Al Ahli Bank of Kuwait names Omar Wahby as CEO in UAE

Omar started his career as an investment banker in Egypt and has worked in senior roles in top institutions

  
A Kuwaiti trader is seen at the Kuwait Boursa stock market trading hall in Kuwait city, Kuwait September 16, 2019.

A Kuwaiti trader is seen at the Kuwait Boursa stock market trading hall in Kuwait city, Kuwait September 16, 2019.

REUTERS/Stephanie McGehee

Al Ahli Bank of Kuwait (ABK) has appointed Omar Wahby as CEO in the UAE, the bank said in a statement Tuesday.

Omar started his career as an investment banker in Egypt and has worked in senior roles in top institutions, including BNP Paribas and Citibank.

His last position was with National Bank of Kuwait as Deputy CEO for the International Banking Group. Omar has extensive experience across key markets of the MENA region, the statement said.

Commenting on his appointment, George Richani, Group CEO of ABK said: “We are very pleased to welcome Omar to ABK. He has an excellent track record of strong leadership, both in Kuwait and the MENA region, and I am certain that he will grow the UAE business, and add great all round value to the Group.”

Within UAE, Al Ahli Bank of Kuwait has two full-service branches in Abu Dhabi and Dubai and one branch in the DIFC which acts as regional hub for wholesale banking, regional corporate finance and financial institutions, according to the bank’s website.

(Writing by Brinda Darasha; editing by Seban Scaria)

brinda.darasha@refinitiv.com

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