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Thu 14 Jan 2010 09:36 AM

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Drake & Scull International CFO resigns

Reason for resignation of Dubai contractor's chief financial officer not yet known.

Dubai contractor Drake & Scull International said on Thursday its chief financial officer Khaled Jarrar has resigned.

"Mr Jarrar contributed significantly and added value to the growth of DSI which the board and management greatly appreciate," the firm said in a statement on Dubai's bourse website.

The firm did not give a reason for Jarar's resignation and said an announcement of a replacement will be released in due course, it said.

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