Mr. Abdulaziz Al Bannai

Mr. Abdulaziz Al-Bannai has been Manager of Compliance Department at Al Safat Investment Company since 2021. He has a BA in Financing from the Gulf Science and Technology University- Kuwait and a CISI for the regulatory and technical qualification for the capital markets. He is also certified by the Capital Markets Authority as a compliance officer. Mr. Al-Bannai is known for his precision and dedication at work. He succeeded in accomplishing the daily tasks of the Conformity and Commitment Department and the timely preparation of reports required by the regulatory authorities. He exhibits a spirit of cooperation with his colleagues to keep the company on the right track and compliant with the regulatory requirements.

Before joining Al Safat Investment Company he worked as a Deputy Manager Compliance at the Kuwait Investment Company where he acquired extensive 6-year experience. He also helped develop the Compliance Department through the setting up and developing of the procedures of governance, combating money laundering and terrorism financing, following up the work of all departments and ensuring their compliance with the Capital Markets Authority directives. He completed several courses including ICAS, combating money laundering certificate, Islamic Finance, Time Management, and acquired an experience in preparing the statutes of the investment funds authorized by the Capital Markets Authority, regulating their work in conformity with the regulatory authorities rules and preparing company policies and procedures. By virtue of his dedication, he contributed to the success of the company and accomplished to the fullest several tasks. Mr. Al-Bannai acquired experience in the government sector through his involvement in managing the state budget in the Ministry of Finance for almost two years, in which he worked as a financial researcher preparing the budgets of government entities such as that of the Kuwait Municipality and the Public Authority for Sport.

Mr. Al-Bannai has accumulated extensive experience in the bylaws and statutes of the regulatory authorities in Kuwait which helped him accomplish his tasks to the fullest and to provide the relevant consultations relating to the directives of the regulatory authorities and the combating of money laundering and terrorism financing.