Kuwait's CBK appoints new chairman

Bader Al Ahmad replaces Dherar Al Rabah, who was chosen as chairman in April.
Kuwait's CBK appoints new chairman
BOARD RESIGNS: CBKs previous board headed by Abdulmajeed Shatti had resigned in January.(Getty Images)
By Eman Goma
Thu 13 May 2010 11:43 AM

Commercial Bank of Kuwait has appointed a new chairman, its second this year, the lender said on the bourse website on Thursday.

Bader Al Ahmad replaces Dherar Al Rabah, who was chosen as chairman in April, after shareholders elected a new seven-member board for the bank. CBK's board accepted Rabah's resignation earlier this week.

CBK's previous board headed by Abdulmajeed Shatti had resigned in January. The lender did not provide reasons for the resignations. (Reuters)

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