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Governance Framework

The Board and the management of NBK are committed to the long-term success of the Group as a leading Bank in the Middle East and generating stable and sustainable returns for the shareholders. Fundamental to the Group strategy are the standards of Corporate Governance, in particular those defined by the Central Bank of Kuwait (CBK) and other guidelines in that regard.

The Group has developed its Corporate Governance framework to the highest standards defined by leading professional bodies and regulatory authorities. It is embedded into the day-to-day business and practices of the Group and has evolved to reflect the Group strategy, lessons learnt and the global leading practices. 

The Group’s governance framework outlines a consistent approach across the Group and its subsidiaries and will be reviewed on a periodic basis by the Board of Directors.  

The Group as a whole, along with the Board, Senior Management and all employees are collectively responsible for integrating the Corporate Governance framework into their day- to- day activities.  The Board sets the “tone at the top”, the management ensures that the Corporate Governance framework is implemented through a robust set of policies and procedures, and employees follow the Corporate Governance requirements in their day- to- day business.