THE MIDDLE EAST’S

8. Faisal Al-Hamad

Designation: CEO
Company: NBK Wealth
Nationality: Kuwaiti
Headquarters: Kuwait

Al-Hamad joined NBK Wealth in 2007 and assumed his current position in 2021. NBK Wealth is the investment arm of NBK Group and had $22 billion in assets under management in 2024. The company has operations in Kuwait, Saudi Arabia, Switzerland, the U.K., the U.A.E., and Ireland. In October 2024, NBK Wealth signed a strategic partnership with J.P. Morgan Asset Management to provide a wider selection of innovative, diversified portfolios and investment solutions. Al-Hamad is also the chairman of the Watani Investment Company and vice chairman of Watani Financial Brokerage Company. Al-Hamad previously held senior positions at Agility Kuwait and Wellington Management International in the U.K.