Bader Al-Kharafi to Lead Boursa Kuwait as Chairman
Portfolio - People | Mar 25, 2025 | Zawya
Boursa Kuwait, the Kuwait Stock Exchange operator, has appointed Bader Nasser Al-Kharafi as the new chairman of its board starting his term from 2025 to 2027. Al-Kharafi, who is the CEO of Zain Group, steps in for Hamad Mishari Al-Humaidhi, the outgoing chairman. With a background that includes roles at Zain Group, National Investments Company, Gulf Cable & Electrical Industries, and Diamond International Motors Company, Al-Kharafi brings significant leadership and industry experience. Under his leadership, Boursa Kuwait plans to accelerate the development of new financial products, focusing on the launch of exchange-traded funds (ETFs) and a fixed-income trading platform in the upcoming future. These initiatives aim to diversify investment options and modernize the trading landscape in Kuwait.
Sectors
- Financial Services
- Telecommunications
Geography
- Kuwait – The article focuses on Boursa Kuwait and mentions the Kuwait Stock Exchange, located in this country.
Industry
- Financial Services – This industry classification includes stock exchanges and the development of new financial products such as ETFs and trading platforms.
- Telecommunications – Al-Kharafi's role as CEO of Zain Group, a telecommunications company, links this industry to the article.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Boursa Kuwait | Target Company | Company | The operator of the Kuwait Stock Exchange, planning to launch new financial products under new leadership. |
| Bader Nasser Al-Kharafi | New Chairman | Person | CEO of Zain Group and newly appointed Chairman of Boursa Kuwait. |
| Zain Group | Employer of Chairman | Company | A Gulf telecommunications firm where Al-Kharafi serves as CEO. |
| Hamad Mishari Al-Humaidhi | Outgoing Chairman | Person | The outgoing chairman of Boursa Kuwait. |
| National Investments Company | Other Company | Company | Al-Kharafi holds a vice chairman position at this company. |
| Gulf Cable & Electrical Industries | Other Company | Company | Al-Kharafi is vice chairman here, showing his involvement in diverse industries. |
| Diamond International Motors Company | Other Company | Company | Another company where Al-Kharafi holds a vice chairman position. |