A well established Corporate Governance framework facilitates the Bank in understanding,
planning and executing activities to meet challenges and risks arising from changing
regulatory, market, financial, and business environments.
The Corporate Governance Policy articulates the governance and oversight of the
Bank by the Board under its powers, in line with local laws and international standards.
The Policy outlines the responsibilities of the Board, Board matters, internal control
framework and conflict of interest.
Code of Ethics for Board of Directors
Al Ahli Bank of Kuwait expects members of the Board and its employees to act with
integrity, impartiality and discretion. Its Code of Conduct provides guidance to
avoid situations of conflict interest and sets out actions to be taken when conflict
of interest arises..
The Code of Ethics covers confidentiality, environment, conflict of interest, discretion
and transparency as well as mechanisms to ensure adherence to the Code.
Conflict of Interest Policy & Related Party Transaction Policy
The Board and employees are expected to make every effort to segregate their personal
and business affairs and avoid conflict of interest.
The Conflict of Interest Policy & Related Party Transaction Policy outlines the
guidelines for the identification, reporting, disclosure, prevention, or strict
limitation of actual/perceived/potential conflicts of interest, including rules
concerning related party transactions and potential conflicts of interest.
The Bank is committed to preserve the confidentiality of the information and data
relating to its customers.
The Bank’s Confidentiality Policy sets out the rules to be adhered to by the Board,
Senior Management and other employees of the Bank in maintaining confidentiality
of non-public information.
Corporate Governance Manual