Moustapha Chami

Moustapha Chami was appointed Group Chief Financial Officer of Kuwait Projects Company (Holding) (KIPCO) effective May 1, 2026, succeeding Sunny Bhatia who stepped down citing family reasons. Chami joined KIPCO in 2009 and served as Deputy Group CFO since 2022, working on financial planning, capital allocation, and portfolio performance oversight. He brings extensive experience across the Group's operations and a strong understanding of KIPCO's financial and strategic framework.

Chami holds a bachelor's degree in finance from University of Saint Joseph – Lebanon (2002) and an MBA from the same institution (2003). He holds multiple professional certifications including CFA, CPA, MBA, and CMA designations. Chami has served as a part-time instructor of professional certificates including CFA levels 1 and 2, CPA, CMA, and CertIFRS, and as an adjunct professor teaching accounting, finance, and IFRS courses.

Over his tenure at KIPCO, Chami progressed through multiple senior finance roles including Group Executive Vice President and Group Senior Vice President – Finance & Accounts, leading initiatives across IFRS reporting, international taxation, ERP implementation, and group strategy. His experience includes board roles at multiple regional financial institutions including Burgan Bank in Turkey, Bank of Baghdad, Jordan Kuwait Bank, and Burgan Bank Türkiye. Prior to KIPCO, Chami held positions at American University of Kuwait, The Investment Dar, A M Al-Khorafi Est, and Ministry of Finance-Lebanon.

Career history

• Group Chief Financial Officer, Kuwait Projects Company (Holding) – KIPCO (May 2026–present)
• Deputy Group CFO, KIPCO (2022–May 2026)
• Group Senior Vice President – Finance & Accounts, KIPCO (2019–2022)
• Group Executive Vice President, KIPCO
• American University of Kuwait, The Investment Dar, A M Al-Khorafi Est, Ministry of Finance-Lebanon

What Moustapha Chami could bring to Group CFO at KIPCO: With 17 years at KIPCO and deep institutional knowledge spanning IFRS reporting, international taxation, ERP implementation, and group strategy, Chami is well-positioned to provide continuity while advancing financial discipline and long-term value creation. His board experience across multiple regional financial institutions and background in corporate governance—demonstrated through his teaching and adjunct professorial roles—positions him to strengthen stakeholder confidence during KIPCO's next growth phase in the Middle East and North Africa region.