Bader Al-Kharafi Explained

Bader Nasser Al-Kharafi
Native Name:بدر ناصر الخرافي
Native Name Lang:ar
Birth Name:Bader Nasser Al-Kharafi
Birth Date:1977 8, df=yes
Birth Place:United Kingdom
Nationality:Kuwaiti
Alma Mater:Kuwait University, London Business School
Occupation:Vice Chairman & CEO
Zain Group
Parents:Nasser Al-Kharafi
Children:2
Website:https://www.zain.com/ar/

Bader Nasser Al-Kharafi (; born 17 August 1977) is a businessman from Kuwait. He holds the positions of Vice Chairman and Group Chief Executive Officer at Zain Group, a telecommunications company based in Kuwait.[1] [2] [3]

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

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, entered into a new agency agreement with Volvo, making it the exclusive importer of Volvo Cars in Kuwait.[14] In November 2019, Al-Kharafi acquired a controlling interest in Gulf Cable, securing 29 percent of the company's shares in a deal valued at approximately US$500 million.[15] [16]

Awards and recognition

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]

Notes and References

  1. News: ZAIN.KW Company Profile & Executives - Mobile Telecommunications Co. (MTC) K.S.C. . . 2020-02-18.
  2. Web site: A man on a mission: Bader Nasser Al Kharafi. ArabianBusiness.com. en. 2020-02-18.
  3. Web site: Changemakers Bader Nasser Al Kharafi. London Business School. en. 2020-02-18.
  4. News: 100.Most.Powerful.Arabs.2018-01-Bader Al-Kharafi. ArabianBusiness.com. 2020-02-18.
  5. Book: Salihovic, Elnur. Major Players in the Muslim Business World. 2015-10-05. Universal-Publishers. 978-1-62734-052-6.
  6. Web site: Bader Nasser Al-Kharafi - Vice Chairman & Group CEO, Zain Group . itp.net. 2020-02-19.
  7. Web site: Journey to the Future. The Business Year. 2020-02-19. 24 October 2020. https://web.archive.org/web/20201024005852/https://www.thebusinessyear.com/kuwait-2019/journey-to-the-future/interview. dead.
  8. Web site: The Man Using His Influence To Empower Kuwait's Youth. East. Forbes Middle. Forbes ME. 2020-02-21.
  9. Web site: Coutts expands Middle East advisory board. Khaleej Times. en. 2020-02-20.
  10. Web site: Coutts Further Expands Middle East Advisory Board with three appointments. www.zawya.com. en. 2020-02-20.
  11. Web site: Zain to sell 2,600 towers in Jordan for $88m. 2021-12-27. www.capacitymedia.com. 15 December 2021 . en.
  12. Web site: Bader Al-Kharafi Takes Over as CEO of Zain Group. Sharma. Ray. www.thefastmode.com. en. 2020-02-21.
  13. News: History made as Al-Kharafi and Al-Bahar consortium takes equity stake in Boursa Kuwait . Kuwait Times. 2020-02-20.
  14. News: Volvo Cars changes hands from Al-Mutawa to Al-Kharafi . Kuwait Times. 2020-02-20.
  15. News: Bader Al-Kharafi acquires 29% of Gulf Cable Co worth $500m . Kuwait Times. 2020-02-19.
  16. Web site: Al Kharafi buys KWD 33m stake in Gulf Cable. english.mubasher.info . 21 November 2019 . 2020-02-19.
  17. Web site: Top 100 Powerful Arabs 2014. 2021-12-27. Gulf Business. 19 May 2014 . en-US.
  18. Web site: 19 April 2015. The 100 Most Powerful Arabs Under 40. live. 2021-12-27 . Arabian Business. https://web.archive.org/web/20211227112201/https://www.arabianbusiness.com/gallery/inpics-100-most-powerful-arabs-under-40-589600 .
  19. Web site: 40 and Under 2017: Bader Nasser Al Kharafi. ArabianBusiness.com. en. 2020-02-20.
  20. Kharafi. Bader Nasser Al. 2019. There's just no point without purpose. London Business School Review. en. 30. 1. 8–9. 10.1111/2057-1615.12269. 2057-1615. free.
  21. Web site: KUNA : Kuwait Food Bank launches campaign for families in need - Human - 19/10/2021. 2021-12-27. www.kuna.net.kw.
  22. Web site: 2017-03-22. Food Bank to support over 5,700 families: Al-Kharafi. 2021-12-27. Kuwait Times. en-US.
  23. Web site: Kuwait Food Bank, KASCO join hands to help needy families Kuwait Times. news.kuwaittimes.net. 31 July 2017 . 2020-02-20.
  24. Web site: https://www.pressreader.com/kuwait/kuwait-times/20150421/283107067557856. PressReader. 2020-02-19.
  25. Web site: A New Vision. East. Forbes Middle. Forbes ME. 2020-02-20.
  26. News: Zain Group launches disability inclusion initiative 'We Able'. July 8, 2019. Arab Times. February 20, 2020.
  27. Web site: Zain Group launches disability initiative. www.telecompaper.com. en. 2020-02-20.
  28. Web site: Inclusion of persons with special needs in Zain Group. 2019-07-18. WEEPortal. en. 2020-02-20.

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