Isam Jassim AlSager
Vice Chairman and Group CEO, National Bank of Kuwait (NBK)
07 July, 2025
A lifelong NBK veteran, Issam Jassim AlSager rose from joining the bank in 1978 to group CEO in 2014 and executive vice chairman in 2022 during a 45-year tenure.
Under his leadership, NBK operates a banking network of 72 domestic and 54 foreign branches, over 8,000 employees, and $122bn in assets, delivering KWD500m net profit in full-year 2023. In mid-2024, NBK issued its inaugural $500m green bond under
his stewardship.
In Q1 2025, NBK reported net operating income of KWD310.7m (a rise of 0.6 per cent YoY) and net profit of KWD134.1m ($435m), reflecting an 8.5 per cent YoY decline — partly due to new domestic minimum tax implementation. With AlSager focused on maintaining the bank’s resilience: NBK continues to seize opportunities across international banking and its Islamic banking arm, Boubyan Bank.
AlSager maintains board chairmanships at NBK Egypt and Watani Investment Company.
AlSager blends deep institutional knowledge, strategic market expansion, sustainability innovation, and disciplined financial management, ensuring NBK is poised to navigate evolving economic tides and regional transformation.
AlSager holds a bachelor of science degree in business administration from California State Polytechnic University.
