Esterad's Benkhadra to Become CEO of European Islamic Bank

15/03/2010 00:00 AST

Esterad Investment Co., a Bahraini trade and investment firm, said its Chief Executive Officer Subhi Benkhadra will become the CEO of the European Islamic Investment Bank Plc.

Esterad and European Islamic formed an asset management business to be based in Bahrain, Esterad said in a statement to the Bahrain bourse today.

Benkhadra will be replaced as Esterad's CEO by Faisal Janahi, while Khalid El-Ali and Faisal Shehab will be appointed as assistant CEOs.


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