New chairman of City Bank
Aziz Al-Kaiser has been elected chairman of the Board of Directors of The City Bank Limited with immediate effect, says a press release.Mohammed Shoeb has also been made vice-chairman of the bank. They were elected at a board meeting yesterday. Educated in UK, Kaiser is the vice-chairman of Partex Group. He was the immediate past vice-chairman of the bank. He also served as chairman of Janata Insurance Company Limited. Shoeb is the chairman of Phoenix Insurance Company Limited, vice-chairman of Phoenix Leasing Company Ltd and Phoenix Group of Industries.
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