National Bank of Kuwait (NBK) held its fourth annual International Advisory Board (IAB) meeting in Kuwait to discuss the latest developments in the Arab world and their implications on the future of the region.
The meeting was chaired by Sir John Major, former Prime Minister of the United Kingdom and attended by Amr Moussa, former Secretary General, League of Arab States, and Ayad Allawi, former prime minister of Iraq, as special guests.
The meeting shed light on the latest developments in the political, economic and security spheres in the region and addressed the forthcoming challenges posed by the “Arab Spring”. It has also provided insight for NBK’s future strategy.
In addition to Sir John Major, NBK’s IAB brought together a selection of the most renowned and influential world figures and experts in the fields of business, economy, politics, strategic and academic studies. The list of participants included Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited from India, Anthony Cordesman, Arleigh A. Bruke Chair, CSIS, Mohammed El-Erian, CEO and co-CIO of PIMCO, Martin Feldestein, President Emeritus of NBER and Professor of Economics at Harvard University, William Rhodes, Senior Advisor and Former Vice Chairman at Citigroup from the United States, Peter Davies, Former Chief Economist, PB PLC, from the United Kingdom, Abdulatif Al-Hamad, Chairman and Director General, Arab Fund, from Kuwait and Lubna Olayan, CEO of Olayan Financing Company from Saudi Arabia among others.
NBK International Advisory Board sets a precedent for Banks and Financial institutions in the Middle East.