IslamicFinance.de

Following the resignation of Bara'a Al Qenaei, CEO of International Investment Group (IIG), the board of directors of IIG gathered on 7 September 2011 to discuss the resignation. The Kuwaiti firm’s board accepted the resignation and agreed terms with a view to appointing Faisal Al Busairi as CEO.
However, ultimately an agreement with Al Busairi was not reached and he did not accepted the position.
Therefor, Ghassan Al Sultan (Board Member) is temporarily managing the Shari’ah-compliant business in a caretaker's capacity.