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English news

08-Nov-2016

Commercial Bank of Dubai appoints new CEO

Commercial Bank of Dubai has hired Bernd Van Linder as CEO. He will take up the position early next year. Van Linder is currently CEO of Saudi Hollandi Bank. CBD’s current CEO Peter Baltussen is set to retire early next year. (Company disclosure)   Commercial Bank of Dubai: AED5.00 as of 7 November, Rating: Sell, FV: AED4.60/share, MCap: USD3,818mn, CBD UH / CBD.DU  

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