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Arab Banking Corp. president and ceo to retire in July
- Bahrain: Thursday, February 07 - 2013 at 15:13
The Bahrain All-Share Index closed off 0.10% at 1,088.08 Thursday. Shares of Arab Banking Corp., known as ABC, finished trading unchanged at $0.37. Earlier in the day, the lender said its president and chief executive Hassan Ali Juma will retire in July and will hand over to his day-to-day management responsibilities to his deputy Dr. Khaled Kawan at the AGM end of March. Juma has been serving ABC as president and ceo since April 2008. In a statement to the Bahrain Bourse, Juma thanked the board of directors and all shareholders and stakeholders for their support during his tenure.
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Gérard Al-Fil, Financial JournalistThursday, February 07 - 2013 at 15:13 UAE local time (GMT+4)
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