In January 2019, The Banker awarded Mohammad Y Al-Hashel the Central Bank Governor of the Year award for the Middle East. In recent years, the head of Kuwait’s apex lender has established a name for himself in the region – and beyond – for steering the country’s banking sector to a position of strength.
It was no small feat for a country that was hit hard by the fallout from the global financial crisis. By the end of the third quarter of 2018, Kuwait's banking sector had a capital adequacy ratio of 18% and sector-wide non-performing loans stood at just 2%.
