files, manually and automatically, to ensure the easy, swift and timely retrieval thereof.

Anwar A. Al-Suwailim

Head, Document Management Unit

The On-Site Supervision Department has the responsibility of monitoring the activities of banking and financial institutions [banks, investment companies (with respect to finance activity), financing companies, and exchange companies], to ensure their compliance with provision of relevant laws and supervisory policies and regulations. The department is also tasked with overseeing the combating of money-laundering and questionable transactions, and proposing policies, guidelines, and instructions needed in this regard.

Abdulhameed D. Al-Awadh

Manager, On-Site Supervision Department

Heshmah M. Al-Enzi

Deputy Manager, On-Site Supervision Department

The Off-Site Supervision Department has the responsibility of monitoring execution of off-site supervision work related to the activities of the banking and financial institutions subject to CBK supervision, aiming to ascertain the soundness and stability of banking and financial system units. The department receives the periodic financial and statistical report of all units subject to CBK supervision. It is also tasked with following up implementation of works necessary for issue of supervisory systems, instructions, and guidelines for these units and with assessing emerging banking and financial phenomena and their implications on the safety and soundness of units of the banking and financial system, as well as following up on execution of the banking risks system and guidelines towards implementation thereof. The unit also follows up matters related to any laws, systems, or decisions relevant to department tasks. It is also the department responsible for communication and contact with external auditors of units subject to CBK supervision, should need arise.

Mohammad B. Al-Khamis, Ph.D

Acting Manager, Off-Site Supervision Department

Marzouq G. Al-Otaibi

Deputy Manager, Off-Site Supervision Department, Statistics & Credit Affairs

Zaid B. Al-Rukhayyes

Deputy Manager, Off-Site Supervision Department, Supervision & Policies Affairs

The main tasks of the Executive Director of Organization and Administration Sector are to supervise the functions of the Human Resources Department such as: providing individualized services in personnel affairs, developing plans and programs that aim at improving ways and methods of work in addition to the level of staff performance, as well as developing and updating the CBK personnel career tracks.

Furthermore, the sector is responsible for supervising the tasks of the Administrative Services Department's functions of the Security and Safety Section and the Maintenance Section, as well as following-up the procedures of the Services and Printing Section.

Executive Director, Organization and Administration Sector

This department is concerned with following up on human resources matters in the Central Bank of Kuwait (CBK) and developing plans for occupational development, in addition to identifying and addressing training needs. The department also plans, coordinates and follows up on training programs, develops organizational and occupational structures and work procedures. The department also prepares jobs descriptions, and evaluations and develops salary and benefit systems.

Moreover, this department is responsible for completing and following up on all processes for hiring qualified employees, and related salaries and benefits issues, in addition to maintaining and archiving all documents related to human resources, and issuing necessary statistical information.

Waleed I. Al-Khubeazi

Manager, Human Resources Department

Ahmed F. Al-Nouri

Deputy Manager, Human Resources Department, Career Development and Training Affairs

Yousef M. Al-Kandari

Deputy Manager, Human Resources Department, Personnel and Payroll Affairs

The Administrative Services Department (ASD) is responsible of providing CBK premises with integrated security services, in addition to meeting CBK’s needs of numerous publications, and undertaking CBK’s official proceedings with other entities in a timely manner.

ASD is also responsible of monitoring and developing the periodic maintenance schedules for CBK’s devices & equipment, and maintaining and replenishing CBK inventory of materials and supplies in terms of quality and quantity at competent prices. ASD also monitors the implementation of CBKs’ contracts in coordination with the various authorities and departments, and strengthen CBK’s relations with government and non-government bodies.

Yousef F. Al-Ali

Manager, Administrative Services Department

Adel M. Al-Sufran

Deputy Manager, Administrative Services Department, Security, Maintenance and Administrative Services Affairs

Bader A. Al-Obaid

Deputy Manager, Administrative Services Department, Purchasing and Contract Affairs

  • Tel:

    (965) 22973476

The Information Technology & Banking Operations Sector is responsible for the overall information technology environment at CBK, as well as banking services and operations offered by the Central Bank of Kuwait. These include the activities of: the Banking Operations Department, Information Systems & Operations Department, IT Strategic Planning Department, IT Security Unit, e-Payment & Settlement Systems Supervision Unit & Financial Technology (FinTech) Unit.

Executive Director, Information Technology and Banking Operations Sector

The IT Security Unit protects the confidentiality, integrity and availability of information by ensuring that appropriate security controls and standards are implemented, as well as ensuring that all CBK employees comply with CBK’s security regulations, policies, procedures and standards to achieve a secure environment.

The Unit is also responsible for raising CBK employees' awareness in the field of information security in order to minimize security risks.

Ali T. Al-Khaled

Head, IT Security Unit

The Electronic Payment and Settlement Systems Supervision Unit (EPSU) is responsible for the supervision and oversight of the Electronic Payment Infrastructure Providers (EPIPs) and the Electronic Payment Agents (EPAs) practicing the electronic payment. Furthermore, EPSU performs Quality Assurance by conducting assessments, analysis and monitors the Key Risk Indicator (KRI) to be vigilant alerting for any potential risks. The Central Bank of Kuwait will have better visibility to intervene and take necessary actions to improve the safety, security and efficiency of all electronic payment and settlement systems towards safeguarding the consumers and to sustain the financial stability in the State of Kuwait.

Anfal A. Alasousi

Head, e-Payment & Settlement Systems Supervision Unit

The unit is tasked to the receipt of applications for listing in the Register of Electronic Payment Infrastructure Providers (EPIPs) and their Electronic Payment Agents (EPAs), as well as the applications of FinTech products/services submitted by EPIPs and EPAs for assessment thereof and raising recommendations with respect thereto. In addition, the Unit receives applications of innovative FinTech products/services presented within the Regulatory Sandbox for review and testing within the Regulatory Sandbox Framework, presentation of recommendations concerning the products/services, and listing thereof in the CBK Register. The Unit is involved in the issuance of instructions related to FinTech and the regulation of e-payments in coordination with all relevant departments.

This is in addition to receiving periodical reports, data, and information provided by EPIPs.

Head, Financial Technology (FinTech) Unit

The IT Strategic Planning Department develops strategic plans for information technology for all CBK sectors, departments and offices. IT Strategic Planning establishes, based on research and internal studies, proper IT policies and procedures that are in-line with best international standards, and ensures adherence to policies and procedures using suitable quality measures. Furthermore, the department ensures proper management and execution of CBK’s IT projects.

The department is also responsible for reviewing CBK’s existing processes and procedures to improve their effectiveness and efficiency. In addition, the department is involved with continuously raising IT awareness and supporting IT education and training.

Abdulla F. Al-Kuzam

Manager, IT Strategic Planning Department

The Information Systems & Operations Department provides information technology services to all CBK sectors, departments and offices. The department develops systems, applications and technology solutions that are in line with IT sector strategic direction through state of the art technology.

The department establishes plans to maintain a resilient and continuous operational infrastructure to support CBK current and future strategic directions. Additionally, it provides technical support for all the users of CBK systems and services.

Reem Y. Al-Omani

Manager, Information Systems and Operations Department

Hessa S. Al-Muzaini

Deputy Manager, Information Systems and Operations Department, Technical Support and Operations

Ahmad J. Al-Nusif

Deputy Manager, Information Systems and Operations Department, Information Systems Affairs

Banking Operations Department is structured under the Information Technology and Banking Operations Sector and organized into four sections namely Current Accounts, Budget Section, Development and Security Issue Section and Monetary Section.

Banking Operations Department undertakes the following duties and responsibilities:

  • Managing the government's accounts and acting as the State's bank.
  • Operating the Real Time Gross Settlement System – KASSIP (Kuwait's Automated Settlement System for Inter-participant Payments).
  • Providing credit facilities to local banks by discounting and rediscounting of commercial papers or by lending in accordance with the regulations and instructions in this regard.
  • Overseeing the National Payment System and other financial settlements.
  • Payment of cheques drawn on the accounts opened with CBK, and receipt of cash deposits in such accounts.
  • Managing the internal accounts of the Bank, and overseeing payments from the various budget items.
  • Preparing CBK budget and closing accounts as well as the Balance Sheet and Profit & Loss Account.
  • Preparing the periodical financial statements and reporting.
  • Acting as custodian of the Bank's precious assets such as gold, banknotes, coins and gold bullions.
  • Overseeing stock of banknotes and coins to ensure sufficiency thereof for withdrawal requirements, and estimating the replenishing quantities.
  • Inspecting local banks to verify their commitment to CBK instructions and circulars regarding sorting and examination of Kuwaiti currency for fitness & counterfeiting.
  • Managing all aspects of currency printing and coin minting, in addition to safekeeping and destruction of unfit notes.
  • Follow up of designing, minting, and selling commemorative banknotes and coins.
  • Taking the necessary actions in case of any reporting of suspicious banknote or coin.

Abdullah M. Al-Shatti

Manager, Banking Operations Department

Hussein A. Shehab

Deputy Manager, Banking Operations Department, Accounts & Budget Affairs

Reem M. Al-Refaey

Acting Deputy Manager, Banking Operations Department, Issue Affairs

The Foreign Operations Department (FOD) is responsible for making recommendations and suggestions necessary to ensure monetary stability in the State of Kuwait. FOD is also responsible for the implementation of CBK’s monetary policy through monitoring and analyzing interest rates and their impact on local liquidity levels, through withdrawing excess funds and covering fund shortages , based on market trends and central bank practices as a last resort.

In addition, FOD is responsible for investing CBK’s foreign currency assets and gold reserves in international markets based on CBK’s policy in reserves management, taking into consideration the financial position of the banks which FOD invests with. Such banks should have high rating by international credit rating agencies.

FOD also manages the issuance of public debt instruments on behalf of the Ministry of Finance, and functions as the Government’s bank, performing trade transactions including transfers and letter of credits carried out in foreign currencies, as well as collecting cheques for the benefit of the State’s ministries and public institutions.

Moreover, FOD is responsible for maintaining CBK’s relations with other central banks and international monetary and financial institutions.

Masoud S. Al-Ajmi

Manager, Foreign Operations Department

Deputy Manager, Foreign Operations Department, Treasury Affairs

Muammar N. Al-Otaibi

Deputy Manager, Foreign Operations Department, Operations Affairs

This department is responsible for monitoring and analyzing domestic and international economic developments and their future trends and anticipated impact on the performance of the State's economy in general and the banking and financial sector in particular with the aim of assisting the Central Bank of Kuwait (CBK) to achieve its core objectives. The Department is also responsible for the enhancement of CBK's relations with regional and international bodies including the Gulf Cooperation Council and the International Monetary Fund.

Furthermore, the Department contributes technical views supporting CBK's role as a financial advisor to the government of Kuwait. In fulfillment of its objectives, the Economic Research Department collects and analyzes various economic data provided by different sources, and data concerning the Balance of Payments of the State of Kuwait. Moreover, the Department publishes the Annual Report, Monthly Monetary Statistics, Quarterly Statistical Bulletin and Economic Report, and provides up-to-date economic and financial information and data to CBK's and other interested researchers.
In Addition, the Economic Research Department manages and updates the CBK website and handles translation works for the Central Bank of Kuwait.

Bader A. Al-Kandery

Manager, Economic Research Department

Einas A. Al-Khal

Acting Deputy Manager, Economic Research Department

The Communications and Public Relations Department at the Central Bank of Kuwait (CBK), works towards communicating a modern, transparent and open central bank. The department helps maintain confidence in the banking sector, financial sector and economy and is involved in varied efforts including raising financial literacy to achieve consumer protection and empowerment.

Additionally, the department promotes thought leadership, capacity building and innovation both internally and externally in the banking sector.

Talal S. Al-Shammari

Manager, Communications & Public Relations Department

Ghanimah H. Al-Otaibi

Deputy Manager, Communications & Public Relations Department