KUWAIT Feb 16 National Bank of Kuwait
said on Sunday that it had appointed Isam al-Sager as its new
group chief executive, succeeding Ibrahim Dabdoub, who is
retiring from the post after three decades.
Sager is currently Dabdoub's deputy; he became CEO of the
bank's Kuwait business in 2008 and was promoted to deputy group
CEO in 2010. Reuters reported last month that Sager, who joined
NBK more than 30 years ago, was the frontrunner to succeed
The head of the bank's Kuwait business, Shaikha al-Bahar,
has replaced Sager as deputy group CEO, the bank said.
(Reporting by Sylvia Westall; Editing by Andrew Torchia)