KIPCO Group CFO steps down for family reasons

25/02/2026 07:28 AST

KIPCO - Kuwait Projects Company (Holding) - announced that Sunny Bhatia, Group Chief Financial Officer, has decided to step down from his role effective March 31, for family reasons. Bhatia has served as Group Chief Financial Officer of KIPCO since 2022, leading the Group's finance, treasury and capital markets activities. During his tenure, he supported execution of several high impact strategic projects, balance sheet strengthening, proactive liability management and value maximization and financial oversight across the Group's portfolio.

Commenting on the announcement, Sheikha Dana Naser Sabah Al-Ahmad Al-Sabah, KIPCO's Group Chief Executive Officer, said: "On behalf of the Board of Directors and the management team, I would like to thank Bhatia for his dedication and contributions during his tenure at KIPCO. He played an important role in strengthening the Group's financial position, enhancing capital discipline and supporting the execution of key strategic initiatives across the portfolio. We wish him every success in his future endeavors and, with a strong leadership team in place, we are confident that the transition will be smooth and that the Group's strategic direction will continue as planned."


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