Al Ahli Bank of Kuwait Names Giel-Jan M. Van Der Tol as Group CEO Following Central Bank Approval

Al Ahli Bank of Kuwait has appointed Giel-Jan M. Van Der Tol as Group Chief Executive Officer effective 1 July 2025, following regulatory approval from the Central Bank of Kuwait. The appointment ends the bank's period under interim leadership.

Van Der Tol brings more than 30 years of international banking experience, including as CEO and Managing Director of Emirates NBD Egypt and CEO of Dubai Bank. ABK describes itself as a leading retail and commercial bank in the region.

AL SUMAIT REMAINS AS DEPUTY GROUP CEO

Abdulla Al Sumait, who had been serving as acting head of the bank prior to Van Der Tol's arrival, will remain with the institution in the role of Deputy Group CEO.

PRIORITIES

ABK said its priorities under the new leadership include digital transformation, regional growth and operational excellence.