48. Elham Mahfouz

Company: Commercial Bank of Kuwait (Al-Tijari)
Title: CEO
Nationality: Egyptian
Sector: Banking and Financial Services

Mahfouz joined the Commercial Bank of Kuwait in 2000 and assumed her current position in 2014. In September 2023, the bank issued its first Subordinated Tier II capital, with a total facility amounting to around $308 million. The bank recorded a net profit of $322.5 million in the first nine months of 2023. Mahfouz has more than 38 years of banking experience and also sits on the Advisory Board for the American University of Kuwait.