Announcements & News

In strategic pursuit of elevating national talent and reinforcing market leadership

Kuwait, 19 May 2024: The Kuwait Credit Information Network Company (CINET) has announced the appointment of Mai Bader AlOwaish as its Chief Executive Officer, with approval from both the Central Bank of Kuwait and the Board of Directors at CINET.

This decision underscores CINET's commitment to consolidating its leading position in the local market, fostering national talent, fortifying its leadership stature, and ensuring the provision of all necessary resources for its long-term strategic objectives. AlOwaish will play a pivotal role in steering CINET towards the realization of the company’s new strategic direction in the upcoming phase.

The Chairman of the Board of Directors at CINET, Alia B. Alhumaidhi, commented, “We are delighted to announce the appointment of Mai AlOwaish as the Chief Executive Officer of CINET. Her extensive expertise in the banking, financial, and commercial sectors — coupled with her proven track record of industry accomplishments — will significantly contribute to steering CINET towards continued success. We have no doubt that AlOwaish will play a pivotal role in executing CINET’s strategy and upholding its legal and institutional obligations.”
 
Alhumaidhi further stated, “CINET is committed to delivering unparalleled credit reporting and rating services to both individual and corporate clients, in strict adherence to the regulations governing the exchange of credit information outlined in Law No. 9 of 2019, and in line with the executive regulations and guidelines set forth by the Central Bank of Kuwait. By doing so, CINET aims to foster sustainable growth and generate value for its esteemed shareholders and all stakeholders. On behalf of the Board of Directors, CINET employees, and myself, I extend a warm welcome to AlOwaish and convey our collective wishes for her and the entire CINET team to achieve unlimited progress and success.”

On her part, Mai AlOwaish expressed, “I am deeply honored by the trust placed in me by CINET, and I eagerly anticipate building upon our past successes while driving forward the transformational strategies and change initiatives outlined for the next phase. With the invaluable support of the highly competent and experienced Board of Directors, along with the robust leadership of our executive management team, we are poised to strengthen CINET’s core business. This entails advancing the development and diversification of our service offerings, expanding our databases, and consolidating our repository of client-centric data and credit information. Through these initiatives, CINET will embark on new stages of progress and excellence in the realm of credit information.”
 
AlOwaish is an expert in the field of digital strategies, boasting over 20 years of practical experience in information technology and data analysis in the banking and e-commerce domains. She brings to the table over a decade of invaluable experience with Google Partners in the United States, where she worked in the field of digital transformation.
 
AlOwaish earned her master’s degree in information systems from Northwestern University and a bachelor’s degree in information systems engineering from Oregon State University. She is a former member of the Board of Directors of the International Digital Analytics Association (DAA). AlOwaish also holds a Certified Web Analyst (CWA) certificate, a prestigious certificate allotted to only 200 members globally.