Bahrain Development Bank (BDB) Chief Executive Officer Sattam Sulaiman Algosaibi has resigned from his post. The BDB Board of Directors paid tribute to the outgoing CEO, who will quit on March 31.

A BDB press release affirmed the keenness of the executive management to continue running the bank operations with the same efficiency and reputation and provide all services to customers.
It announced that an new CEO would be appointed to continue achieving the group’s goals, launch important initiatives in 2018 and spearhead innovative financial solutions that bolster its standing, being the biggest supplier of funding services to small and medium enterprises (SMEs) in Bahrain.
The statement stressed the BDB solid relations with other enterprises in Bahrain, including the Labour Fund (Tamkeen) and the Economic Development Board (EDB) towards achieving the 2030 Economic Vision.

Source: BNA