Doha Bank said its veteran Chief Executive Officer Raghavan Seetharaman resigned, ending his 15-year career at the Qatar based lender.
The bank did not give further details on the resignation Seetharaman was appointed in 2007. Before joining Doha Bank, he was an assistant general manager at PricewaterhouseCoopers.
Doha Bank is one of Qatar’s largest lenders with a market capitalization of $2.2 billion. The bank’s shares fell 0.9% while the country’s benchmark index advanced. The shares decreased to 2.64 riyals from 2.66 riyals in the previous session.