UPDATE 2-National Bank of Kuwait CEO to retire after 30 years at helm | Reuters:
"* Ibrahim Dabdoub to step down as NBK chief after 30 years
* To retire following next bank AGM
* No replacement announced (Adds details, quote, background)
By Sylvia Westall
KUWAIT, Dec 18 (Reuters) - Ibrahim Dabdoub, one of the longest-serving bank executives in the world, will retire from National Bank of Kuwait next year after leading the Gulf Arab state's largest commercial lender for three decades.
Dabdoub, who guided the bank through Iraq's invasion of Kuwait in 1990-1 as well as a number of local and global financial crises, leaves the institution as one of the biggest and most respected lenders in the Middle East.
In recent years, the 74-year-old has spoken out against economic stagnation in Kuwait, voicing public concerns rare for the Gulf Arab business community, although his latest comments have been positive about signs of progress in development."
'via Blog this'
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