United Arab Bank chief steps down
ABU DHABI, October 30, 2015
United Arab Bank chief executive officer Paul Trowbridge has left the Abu Dhabi-listed lender, three sources aware of the matter told Reuters on Friday.
Two of the sources said that Trowbridge, who has held the position of chief executive since March 2009, was asked by the board recently to step down, though they were unaware of the reason for the request.
Trowbridge declined to comment when contacted by Reuters and a spokeswoman for the bank could not be reached for immediate comment.
Deputy CEO Samer Tamimi has taken the reins as acting chief executive of UAB, which is majority owned by Commercial Bank of Qatar, the sources added. - Reuters