Bank of Baghdad announces the formation of its new board of directors as part of the banking reform program.
Bank of Baghdad, one of the leading banks in Iraq, announced the formation of its new board of directors during the ninth extraordinary meeting of the general assembly held on Tuesday, as part of the banking reform program.
The bank stated in a statement that: “During the meeting, the following original members were elected to replace the resigning members: Tamara Hussein Al-Shadidi, Khaled Sharif Al-Hazza, Nidal Faiq Al-Qabaj, and Ahmed Tahseen Al-Ma’la (the authorized manager), and the reserve members: Yazan Bader Kurdi, Salah Muhammad Salim, Baidaa Salem Suleiman, Inas Abdul Rahman Al-Qaisi, Fadi Muhammad Ayad, Zuhdi Bahjat Al-Jayousi, Taha Jaafar, Ghassan Ahmed Salim, and Niran Sabri Ishaq.”
The statement continued: “The new board of directors held its first meeting, during which Abdulkarim Alawi Al-Kabariti was elected chairman of the board, and Dara Nour El-Din was elected vice-chairman.”
In this context, Ahmed Tahseen Al-Ma’la, the bank’s authorized manager, said: “The new board of directors represents a strategic step towards strengthening corporate governance practices and consolidating the principle of separation between ownership and executive management. We are proud to be the first Iraqi bank to implement the new framework of the Central Bank of Iraq, in a step that expresses our firm commitment to developing banking operations in line with the highest international standards.”
Burathanews.com