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Press Releases | Memorandum of Understanding between United Networks and Burgan Bank

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Memorandum of Understanding between United Networks and Burgan Bank


Kuwait on July 17th, 2006
United Networks announce that it had signed a Memorandum of Understanding with Burgan Bank, United Networks will conduct studies for improving the overall IT infrastructure and infrastructure management.. within the bank. The review will ensure that Burgan Banks IT services are measured against international standards

Having attended the signing ceremony on behalf of United Networks the Managing Director Mr. Mahmoud Al-Sanea and on behalf of Burgan Bank Mr.Peter Sherman Deputy Chief Executive Offcier and Mr Simon L. Clements Senior General Manager, Operations Group.

Mr. Al-Sanea said " We are very pleased to cooperate with Burgan Bank, a leading banking institution and this represents excellent cooperation among members of the KIPCO group where we all belong. Al-Sanea added " United Networks is the first company that is conducting such studies where United Networks has the most modern means of communications technology, Information technology and management experience and expertise to conduct such studies."

Mr. Khaled Samy United Networks' Project Manager, said " these studies include the ways and solutions that are used to manage IT department and compare it to the modern management which called (ITIL). It represents the best practices for IT service management in addition to the best infrastructure of telecommunications technology provided by United Networks.

Mr Peter Sherman said " At Burgan Bank we are determined to leverage the considerable synergies that exist between companies in the KIPCO group. This particular agreement clearly shows that determination being put into practice"

Simon Clements stated " Burgan Bank is delighted to be able to benefit from the expertise offered by a sister company from within the group and I look forward to a growing and beneficial relationship.

It is noteworthy that the United Networks and Burgan Bank belonged to Kuwait Projects Company group and it is one of the largest Kuwaiti companies with varied activities and more visible in the Middle East and North Africa.
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