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