CBK appoints Nuhad Saliba as CEO

Saliba enjoys strong professional business record fraught with diverse achievements which qualify him to occupy this important position.


Bank of Israel: Hapoalim CEO can keep his job

Nonetheless, Zaken found flaws in Bank Hapoalim's approval of credit to then-chairman Dan Dankner, when Kenan served as head of the bank's corporate division. In that capacity, Kenan was responsible for submitting Dankner's requests to the


CEO of Elaf Bank Departs

The Board appointed Mr. Sohail Niazi, the COO of Elaf Bank, to assume the role of acting CEO.


Bahrain Mumtalakat CEO resigns

His resignation was accepted by the board of the of the sovereign wealth fund that manages state companies, including Gulf Air and Aluminium Bahrain.


Head of Bahrain sovereign wealth fund quits

The move looks set to boost the Gulf state’s troubled financial sector, but it has also raised concerns about the erosion of reformists from leading government roles.


World Bank chief says U.S. should lead some global bodies

The World Bank last week launched the nomination process to select a new president to succeed Zoellick when he steps down in June, inviting names from any of its 187 member countries. The Obama administration has said it would open the process to competit


Ahli Bank appoints new CEO

During Murad’s tenure, the bank witnessed remarkable progress and development and achieved excellent financial results.


Hillary Clinton among contenders for World Bank top job

US Secretary of State Hillary Clinton and former White House economic adviser Lawrence Summers are two leading candidates to succeed World Bank President Robert Zoellick when he leaves in June, said two people familiar with Obama administration discussion


Emirates NBD Deputy CEO said to leave

He has been with the group since 1986, was appointed deputy CEO in May 2009 and was also in charge of wholesale banking, according to a press release issued at the time.


Carlyle says Middle East chief stepping down

Walid Musallam will be succeeded by Can Deldag and Firas Nasir, Rosanna Konarzewski, a spokeswoman for Carlyle in London, said by telephone. Carlyle, which is investing a $500 million fund in the region, declined to elaborate on the reasons for his depar