Dubai's BLME Holdings CEO steps down after four years

Giles Cunningham will be replaced by head of business Andrew Ball

  
A general view of Dubai International Financial Centre (DIFC) (R) among high-rise towers in Dubai, United Arab Emirates June 23, 2019. Picture taken June 23, 2019.

A general view of Dubai International Financial Centre (DIFC) (R) among high-rise towers in Dubai, United Arab Emirates June 23, 2019. Picture taken June 23, 2019.

REUTERS/Christopher Pike

The CEO of BLME Holdings plc, Giles Cunningham, will step down after four years and will be replaced by current head of business Andrew Ball, effective November 1, it was announced today.

Cunningham joined the bank, based in London and DIFC, Dubai, from Qatar Islamic Bank, Doha, in 2016.

In a statement to NASDAQ Dubai, Adel Al Majed, chairman of the board of BLME Holdings plc said: “The Board would like to thank Giles for the substantial contribution he has made to BLME. He has energised the organisation and worked tirelessly to transform its business results, governance and culture. He leaves with our full appreciation.”

Ball joined BLME in 2015 from the International Bank of Qatar.

(Reporting by Imogen Lillywhite; editing by Daniel Luiz)

(imogen.lillywhite@refinitiv.com)

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© ZAWYA 2020

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