CEO of the International Banking Group of Kuwait’s National Bank steps down

The National Bank of Kuwait (NBK) has announced in a statement the resignation of Georges Richani, the CEO of the bank’s International Banking Group.

Richani resigned for personal reasons, according to the bank.

NBK boasts local and international network, which includes branches, subsidiaries and representative offices in New York, Geneva, London, Paris, Turkey, China and Singapore, alongside its regional presence in Egypt, Lebanon, Jordan, Iraq, Saudi Arabia, UAE and Bahrain.

The bank posted profits of DK 10.08 million ($32.95 million) in the first half of 2020, down from KD 53.67 million ($175.48 million) in 2019, in its international segment.

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