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Report: BBK appoints new CEO

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Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Report: BBK appoints new CEO

BBKB.S.C. named Reyadh Yousif Sater CEO, CPI Financial reported March 29.

The appointment, which is effective April 1, follows theretirement of former CEO A. Karim Bucheery. He has served as CEO since 2008.

Sater has worked at BBK for 38 years, most recently asdeputy CEO of the business group, a role in which he had direct responsibilityfor retail banking; corporate banking; treasury, investment and institutionalbanking; and remedial and overseas branches.