National Bank of Bahrain appoints new CEO

National Bank of Bahrain (NBB) has appointed Jean-Christophe Durand as its new chief executive, effective Dec. 1, it said on Wednesday.

Durand takes over from current chief executive Abdul Razak al-Qassim who is retiring. Al-Qassim will continue working with the bank as an adviser to Durand until the end of next month, NBB said in a statement.

Previously adviser to the chief executive of Bahraini sovereign fund Mumtalakat, Durand was the Middle East and Africa head of BNP Paribas before that.