Kuwait Finance House (KFH) signed the Women’s Empowerment Principles agreement with the United Nations Development Programme (UNDP) at the UN House Building.

Group Chief Human Resources Officer at KFH, Zeyad Abdullah Al Omar said by endorsing UN Women’s Empowerment Principles, KFH emphasized that women empowerment is essential to Kuwait economy and society progress as they are key drivers of business growth and sustainability.

He added that KFH has provided a solid foundation and healthy environment in which female employees built up their leadership personalities.  KFH has an inclusive corporate culture, and several women hold executive management posts as they have proved their ability to shoulder significant and important roles. Moreover, women representation ratio at KFH branches approximated 35% while the recruitment of women in Forsa training program approximated 53% as at 2022.

Al Omar added: “55 employees from both the Middle & Senior Management at KFH are female, and recently we’ve seen that the management had started empowering women at a rapid pace.

He pointed out that KFH is constantly reinventing itself to better serve its mission to foster positive change, meet new financial demands, profitability targets and achieve overall customer satisfaction.

He said: “Undoubtedly, gender-balanced teams offer a competitive advantage and we are pleased to say that KFH offers a family-friendly environment, where women can maintain a successful work life balance by offering resources such as flexible hours, maternal and paternal leave, unpaid leave etc.

Al Omar added: “The Bank has provided equal access to education, training and acquiring new skills. Consequently, women at KFH enjoy equal access to higher management positions. Also, KFH provides the appropriate environment that caters to our female employee’s needs.

Al Omar revealed that KFH is considering plans and practices to drive more empowerment of female employees at the bank in promoting economic development.

He indicated that KFH currently has high rate of female employees in branches, and it will continue working towards building a corporate culture that will generate more female talent and women leaders while further empowering the role of women at KFH.