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Dubai Islamic Bank CEO quits

  • United Arab Emirates: Thursday, October 11 - 2007 at 10:39

Dubai Islamic Bank has announced that its chief executive officer, Saad Abdul Razak, is stepping down to take a government job, reported Reuters. The move follows the loss last month of the bank's former head of capital markets Ehsun Zaidi, and Omair Mooraj, former head of syndication and project finance. A source at the bank said no circumstances at the bank had prompted the move, and that Abdul Razak had moved on to a more senior role.

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