QNB, the largest financial institution in the Middle East and Africa region, has recast its board of directors for 2022-24, following its annual general assembly meeting on Sunday.
The board elected HE Ali bin Ahmed al-Kuwari as the chairman and Sheikh Fahad bin Faisal bin Thani al-Thani as the vice chairman for the current term.
The ordinary general assembly meeting approved the five members nominated from the private sector. In addition, the Qatar Investment Authority appointed its representatives on the board.
Apart from the chairman and vice chairman, the other members representing the sovereign wealth fund include Sheikh Hamad bin Jabor bin Jassim al-Thani, Mansoor bin Ebrahim al-Mahmoud, and Abdulrahman Mohamed Jolo.
Members representing the private sector are Broog Trading Company, represented by Sheikh Abdulrahman bin Saud bin Fahad al-Thani; Fahad Mohamed Fahad Saad Buzwair; Bader Abdulla Darwish Fakhroo; H B H Al Mulla and Sons Trading Company, represented by Adil Hassan bin Hassan al-Mulla al-Jufairi; and Ali Yousef Hussain Kamal.
The general assembly had approved the group’s audited financial statements for the year ended December 31, 2021 and the board's recommendation of a cash dividend of 55% of the nominal share value (representing QR0.55 per share).
The ordinary general assembly meeting approved the five members nominated from the private sector. In addition, the Qatar Investment Authority appointed its representatives on the board.
Apart from the chairman and vice chairman, the other members representing the sovereign wealth fund include Sheikh Hamad bin Jabor bin Jassim al-Thani, Mansoor bin Ebrahim al-Mahmoud, and Abdulrahman Mohamed Jolo.
Members representing the private sector are Broog Trading Company, represented by Sheikh Abdulrahman bin Saud bin Fahad al-Thani; Fahad Mohamed Fahad Saad Buzwair; Bader Abdulla Darwish Fakhroo; H B H Al Mulla and Sons Trading Company, represented by Adil Hassan bin Hassan al-Mulla al-Jufairi; and Ali Yousef Hussain Kamal.
The general assembly had approved the group’s audited financial statements for the year ended December 31, 2021 and the board's recommendation of a cash dividend of 55% of the nominal share value (representing QR0.55 per share).