Burgan Bank group CEO resigns; Raed Al Haqhaq named as acting group CEO
Burgan Bank group CEO, Eduardo Eguren Linsen, submitted his resignation as of 31 Dec 2018 for personal reasons, according to a release sent by the bank. The bank has named Raed Al-Haqhaq as the acting group CEO effective 1 Jan 2019, in addition to his role as the CEO for Burgan’s Kuwait operations.
Burgan Bank: KWD0.28 as of 31 Dec. 2018, Rating: Buy, TP: KWD0.35/share, MCap: USD2,317mn, BURG KK/BURG.KW
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