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Kuwait Finance House Says CEO To Retire From May 1

Kuwait Finance House Says CEO To Retire From May 1

Mohammed al-Omar has asked to resign and will retire from the beginning of next month, KFH said in a bourse statement.

The chief executive of Kuwait Finance House, the Gulf state’s largest Islamic lender, will step down from May 1, the company said on Sunday.

Mohammed al-Omar has asked to resign and will retire from the beginning of next month, KFH said in a bourse statement, which did not name a successor. Omar has been CEO since 2008.

His departure is linked to wider management changes at KFH, a source told Reuters last week.

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