Reuters: Market News: PROFILE-Kuwait Central Bank Governor Mohammad al-Hashel

Reuters: Market News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

PROFILE-Kuwait Central Bank Governor Mohammad al-Hashel Mar 26th 2012, 07:00 KUWAIT, March 26 | Mon Mar 26, 2012 3:00am EDT -- Kuwait's cabinet has approved Mohammad al-Hashel as the new governor of Kuwait's central bank, promoting the 37-year-old from his position as deputy. -- He replaces veteran policymaker Sheikh Salem Abdul-Aziz al-Sabah, who headed the central bank for 25 years and resigned last month, protesting at a rapid rise in government spending. -- Hashel had served as Sheikh Salem's deputy since January 2009 and is expected to follow in his footsteps despite his relative lack of experience. -- Hashel studied in the United States, obtaining a postgraduate degree in finance from Old Dominion University in Virginia and an MBA from Emory University in Georgia. -- He was a member of Kuwait's stock exchange committee from 2008-2011, during a time when the country decided to privatise the bourse. The privatisation plan is progressing slowly. -- Hashel is also a member of the technical committee of the Islamic Financial Services Board (IFSB), according to his biography posted on the central bank's website www.cbk.gov.kw. The Malaysia-based IFSB issues guidance for the Islamic financial services industry.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions