Kuwait Finance House Wins Two Prestigious Awards in PWM Magazine

Kuwait Finance House (KFH) won two prestigious awards at the 2026 Global Private Banking Awards, organized by Professional Wealth Management (PWM), part of the Financial Times Group, in recognition of its excellence, innovation, and leadership in delivering private financial services and wealth management across the region.

Alexander Lidel, the Group’s Executive Vice President for Private Financial Services and Wealth Management, received the awards at a ceremony held in London, attended by leading institutions in private financial services and wealth management from around the world.

Commenting on this achievement, Lidel stated that this honor reaffirms KFH’s commitment to delivering innovative wealth management solutions, enhancing customer experience through advanced financial services, and consolidating its leading position in providing Sharia-compliant private financial services.

He noted that the two awards also reflect the bank’s success in implementing a strategy to develop innovative private financial services solutions that meet customer aspirations, and strengthen its position as one of the leading providers of Sharia-compliant wealth management services in Kuwait, Bahrain, Turkey, Egypt, and the United Kingdom.

He emphasized the bank’s continued investments in digital transformation, product innovation, and the development of a comprehensive suite of wealth management and investment advisory services, tailored to meet the evolving needs of its high-net-worth and wealthy clients.

Lidel explained that KFH continues to strengthen its capabilities in private financial services and wealth management through an integrated service model that combines global best practices, advanced financial solutions, and extensive expertise in Islamic finance.

He affirmed the bank’s dedication to delivering innovative added value to customers, while enabling the growth and development of the private financial services sector across the region.

He added: “Amid ongoing economic and investment developments, the bank remains committed to providing a comprehensive range of private financial services and wealth management solutions, including daily banking transactions, savings solutions, real estate financing, management of multi-asset global discretionary portfolios, investment in global equities, sukuk, and real estate, treasury services, investment solutions, leasing and trade finance services, as well as diverse investment opportunities under an open-end investment model, enabling clients to benefit from local, regional, and global markets. Collectively, these services help our clients grow and preserve their wealth for the present and future generations.”

Launched in 2009, the Global Private Banking Awards are among the most prominent benchmarks in the industry, honoring outstanding institutions in private financial services. The awards combine qualitative assessment with quantitative performance analysis to identify global leaders in the field.

Entries are evaluated by an independent panel comprising leading industry experts from North America, Europe, and Asia, based on a comprehensive evaluation methodology utilizing key performance indicators established by PWM magazine.