Mubasher: Kuwait International Bank (KIB) on Monday announced that it has appointed Raed Jawad Bukhamseen as the lender’s vice chairman and CEO.
The Kuwaiti Islamic bank obtained the necessary approvals from the Central Bank of Kuwait (CBK), according to KIB’s recent statement.
Bukhamseen has been KIB’s vice chairman since 2015 and a member of the bank’s Board of Directors since 2010.
It is worth noting that KIB’s capital amounts to KWD 103.73 million distributed on 1.037 billion shares.
By the end of Monday’s session, KIB’s stock declined 0.42% at 237 fils.
