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Sun 27 Apr 2014 03:05 PM

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Kuwait Finance House says CEO to retire from May 1 - bourse statement

Mohammed Al Omar has asked to resign and will retire from the beginning of next month

Kuwait Finance House says CEO to retire from May 1 - bourse statement

The chief executive of Kuwait Finance House, the Gulf state's largest Islamic lender, will step down from May 1, the company said on Sunday.

Mohammed Al Omar has asked to resign and will retire from the beginning of next month, KFH said in a bourse statement, which did not name a successor. Omar has been CEO since 2008.

His departure is linked to wider management changes at KFH, a source told Reuters last week.

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