Reference to the Capital Markets Authority's Regulations concerning Disclosure of Substantial Information and to Chapter 4, Book (10), Article 4-1-1 of the Executive Bylaws issued on 9/11/2015.

 

Date: 02/01/2017.

 

Name of Listed Company: Kuwait International Bank.

 

Substantial Information: We would like to inform you that the Board has decided to approve the end of services of Dr. Sadeq Jaafar Abul, GM, Board Of Directors Affairs Management Department, for retirement reason, effective from 29/12/2016.
The Board has also decided to appoint Mr. Ismail Ibrahim Alshaikh, as GM- Board of Directors Affairs Management Department, as of Monday 02/01/2017.

Effect of Substantial Information on the Company’s Financial Position: None