Faisal Galadari, CEO of the Abu Dhabi-based Arab Bank for Investment and Foreign Trade (Al Masraf) has resigned, the bank said in a press release on Wedenesday.

The bank accepted Galadari's choice to resign for “personal reasons”. He will be replaced by Abdelrazzak Trabelsi as acting CEO.

Chairman Farhat Omar Ben Gdara thanked Galadari for his “tangible efforts and dedication during his tenure as CEO of Al Masraf”.

(Writing by Imogen Lillywhite; editing by Seban Scaria)


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