Wednesday 1 October 2014

Kuwait investment firm Global says management withdraws resignations | Reuters

Kuwait investment firm Global says management withdraws resignations | Reuters:



"Global Investment House said its executive management team, including Group Chief Executive Maha al-Ghunaim, had withdrawn their resignations after resolving certain unspecified issues with the board.



The Kuwait-based firm's management team comprising Group CEO Ghunaim, CEO Bader al-Sumait, and executive vice presidents Khawla al-Roumi and Nawal Mulla-Hussain had resigned prior to its general meeting held on Sept. 14.



The investment bank has not disclosed the issues that led to the resignations, either in Tuesday's statement nor in a separate filing on Sept. 17."



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