Abdulwahab Al-Roshood, Acting Group Chief Executive Officer at Kuwait Finance House (KFH) is participating in the activities of the banking and finance roundtable organized by the Global Finance.
The roundtable will be held virtually through a digital platform on March 23, with the participation of a group of prominent economic figures, representatives and experts from the public and private sectors, officials, banking experts and representatives of FinTech companies.
During the conference, Al-Roshood reviews the performance of banks during the Covid-19 pandemic, and the challenges facing digitization in Kuwait. In addition, he will discuss digital transformation and the application of artificial intelligence and FinTech services, highlighting the importance of banks' adaptation to the rapid changes, and making sure that Banking business models are resilient and have a high ability to adapt to circumstances and changes, in addition to innovation in offering digital banking services.
Al-Roshood is also discussing the repercussions of the pandemic on the Kuwaiti economy in general and on the banks in particular, and the factors for recovery in the economy, in addition to highlighting about the economic sectors that were affected and benefited from the pandemic, as well as governance, social aspects and considerations in Kuwait during the Corona pandemic.
Al-Roshood will underline the success of KFH’s digital transformation strategy and the leadership in offering digital banking services that are the first of its kind in Kuwait, with an emphasis on the importance of banking services that meet the growing demand of customers and aspirations of the millennial generation, and are distinguished by standards of quality, accuracy, speed and safety.
Finally, Al-Roshood will address the development plan in Kuwait, highlighting the importance of diversifying sources of income, creating new jobs, enhancing the role of the private sector and supporting small and medium-sized enterprises (SMEs), as they are they are a strong engine for creating jobs and contributing to development.