Burgan Bank Deputy Chairman Mohamed Al Bisher submitted his resignation, according to a release sent by the bank. The bank has previously announced that the Group CEO, Eduardo Eguren Linsen, had submitted his resignation as of 31 Dec 2018 for personal reasons, and that Raed Al-Haqhaq was named as the acting group CEO effective 1 January, in addition to his role as the CEO for Burgan’s Kuwait operations. (Company disclosure)
Burgan Bank: KWD0.28 as of 7 Feb. 2019, Rating: Buy, TP: KWD0.35/share, MCap: USD2,367mn, BURG KK/BURG.KW
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