Mubasher: The CEO of Al Ahli Bank of Kuwait (ABK), Michel Ontowan Accad, will retire as of 15 January 2020.

The bank’s board of directors approved the CEO's retirement request during the meeting held in mid-December, according to a statement on Wednesday.

It is worth noting that Accad has served as ABK’s CEO since May 2014 and was the chief general manager and the CEO of Kuwait’s Gulf Bank from 2009 to 2013.