Abdel Hamid Shoman, chair of Arab Bank, stands down
Arab Bank's Chairman Abdel Hamid Shoman resigned from Jordan’s largest financial institution on Thursday 16 August, citing disputes with top executives as the main reason.
In a letter sent to the bank’s staff, Shoman said he was disappointed by the performance of the general manager and the board of directors.
- First banks, now companies: Gulf firms 'go Islamic'
- No where to hide: Israel, UK ally against tax evasion epidemic
- Nasdaq-style crisis: is the Saudi stock market not ready to come out yet?
- Panic sell-offs: Gulf markets slide after U.S. oil hits six-year low
- What will it take for Egypt to get the $300 billion it wants?