AlQabas reports that KIB has secured Central Bank of Kuwait approval to appoint Mahmoud Abu AlAyyan as General Manager.
Mahmoud is a long serving banker of Egyptian origin. He was Deputy to Egypt's Director at the IMF, Deputy Governor of the Central Bank of Egypt, Governor and Chairman of the Board of the Central Bank of Egypt. He's also been an economic and financial advisor at the Kuwait Fund for Arab Economic Development. The AlQ article details his other banking experience.
A pair of safe hands to implement the new strategy.
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