Kuwait's NBK appoints new chairman

National Bank of Kuwait, the Gulf Arab state's largest commercial lender, appointed Nasser Abdullah al-Sayer as its new chairman, the bank said on Tuesday.

Sayer previously served as deputy chairman of the bank's board of directors.

He succeeds Mohammed Abdulrahman al-Bahar, who died earlier this month. Ghassan Ahmed al-Khaled will now become deputy chairman, the bank said.

Related:

Market Performance

National Bank of Kuwait - Kuwait
630.0
-10.0 -1.56 (%)
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Saudi riyal peg pressure eases, but not gone

Saudi riyal peg pressure eases, but not gone

Volatile energy swings mean the currency remains vulnerable,...

The Gulf's sovereign dilemma

The Gulf's sovereign dilemma

With oil prices still faltering around their lowest level in...

Gulf's bond market thaws as panic over oil fades

Gulf's bond market thaws as panic over oil fades

Improved sentiment seen in the response to a $500m, five-year...

Most Popular
Most Discussed
sponsoredTracking