Kuwait - Kuwait International Bank (KIB) announced that it has obtained the approval of the Central Bank of Kuwait to appoint  Ajai Thomas as General Manager of  Financial Control & Planning Department at the Bank, after having served as Senior Manager and Acting General Manager of the Financial Control & Planning Department. Thomas is a Chartered Accountant (ICAI, India) and a Certified Information Systems Auditor (ISACA, US), with over 20 years of experience in financial auditing and has held a number of key responsibilities in various other roles.

In its announcement, KIB lauded Thomas’s expertise and broad-ranging experience, noting that this appointment was a result of his outstanding performance and dedicated efforts throughout his career with the Bank since 2014. In his new role, Thomas will be leading the Financial Control & Planning Department, and will also oversee all financial reports and analysis reporting to the Acting CEO. Moreover, Thomas is a prominent member of several executive committees at the Bank.

Prior to joining KIB, Thomas had gained over a decade  of professional experience working at PricewaterhouseCoopers and Deloitte & Touche in Kuwait. During his previous roles, Thomas worked in financial auditing and advisory services, and additionally worked on organisations  in Bahrain and India. He holds a Master’s degree in Financial Management in addition to  Bachelor’s degree.

KIB also noted Thomas’s successful leadership within the Bank, adding value through his vast experience and high-caliber expertise. This newest promotion comes as part of KIB’s strategy, which focuses on investing in the growth and development of its employees in order to propel their career progression towards senior management. Additionally, KIB is dedicated to attracting the highest caliber of talents across the banking sector. The Bank continues to be committed to solidify its position as a leading Islamic financial institution.

© Press Release 2017