The board of directors of National Bank of Kuwait (NBK) Group has appointed Isam Jasem Al Sager as NBK Group chief executive officer.

Al Sager succeeds Ibrahim Shukri Dabdoub, who will retire after the upcoming general assembly meeting.

The board also appointed Shaikha Khaled Al Bahar as the deputy group CEO.  

Al Sager is currently NBK’s deputy group CEO, a position he held since 2010. He also held the position of NBK Kuwait CEO between 2008 and 2010.

Shaikha Al Bahar is currently NBK Kuwait CEO. She was appointed to that position in 2010. Prior to that, she was NBK Kuwait deputy CEO between 2008 and 2010.

Dabdoub’s successful career at NBK extends for over 53 years, of which 30 years at its helm. Dabdoub has successfully led the bank to becoming one of the leading financial institutions in the Middle East with operations in 16 countries and total assets of $66 billion, while maintaining its ranking among the world’s safest banks with the highest credit ratings in the Middle East.

Dabdoub will continue to serve the bank as an advisor to the board of directors.  – TradeArabia News Service