Kuwait, 21 February 2017 

International Turnkey Systems Group (ITS), affiliated to Kuwait Finance House (KFH) announced the appointment of Kuwaiti national, Essam Al-Khashnam as Chief Executive Officer. This comes in line with the company’s efforts to improve its businesses and services in the Middle East and the world, not to mention to achieve further milestones in providing high end integrated IT solutions and software services for several sectors such as the financial and banking sectors.

Al-Khashnam enjoys 25 -year long experience in the fields of IT, management, marketing and business development. This comes in line with ITS Group’s plans and aspirations towards further growth and comprehensive development.

Al-Khashnam is considered as a notable figure in the field of Information Technology and software solutions. He is credited with the innovation and management of several advanced IT solutions during his career. He holds a Bachelor’s degree in Computer Engineering from the University of the Pacific (United States) in 1991. He completed Strategic Management and Successful Management studies at the Harvard University.

Al-Khashnam served as Manager of the IT Strategic Planning Department at the Central Bank of Kuwait (CBK). He held many senior positions in different companies specialized in the IT sector. He was working closely with the banking sector during his tenure at the CBK.

ITS Group, which was established in 1981, offers world class quality IT solutions and services for more than 75 banking and financial institutions, in addition to several clients in the government and oil sectors. ITS implements solutions for clients throughout the Middle East, South Africa, and the Caribbean through high caliber staff that includes 1200 experts and specialists in 7 offices around the world.

Moreover, ITS Group received many international appreciations and awards in the field of information technology such as “Best Provider of Information Technology” from CPI Financial, “Best IT Institution for Islamic Financial Consultancies 2016” and Best IT Provider for Islamic Financial Institutions 2016” from GIFA.

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Kuwait Finance House (KFH)
KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneer in the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and client service.

KFH manages its operations in the GCC, Asia, and Europe through over 446 branches, including KFH-Turkey, in order to offer services for the bank's clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Germany, Jordan, and Dubai.

KFH's mission is to achieve highest levels of excellence and innovation in the field of client service, while developing common interest for all those concerned with the financial institution. KFH's vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.

KFH's values include cementing leadership through all its businesses, including leadership in the Islamic banking services worldwide, through innovation and in client service and the development of its employees. In addition, KFH is committed to all its procedures, and to setting up long-life partnerships with the concerned authorities.

For more information, please visit: www.kfh.com

© Press Release 2017