Mubasher: The National Bank of Kuwait Group (NBK) announced that its Group Chief Financial Officer (CFO) Jim Murphy is retiring after a 20-year career with the Bank.
Murphy plans to step down from his position at NBK as of 31 October 2020, according to a press release.
NBK also announced that Sujit Ronghe, the Group’s Financial Controller, will be Acting Group CFO commencing November 1st.
“On behalf of NBK’s Board and Management Team, I would like to thank Jim for his commitment, dedication and highly valued contributions to the growth and development of the NBK Group during his many years of service at the Bank. Jim’s exceptional leadership skills together with his extensive financial expertise have been of tremendous value to NBK over the years,” said Isam Al-Sager, NBK Group CEO.
Meanwhile, Murphy said, “it has been a privilege and a pleasure to work at NBK over the many years, and a true honour to have worked with NBK’s distinguished and respected Board of Directors and Management Team. I want also to pay tribute to my colleagues in Group Finance whose professionalism, dedication and support have been invaluable. Extremely difficult though it is for me to make the decision to retire from NBK, the time has nonetheless arrived for me to move on to pastures new and to pursue fresh personal and family interests. I wish the members of the Board, the Management Team and all at NBK continued success long into the future”.
