This biographical article is written like a résumé. (May 2024) |
Saad Al-Barrak | |
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سعد البراك | |
Deputy Prime Minister | |
Assumed office June 18, 2023 | |
Monarchs | Nawaf Al-Ahmad Al-Sabah Mishal Al-Ahmad Al-Sabah |
Prime Minister | Ahmad Al-Nawaf |
Minister of Oil | |
Assumed office June 18, 2023 | |
Preceded by | Bader Al-Mulla |
Minister of State for Economic & Investment Affairs | |
Assumed office June 18, 2023 | |
Preceded by | Manaf Al-Hajeri |
Personal details | |
Born | 5 September 1955 |
Citizenship | Kuwait |
Alma mater | Georgetown University, Ohio University, Harvard Business School, University of London |
Occupation | Businessman, Engineer |
Saad Al-Barrak is a Kuwaiti businessman, entrepreneur, and investor. He is currently the Deputy Prime Minister, Minister of Oil and Minister of State for Economic & Investment Affairs. Al-Barrak's career started as an engineer at International Turnkey Solutions where he was promoted to CEO after a five year tenure. Al-Barrak grew ITS through his novel method of management which turned the organization from a local player to a regional IT powerhouse. Al-Barrak is best known for his role as CEO of Zain Group where he turned Zain (formerly known as MTC) from a local telecom company with 500,000 users to a global network with 72 million users. Al-Barrak's leadership and expertise in change management was the element to Zain's success. The methodology of management that Al-Barrak brought in was the catalyst to making Zain Group into one of the largest telecom companies geographically.