Kuwait City, Al Asimah, Kuwait, December 2025 — Soud Al-Rashed has been elevated to the position of Chief Compliance Officer at Warba Bank, taking charge of the bank’s comprehensive compliance function and regulatory governance. In this senior leadership role, he oversees Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) frameworks, Corporate Governance systems, Tax Compliance, Data Protection, and regulatory disclosures. His mandate includes safeguarding institutional integrity, mitigating regulatory risks, and ensuring Warba Bank’s full adherence to national and international banking regulations.
Before his elevation, Soud Al-Rashed served as Senior Director of Compliance and Governance at Warba Bank, where he strengthened governance structures and enhanced regulatory alignment across the organization. His work focused on embedding proactive compliance practices and supporting executive leadership on regulatory obligations and ethical conduct.
Prior to this, he served as Director, Compliance and Governance at Warba Bank, contributing significantly to the bank’s transformation into a leader in Islamic digital retail banking through strong compliance foundations and rigorous regulatory oversight.
Earlier in his career, Soud Al-Rashed spent several years at the Central Bank of Kuwait in key roles including Head of Inspection, Inspection Team Leader, and Senior Inspector, where he played a pivotal role in supervisory reviews, inspection activities, and enforcement of regulatory standards across financial institutions.
He began his compliance career at Kuwait Finance House, working as Senior Compliance Officer, where he supported core compliance functions, internal audits, and regulatory reporting, laying a strong foundation for his progressive growth in Kuwait’s financial regulatory ecosystem.
About Warba Bank
Warba Bank was established on February 17, 2010, through an Amiri Decree aimed at boosting Kuwait’s economic landscape following the financial crisis. It joined the Islamic Banks Register under the Central Bank of Kuwait on April 7, 2010. Since its inception, Warba Bank has earned the trust of Kuwaitis and swiftly established itself as a prominent financial institution, recognized today as a leader in Islamic Digital Retail Solutions.
Read Also : When HR “Produces Nothing”: A Response to Jennifer Sey’s Anti-HR Vision
The Fine Balance: Navigating Work, Life, and Mental Wellbeing
Mind the Leadership Gap – From Learning to Real-World Impact
How the Adecco Group is empowering its employees for the future of work
