BBK appoints key official for Dubai office
Manama, August 29, 2013
The Bank of Bahrain and Kuwait (BBK) has appointed Ali Ehsan Abbas as its new chief representative for Dubai office.
Effective from Sunday, Abbas will take over the position from C K Jaidev, who in turn will become assistant general manager for overseas banking in Bahrain, according to a report in the Gulf Daily News, our sister publication.
Abbas has over eight years of experience in the corporate banking division.
The bank said the announcement was in line with the new organisational structure annou-nced lately.
"BBK has always capitalised on the competencies and leadership skills of Bahrainis and given them opportunities in leading positions to take the bank forward," chief executive AbdulKarim Ahmed Bucheery said.
"We are very pleased with the new appointment and confident that it will ultimately benefit all stakeholders.
"With the appointment of Mr Ehsan we would like to continue with our Dubai representative office strategy which aims to maintain the credit volume and quality in the portfolio and seizes promising opportunities in the market to develop business," he added. – TradeArabia News Service
More Finance & Capital Market Stories
- KFH-Bahrain rebrands priority banking
- Bank Nizwa wins top Islamic bank award
- Qatar labour costs may jump: IMF
- Kuwait Q3 trade surplus hits $23bn
- Dubai non-oil trade soars to $362bn in 2013
- Deloitte appoints new managing director
- Al Ramz tops UAE trading in Feb
- IFC in $150m loan deal with Bank Audi
- SME funding focus for Abu Dhabi forum
- Insurance House posts second year of profit
- ETF global assets hit record $2.44 trillion
- Bahrain firms plan IPOs
- Serbia wins $1bn Abu Dhabi loan
- Key equity banker resigns from Saudi Fransi
- DMCC to boost Islamic commodity trade with tie-ups
- IDB, KIA units to invest in Morocco
- First Gulf to set up $1bn sukuk in Malaysia
- Singapore’s UOB Bullion and Futures joins DGCX
- Infrastructure investment ‘key to growth’
- BKIC declares 30pc dividend
- StanChart profit falls 16pc in 2013
- Veteran Saudi banker to head AMF
- Dubai World prepays $284m to creditors
- EFG-Hermes sells Damas stake to Mannai
- Ultra rich number to grow 35pc in Mideast
- Saudi IPO market 'set for big year'
- RAK 'exploring' ceramics unit stake sale
- Bahrain Bourse wins key UK award
- Alba backs Euromoney forum
- URC bond rating upgraded to stable outlook