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Sun 29 Jan 2017 04:47 PM

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Al Hilal Bank CEO departs after completing restructuring plan

CFO to lead the Abu Dhabi bank on acting basis

Al Hilal Bank CEO departs after completing restructuring plan
Khaled Abdulla Neamat Al Khoori

Al Hilal Bank’s chief executive is leaving and will be replaced on an acting basis by the chief financial officer, the Abu Dhabi government-owned Islamic lender said on Sunday.

Khaled al-Khoori, who took over as chief executive in late 2015 to restructure the bank, is moving on after completing his task, the statement said.

CFO Craig Bell will assume the post of acting chief executive and a new chief executive will be announced in due course, the bank added.

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