Mubasher: Gulf Investment House (GIH) has approved the resignation of its CEO Bashar Nasser Altuwaijri.
Altuwaijri will continue in his position until 30 May 2019, according to a statement to Boursa Kuwait on Monday.
GIH further noted that the CEO’s resignation will not impact its financial position.
On Sunday, GIH reported that profits surged to KWD 12.23 million during the fourth quarter of 2018, from KWD 368,000 in Q4-17.