New chief for National Bank of Bahrain

Handshake1The National Bank of Bahrain has appointed Jean-Christophe Durand, formerly head of corporate and institutional banking for BNP Paribas in the Middle East and Africa, as its new chief executive.

Durand will take over from Abdul Razak Al Qassim, who has retired after a career at the bank that began in 1977. Al Qassim will stay on as an adviser to the incoming chief executive until the end of the year.

“Durand has spent a significant number of years in Bahrain working with BNP to grow their business locally and regionally and is credited with establishing BNP as one of the key financial institution in the region,” says a statement from the bank.

After leaving BNP Paribas in August 2015, Durand worked as an adviser to the chief executive of Mumtalakat, the nation’s sovereign wealth fund.

Durand was educated at the Ecole Superieure des Sciences Economiques et Commerciales and the French Business School.

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