Barrak A. Al-Sheatan
Minister of Finance, State of Kuwait
H.E. Minister Barak Ali Al-Sheatan was appointed Minister of Finance for the State of Kuwait on 16 February 2019, By Amiri Decree 49/2020.
Mr. Al- Sheatan has over 30 years’ experience in public finance.
Prior to his appointment, Al-Sheatan was the Managing Director of the Public Authority for Minors Affairs (PAMA) from 2015, and the Assistant Undersecretary for Public Accounting Affairs from May 2007 until February 2015.
As Assistant Undersecretary, he supervised the transfer of Kuwait’s Offset Program to the Kuwait Direct Investment Promotion Authority (KDIPA) where he later joined as a board member in 2014. He also served on the board of the Central Bank of Kuwait, and the Kuwait Investment Company.
In 2015, H.E. was appointed as the Managing Director of PAMA, responsible for the financial well being of Kuwait’s Minors and the protection of their inheritance. He also served on the boards of Zakat House and Kuwait Finance House (KFH).
Minister Al-Sheatan holds a Bachelor’s Degree in Accounting from Kuwait University.