CEO of Kuwait Finance House (KFH), Mohamed Suleiman Al-Omar said that in the first quarter of 2011, KFH continued its conservative policy to build a solid base of precautionary provisions to protect the KFH institution from any future negative repercussions. He stressed the paramount weight KFH attaches to staff role and value as the base for success as KFH views human resources as significant assets.
In his address delivered in the ceremony dedicated for horning KFH distinct employees, Al-Omar added: "We consider the awards that we continuously receive as key success indicators and signs of excellence. These are notes of appreciation to every committed staff member in KFH. We stand proud of these employees and consider them to be the most important asset of KFH that is indispensable. We exert every effort possible to develop our employees’ professional skills to enable each and every one of them to provide service with best quality and manner to customers’ satisfaction which is our best award yet".
He said that honoring distinct employees nominated by various sectors is a core value adopted by KFH since its inception. KFH will continue with this viewpoint that comes in harmony with the framework Sharia and professional principles. He explained that these core values contribute to the organizational performance and ensures sustainable leadership given growing competition in the local and regional banking domain.
Al-Omar said that the large number of employee who received excellent evaluation for five consecutive years confirms but our employees' devotion and KFH transparency in dealing with its staff. He confirmed that employees are the real assets behind KFH’s pride and source of success and excellence.
Speaking of the financial indicators, he said that the results of first quarter 2011 include several main positive pointers such as revenues, total assets, shareholders equity in addition to other indications of equal weight. In this regard, he confirmed that growth indicators reflect KFH’s institutional strong financial position on one hand and the ability to achieve afresh the typical growth rates in all financial indicators in the near future on the other hand.
Al-Omar added: "While KFH seeks to reinforce its precautionary policy and support its financial positioning, it continues to provide innovative services and products to the market make available the required funding to individual and corporate customers to drive the economy on the right track ahead.