Bader Al-Kharafi

Bader Nasser Al-Kharafi (born 17 August 1977) is a Kuwaiti businessman. He is the Vice chairman and Group chief executive officer of Kuwait's Zain Group.[1][2][3]

Bader Nasser Al-Kharafi
Al-Kharafi in 2017
Born
Bader Nasser Al-Kharafi

(1977-08-17) 17 August 1977
NationalityKuwaiti
Alma materKuwait University, London Business School
Occupation(s)Vice Chairman & CEO
Zain Group
Children2
ParentNasser Al-Kharafi
Websitehttps://www.zain.com/ar/

In 2018, he was ranked as one of the 100 most influential Arabs list by Arabian Business.[4][5]

Early life and education

Al-Kharafi was born on 17 August 1977. He received his bachelor's degree in mechanical engineering from Kuwait University in 2002. In 2016, he completed his MBA from London Business School.[5]

Career

After graduation, Al-Kharafi joined Kuwait Petroleum Corporation (KPC). He joined M.A & Al-Kharafi group in 2002 and started working as a Coordination Engineer.[6] He currently holds senior management positions at Gulf Bank of Kuwait, Foulath Holding, Diamond International Motors, and Gulf Cable & Electrical Industries.[7]

After the death of his father, Nasser Al-Kharafi, he assumed the directorship of the Al Kharafi groups' executive committee in 2012.[8]

In early 2014, he joined the Middle East Advisory Board of Coutts.[9][10] In the same year, Zain KSA, a subsidiary of Zain Group appointed Al-Kharafi as its Vice Chairman.[11]

In 2017, Al-Kharafi became the CEO of Zain Group, replacing the Scott Gegenheimer.[12]

In February 2019, he became the Chairman of the Board of the Executive Committee and a member of the Board of Nomination and Remuneration Committee of Boursa Kuwait, the country's stock exchange.[13]

In September 2019, BNK Automotive owned by Al-Kharafi signed a new Volvo agency agreement in Kuwait making BNK Automotive the exclusive importer for Volvo Cars into Kuwait.[14] In November 2019, Al-Kharafi acquired a controlling stake in Gulf Cable by purchasing 29 percent of the company's shares reported to be worth around US$500 million.[15][16]

Awards and recognition

  • In 2014, Al-Kharafi has been featured in the World's 100 Most Powerful Arabs 2014 by Gulf Business.[3][17]
  • In 2015, Al-Kharafi ranked as one of the Most Powerful Young Arabs Under 40 in Arabian Business.[18]
  • In 2017 and 2018, Al-Kharafi was listed in the 100 World's Most Influential Arabs feature by Arabian Business.[19][4]

Philanthropy

Al-Kharafi is associated with Kuwait Food Bank which is involved in providing nutritious meals to the poor in Kuwait and creating public awareness on lessening food waste.[20][21] More than 5,700 Kuwaiti families are said to have benefited from this initiative.[22] The food bank also provides skills and training to the members of poor families so that they can find decent employment in Kuwait.[23][24]

He offers support and guidance to Kuwaiti youth through INJAZ Kuwait.[25]

Additionally, the recent launch of WE ABLE in the year 2019, Al-Kharafi is leading Zain's Disability Inclusion Program which aims to position Zain Group as Disability Inclusive by 2022.[26][27][28]

References

  1. "ZAIN.KW Company Profile & Executives - Mobile Telecommunications Co. (MTC) K.S.C." The Wall Street Journal. Retrieved 18 February 2020.
  2. "A man on a mission: Bader Nasser Al Kharafi". ArabianBusiness.com. Retrieved 18 February 2020.
  3. "Changemakers Bader Nasser Al Kharafi". London Business School. Retrieved 18 February 2020.
  4. "100.Most.Powerful.Arabs.2018-01-Bader Al-Kharafi". ArabianBusiness.com. Retrieved 18 February 2020.
  5. Salihovic, Elnur (5 October 2015). Major Players in the Muslim Business World. Universal-Publishers. ISBN 978-1-62734-052-6.
  6. "Bader Nasser Al-Kharafi - Vice Chairman & Group CEO, Zain Group". itp.net. Retrieved 19 February 2020.
  7. "Journey to the Future". The Business Year. Archived from the original on 24 October 2020. Retrieved 19 February 2020.
  8. East, Forbes Middle. "The Man Using His Influence To Empower Kuwait's Youth". Forbes ME. Retrieved 21 February 2020.
  9. "Coutts expands Middle East advisory board". Khaleej Times. Retrieved 20 February 2020.
  10. "Coutts Further Expands Middle East Advisory Board with three appointments". www.zawya.com. Retrieved 20 February 2020.
  11. "Zain to sell 2,600 towers in Jordan for $88m". www.capacitymedia.com. Retrieved 27 December 2021.
  12. Sharma, Ray. "Bader Al-Kharafi Takes Over as CEO of Zain Group". www.thefastmode.com. Retrieved 21 February 2020.
  13. "History made as Al-Kharafi and Al-Bahar consortium takes equity stake in Boursa Kuwait". Kuwait Times. Retrieved 20 February 2020.
  14. "Volvo Cars changes hands from Al-Mutawa to Al-Kharafi". Kuwait Times. Retrieved 20 February 2020.
  15. "Bader Al-Kharafi acquires 29% of Gulf Cable Co worth $500m". Kuwait Times. Retrieved 19 February 2020.
  16. "Al Kharafi buys KWD 33m stake in Gulf Cable". english.mubasher.info. Retrieved 19 February 2020.
  17. "Top 100 Powerful Arabs 2014". Gulf Business. Retrieved 27 December 2021.
  18. "The 100 Most Powerful Arabs Under 40". Arabian Business. 19 April 2015. Archived from the original on 27 December 2021.
  19. "40 and Under 2017: Bader Nasser Al Kharafi". ArabianBusiness.com. Retrieved 20 February 2020.
  20. Kharafi, Bader Nasser Al (2019). "There's just no point without purpose". London Business School Review. 30 (1): 8–9. doi:10.1111/2057-1615.12269. ISSN 2057-1615.
  21. "KUNA : Kuwait Food Bank launches campaign for families in need - Human - 19/10/2021". www.kuna.net.kw. Retrieved 27 December 2021.
  22. "Food Bank to support over 5,700 families: Al-Kharafi". Kuwait Times. 22 March 2017. Retrieved 27 December 2021.
  23. "Kuwait Food Bank, KASCO join hands to help needy families | Kuwait Times". news.kuwaittimes.net. Retrieved 20 February 2020.
  24. https://www.pressreader.com/kuwait/kuwait-times/20150421/283107067557856. Retrieved 19 February 2020 via PressReader. {{cite web}}: Missing or empty |title= (help)
  25. East, Forbes Middle. "A New Vision". Forbes ME. Retrieved 20 February 2020.
  26. "Zain Group launches disability inclusion initiative 'We Able'" (PDF). Arab Times. 8 July 2019. Retrieved 20 February 2020.
  27. "Zain Group launches disability initiative". www.telecompaper.com. Retrieved 20 February 2020.
  28. "Inclusion of persons with special needs in Zain Group". WEEPortal. 18 July 2019. Retrieved 20 February 2020.
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