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Disclosure on appointment of GM- Risk Management Department

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

 

We would like to inform you that Kuwait International Bank has appointed Mr. Feroz Noorani, as a General Manager of Risk Management Department following obtaining the official approvals from regulatory bodies. The aforementioned staff has commenced his work duties as of 14/01/2018.


disclosure form concerning disclosure of material information (Annexure No. 11)


Date: 14/01/2018
 


Name of Listed Company: Kuwait International Bank

 

Material Information: We would like to inform you that Kuwait International Bank has appointed Mr. Feroz Noorani, as a General Manager of Risk Management Department following obtaining the official approvals from regulatory bodies. The aforementioned staff has commenced his work duties as of 14/01/2018. 

 

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