Burgan Bank (“the Bank”) is committed to the highest standards of corporate
governance and recognizes that good governance is pivotal in helping the
business to deliver its strategies whilst generating sustainable shareholder
value and meeting its obligations towards shareholders and other
stakeholders.
As an essential part of this commitment, the Bank operates within a
well-defined governance structure and embeds governance principles and practices
in its operations based upon the four cornerstones of accountability,
transparency, fairness and integrity. The Bank follows the guidelines of the
Central Bank of Kuwait, which are based on Basel Committee recommendations on
Corporate Governance.
The Bank also counts on the community’s support and partnership in
advocating excellence in corporate governance. Hence, the Bank appeals to all
other market players for joining the Bank in contributing to a continuous
enhancement of its quality by practicing good corporate governance not only for
the corporate growth, but also for the prosperity of the State of Kuwait.
The provisions under this CG manual shall apply to the Board of
Directors, the Executive Management, employees and the service providers of the
Bank.