Executive Management

Faisal Hamad Al Ayyar


Vice Chairman (Executive)

Mr Faisal Al Ayyar is Vice Chairman (Executive) of the Kuwait Projects Company (Holding). He joined the company in 1990 when it was a US$ 220 million regional investment company. Under his stewardship, KIPCO has developed into one of MENA’s leading holding companies with interests in financial services, media, real estate and manufacturing with operations in 24 countries and consolidated assets of US$ 32 billion. Of note is his leading role in the creation and development of OSN, the region’s largest pay-TV company, the development of SADAFCO, a leading dairy and foodstuff producer in Saudi Arabia, and the expansion and subsequent sale of Wataniya Telecom, a major regional mobile operator. Mr Al Ayyar is Chairman of Panther Media Group - Dubai UAE (OSN). He is Vice Chairman of Gulf Insurance Group – Kuwait, United Gulf Bank – Bahrain, Jordan Kuwait Bank – Jordan, and Mashare’a Al-Khair Establishment - Kuwait. He is a Board Member of Saudia Dairy & Foodstuff Company – Saudi Arabia, and Gulf Egypt for Hotels & Tourism Company – Egypt. He is a Trustee of the American University of Kuwait – Kuwait and Honorary Chairman of the Kuwait Association for Learning Differences – Kuwait. Mr Al Ayyar began his career as a fighter pilot with the Kuwait Air Force. Honors include the Arab Bankers Association of North America’s 2005 Achievement Award, the Tunis Arab Economic Forum and the Beirut Arab Economic Forum 2007 Achievement Awards and the Kuwait Economic Forum 2009 Award for his contribution to the investment sector and successes in the global financial market.

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