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.
- Will Hezbollah sanctions have an effect Lebanon’s banking sector?
- Why Saudi's latest announcement to open up the stock market to foreign investors is a good move
- Saudi expected to emerge as seventh largest capital market and it's a very big deal!
- Time for some serious contemplation: Middle East firms face $91bn refinancing needs
- What's really holding Islamic Banking back?
- Shoman's resignation marks a departure following 80-years of Arab Bank
- Jordan's Prince Faisal opens seminar on inter-Arab economic cooperation
- Standard and Poor’s Affirms High Ratings for Arab Bank Group
- Arab Bank recorded $250 million net income in 2001
- Jordan’s Arab Bank posts 7.3 percent profit climb