VOL. XLI

No. 20

18-May-1998

SAUDI ARABIA

New Managing Director At Arab National

Mr. Nemeh Sabbagh will leave National Bank of Kuwait (NBK) to become managing directorof Arab National Bank of Saudi Arabia, according to local newspapers. Mr. Sabbagh is oneof four general managers under Mr. Ibrahim Dabdoub at NBK and in September will replaceMr. Roy Garnham, Arab National's treasury and international relations manager, who wasacting managing director following the departure of Mr. Elie al-Haj.