RAKBANK Chief Exec To Retire, Replaced By Lloyds Banker

Ian Larkin of Lloyds will replace Graham Honeybill, who will become a non-executive director.



10. RAKBANK

2012 assets: $7,419,041 2011 assets: $6,670,987 Growth: 11.21% Net profit in 2012: $381,922 ROA 2012: 5.15%

The Chief Executive of National Bank of Ras Al Khaimah (RAKBANK), Graham Honeybill, is to retire in July and will be replaced by Lloyds banker Ian Larkin, two sources told Reuters on Wednesday.

Honeybill will become a non-executive director of the Abu Dhabi-listed lender, the sources said.

Larkin is currently a managing director at Lloyds TSB Commercial Finance in the U.K., according to his LinkedIn profile.