Financial and Banking News

Regional Banking

New Chairman Appointed At ABC International In London

Mr. Khalid 'Ali al-Turki, a Saudi national, has been elected chairman ofLondon-based ABC International Bank (ABCI), the wholly-owned subsidiary ofBahrain-based Arab Banking Corporation (ABC). He replaces Mr. 'Abdulla Saudi,who resigned on 15 October. Mr. Turki was elected at a board meeting on 9November. There were no other changes to the board.

Mr. Turki has been a...