Khaberni - 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 today, Tuesday, as part of the banking reform program.
The bank stated in its announcement that: "During the meeting, the following original members were elected instead of the resigning members: Tamara Hussein Al-Shadidi, Khaled Sharif Al-Hazza, Nidal Faiq Al-Qubbaj, and Ahmad Tahseen Al-Ma'alleh (the authorized manager), and the reserve members: Yazan Badr Kurdi, Salah Mohammed Salim, Bida'a Salem Suleiman, Inas Abdulrahman Al-Qaisi, Fadi Mohammed Ayad, Zuhdi Bahjat Al-Jiyusi, Taha Jafar, Ghassan Ahmed Salim, and Niran Sabri Ishaq."
The statement continued: "The new board of directors held its first meeting where Abdul Karim Allawi Al-Kabariti was elected as chairman of the board, and Dara Noor Al-Din as vice chairman."
In this context, Ahmad Tahseen Al-Ma'alleh, the authorized manager of the bank, said: "The new board of directors represents a strategic step towards enhancing corporate governance practices and solidifying 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 reflects our firm commitment to developing banking work in line with the highest international standards."
