VOL. XXXVI

NO. 25

22-MARCH-1993

Financial and Banking News

REGIONAL BANKING

National Commercial Bank Set to Appoint Former Citibanker to Top New Post

National Commercial Bank (NCB) is set to appoint Mr. Mike Callen, a formerVice-Chairman of Citibank, as advisor to Shaikh Muhammad bin Mahfouz, its ChiefOperating Officer and Chairman of the management committee. The fact that Mr.Callen's post is being billed as that of an advisor rather than an executiveofficer does not diminish the fact that he will...