Islamic lender Ajman Bank's acting CEO resigns - sources

* Mohamed Amiri resigned last week as acting CEO - sources

* Al Hilal Bank executive Zaqout to join as CEO - sources

By Stanley Carvalho

ABU DHABI, April 8 (Reuters) - Mohamed Amiri, the acting

chief executive of Ajman Bank, has quit the Islamic

lender, three sources said on Monday.

Mohammad Zaqout, previously executive vice president of

personal banking at unlisted Al Hilal Bank, will be the new

chief executive of Ajman Bank, an official at Al Hilal Bank

said, confirming what one of the sources had said.

Press officials at Ajman Bank were not immediately available

for comment.

Ajman Bank shares fell 2.6 percent on the Dubai bourse by

0840 GMT. Its shares have risen 88 percent in the last one year

on speculation that institutional investors were eyeing a stake

in the bank.

Amiri's last day at the bank was April 4 and day-to-day

management of the lender is now being handled by chief financial

officer and chief risk officer, a second source said.

Another source at the bank confirmed that Amiri had

resigned. The sources were speaking on condition of anonymity as

the information is not yet public.

No reasons were given for Amiri's resignation.

Ajman Bank, listed on the Dubai Financial Market since 2008,

is 25-percent owned by the government of Ajman, one of the seven

emirates that make up the United Arab Emirates.

Amiri, who was named acting CEO in 2012, had joined the bank

in October 2010, having worked with HSBC Holdings,

Dubai Islamic Bank and Dubai Bank previously.

($1 = 3.6730 UAE dirhams)

(Editing by Dinesh Nair)

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