Kuwait Oil Tanker Co (KOTC) has promoted deputy chief executive officer Ali Shehab to the top spot following the departure of former chief executive Sheikh Talal Al-khaled Al-Ahmad Al-Sabah.

Sheikh Talal retired from the company at the end of last month to assume a government role.

Shehab’s role as the new chief executive is for now an acting one while the formalities of a permanent position are processed.