Khalid Owaida

• As a Chief Information and Technology Officer, leading a hybrid business technology and digital services with defined role to drive digital transformation within the organization and accelerate implementation of digital products and services.
• Provide technology direction and leadership through solid strategic planning focusing on functional goals delivery as well as developing and building people skills and capabilities to establish baseline for digital-driven organization.
• Build Short- and Long-term technology vision identifying, assessing and mitigating strategic objectives vs risks with alignment and support to organization business goals and objectives.
• Lead technology and digital services team to coach, promote and work as change catalyst to build awareness across the organization on technology projects, and technology initiatives.
• Build a financially leveraged team by creatively balancing outsourced resources with home-grown teams across organization
• Overlook the planning and execution of technology strategic initiatives leading coordination with internal and external stakeholders including accountability for communication with all stakeholders.
• In charge of establishment and management of budgets for the organization technology needs.
• Liaise with HR and Finance to plan the structures and resourcing of technology needs.
• Ensure adherence with highest industry standards for cybersecurity defense technologies and practices.
• Work closely with other senior management and executives and build relationships with key stakeholders in order to drive data-driven decisions and ensure technology buy-in toward successful strategy execution.
• Managed and delivered more than 15 technology initiatives including implementation of core business management platforms projects with total capital expenditure size $1.2 Million to drive organization digital resilience and increase clients’ touchpoints i.e. - Online Trading, Client Portal, WhatsApp for Business, Crowd Funding Platform, Digital Onboarding, PropTech Tenets and landlord Portals, payments solutions and Human Capital Management Platform etc.
• Established Online Trading business stream and overlook business development of all digital channels.
• Managed more than $20 Millions of Asset under management through Online Trading Channels achieving trading turnover of USD $75 Millions in the first year of operations.
• Introduced IPO platform to manage one of the major family-owned companies private offering and listing in Boursa Kuwait with 10 times coverage of initial offer raising more than $320 Million.

• Leading enterprise-wide information systems convergence and digital transformation to drive both distributed and centralized business technology operations to achieve process efficiency, Cost Effectiveness, and Revenue Stream Optimization. Work closely with other senior management and executives to create strategic plans and align business objectives to contribute to creating an environment for business’ sustainability and future growth.
• Driving the change culture in the organization by introducing technology as a catalyst and differentiator to enable hunters accelerate growth toward achievement of enterprise strategic goals.
• Ensure protection of enterprise information and IT assets by adopting and deployment of latest cybersecurity protection technology and adhering to best practices in that field.
• Establish the IT and Admin department’s operation goals and objectives overlooking and directing company administration functions including facility management, logistics, support services, procurement, contracting and government relations.
• Extended Management of Information Technology and Administration for KIPCO Holding, KAMCO DIFC and 6 other subsidiaries and sister companies.

• Playing a key role in establishing the overall direction of the organization, providing strategic advice on business processes to support the business goals and growth objectives. Reviewing annual financial reports and accounts statements prior to submission to Regulatory and Capital Market Authorities, ensuring that the organization meets all regulatory and legal requirements to maintain its status as a registered brokerage firm and providing subject matter expertise within the Audit Committee to ensure the implementation of effective controls, systems and processes across the business

- Leading the KFIC in planning and implementing enterprise information systems to support both distributed and centralized business operations and achieve more effective and cost beneficial enterprise-wide IT operations
- Oversight responsibilities for all KFIC information Systems from planning, budgeting, development, and operations in order to ensure compliance with the requirements
- Provided technology vision and leadership in the development and implementation of the information technology and regularly evaluate existing technology, information systems, and staffing, research new solutions and technologies and recommend changes.
- Negotiation and execution of agreements with vendors, and service providers
- Liaise with Risk Management and Admin Affairs to develop and maintain BCP and DRP plans
- IT security Policy enforcement to ensure protection of the IT assets, integrity, security and privacy
- Developed Change Management Procedure and ISS policies and procedures
- Preparation of annual IT budget and overlook IT expenditure of the organization
- Provided advice on evaluation, selection, implementation and maintenance of information systems, ensuring appropriate investment in strategic and operational systems.
- Managing periodic IT audit reviews and online services penetration testing exercises.
- Determines staffing needs, and ensures resources are available to accomplish priorities;
- Leading a team of 11 IT staff (1 Executive Manager MIS, 1 Manager MIS, 1 Executive Manager system development, 3 system analysts, 1 Senior Manager support Services, 3 technical support engineers, and 1 project coordinator)

- Participated as project manager in the implementation of USD 2M e-brokerage business unit (online trading platform) in Q4 2004;
- Managed the trade online after soft launch in March 2005 with single market (KSE) online trading channel; and continued developing the business unit to become the second major multi-market online trading provider in Kuwait;
- Currently Managing operations on day-to-day basis with an average daily turnover of 25M USD;
- Oversees portfolio of 4, 000 customers with USD 81M total of customer accounts Net worth;
- Ensured steady revenues and control expenses over the past 4 years of operations to successfully started to achieve net operational profit in the 3rd year;
- Managed to over achieve budgeted net profit for 2008 by 10% despite the financial crises;
- Ensured delivery of superior customer service and satisfaction, culminating in all-time high customer-satisfaction;
- Oversees business development and expanding online business including cross selling of collateralized loans (total collateralized loans portfolio worth of USD 10M)
- Managing relationship with local and international brokers as well as business partners in which we provide e-brokerage white labeling services to maintain high quality of delivery;
- Liaise with major market data feed providers (exchanges, Reuters, Bloomberg) as source of stock quotations for prices, market researches and analysis, news, and corporate actions;
- Managing e-brokerage application project phases, liaising with primary consultants in developing new business requirement, implementation, completing application development QA cycle, and deployment of new services;
- Leading a team of 10 trade online staff (1 Senior Manager, Corporate Customers Relations, 1 Manager Retail Customers Relations, 4 front desk Customer Relations Officers, 2 Sales executives, 2 Back office operations staff)

• Managed the Internet Banking, Telebanking, WAP, and SMS functions of operations
• Technical Project Manager to work in tandem with during implementation of e-banking platform
• Directed and facilitated the Oracle HR/Payroll Project by allying with vendor technical and functional consultants; also supervised the transition of the SWIFT X.25 to the SWIFTNet Migration Project
• Piloted support for the merger of various back-end systems (retail, cards, customer authentication system) into electronic delivery channels applications (Telebanking/IVR)

•Built and implemented the following systems:

1-Clinical information System;
2-Insurance Brokerage System;
3-Inventory Control and Accounting Systems;
4-Point of Sales Systems.