Doha Bank chief executive resigns after almost 15 years

Doha Bank CEO Raghavan Seetharaman

Doha Bank said Sunday 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 in a brief statement Sunday. 

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.