Monday, May 17, 2010

Dr. AlHashel to the New Capital Markets Authority. Sh. Mishal to the Central Bank?

Both AlQabas and AlWatan report that Central Bank of Kuwait Deputy Governor, Dr. Mohammed Y. AlHashel has agreed to take up the post of the head of the newly formed CMA.
AlQabas reports that Shaykh Mishal AlJabir AlAhmad Al Sabah has been chosen to replace him as Deputy Governor at the Central Bank.  Shaykh Mishal is currently Assistant Undersecretary at the Ministry of Commerce and Industry where he is also head of the Office of Investment of Foreign Capital.

Dr. Mohammed is described as both an academic and a banker.  More importantly he is seen as active and decisive - two things that are required for the position.

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