Zain Group has appointed Mohammad Abdal as chief communications officer (CCO) at Zain Group. In this newly created role, Abdal will head investor relations, corporate communications, and corporate governance and compliance.
He has overseen the IPOs and capital restructuring of all Zain entities over the years, including the listings of Zain Saudi Arabia, Zain Bahrain and Zain Iraq.
Abdal will continue to lead the implementation of corporate governance standards and principles across Zain operations and its related subsidiaries in compliance with the laws and regulations, and best practices. Abdal will also provide the necessary support to board members and executive management on governance issues, and will serve as a liaison between key stakeholders.
He is a founding member and chairman of the Middle East Investor Relations Society chapter in Kuwait and a member of the National Investor Relations Institute (NIRI). He graduated in 2001 from Portland State University, Oregon, US with a Bachelor of Science in Business Administration with a double major in Finance and Management Information Systems. He has also attended executive programs in recent years that earned him several recognitions as a Certified Investments and Derivatives Auditor (CIDA), a Certified Investor Relations Officer and a Certified Corporate Governance Officer.
Commenting on the appointment, Zain Group CEO Scott Gegenheimer said: “It is a particular pleasure to promote a home-grown Zain talent who has an impressive and successful track record to a senior position, fulfilling our human resources policy of capitalizing on and promoting our talented leaders from within.”
Abdal said: “I am honored to have been promoted to this position, and I appreciate the confidence that has been placed in me by the Zain Group Board and senior management. Integrity and transparency are given the highest emphasis in all aspects of Zain’s operations and culture, and my task, with the support of a highly qualified team, will be to ensure that this continues. As we communicate material information in a timely manner, we look to further develop solid relationships with regulatory authorities, investors, analysts, media and other stakeholders in Kuwait and across the region.”