KUALA LUMPUR: Kuwait Finance House (M) Bhd has appointed Mohammed Nasser Al Fouzan as chairman of the board of directors with effect from yesterday. Mohammed Nasser has more than 28 years of experience in the banking industry. He was chief retail banking officer at Kuwait Finance House in Kuwait prior to this appointment. Kuwait Finance has also appointed Datuk Mohamad Aslam Khan Gulam Hassan, who is currently chief recovery officer, as acting chief executive officer (CEO) effective today. This follows the resignation of CEO Datuk Seri Abdul Hamidy Hafiz. Kuwait Finance is the first foreign Islamic bank in the country.
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