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Kuwait Commercial Bank to Name Al-Moussa as Chairman, Qabas Says

April 29 (Bloomberg) -- Commercial Bank of Kuwait plans to appoint Ali al-Moussa as chairman and managing director, Al-Qabas reported, without saying where it got the information.

Al-Moussa will resign today as chairman of Securities Group Co., a Kuwait-based investment management company, the newspaper said.

To contact the reporter on this story: Fiona MacDonald in Kuwait at fmacdonald4@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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