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Al Mal Investment names new CEO

Al Mal Investment names new CEO
The decision will come into force starting from 25 August
ALMAL
ALMAL
-3.28% 5.90 -0.20

Mubasher: The board of Al Mal Investment Company has approved the appointment of Syed Azhar Hussein Syed Dran Shah as the company’s new CEO.

The decision will come into force starting from Sunday, 25 August, according to the company’s filing to Boursa Kuwait.

It is worth noting that the company posted a 6.2% year-on-year increase in losses in the second quarter of 2019, recording KWD 705,330.