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Masraf Al Rayan to Open Candidacy for Board of Directors’ Membership Starting 22 January 2020

 21 January 2020

 Masraf Al Rayan announced that it will open the candidacy for the Board of Directors’ membership for a new term of three years (2020 – 2022). This announcement comes in a step to run elections for choosing four non-independent directors and other three independent directors.  The bank will start receiving the candidacy applications starting Wednesday, 22 January 2020 till Wednesday 5 February 2020 (both business days inclusive).

The Board elections will be conducted during the bank’s assembly general meeting scheduled to convene on Wednesday, 18 March 2020 with an alternative meeting to take place on Monday, 30 March 2020 in case a quorum is not attained within the first AGM meeting.

 

 

 

  


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