VOL. XXXVI

NO. 52

27-SEPTEMBER-1993

Financial and Banking News

REGIONAL BANKING

New Chairman Appointed At National Bank Of Kuwait

Mr. Muhammad 'Abd al-Rahman al-Bahr has been elected Chairman of NationalBank of Kuwait following the recent death of Mr. Muhammad 'Abd al-Muhsin al-Kharafi.Mr. al-Bahr is a long-serving member of the board and has been deputy chairmansince 1980. Mr. Nasir 'Abd Allah al-Sayir has been elected deputy chairman andMr. Nasir Muhammad al-Kharafi as a member of the board.