National Bank of Fujairah PJSC (NBF) appoints a new Board Member and amends its Memorandum and Articles of Association

Press release
Published June 27th, 2016 - 11:10 GMT
National Bank of Fujairah
National Bank of Fujairah

NBF held its General Assembly Meeting (GAM) today at Novotel Hotel, Fujairah, United Arab Emirates, where shareholders approved the amendment of the bank’s Memorandum and Articles of Association in line with the provisions stipulated in the Federal Law No. (2) of year 2015 concerning Commercial Companies.

The shareholders also approved the appointment of Mr. Ahmed Saeed Al Raqbani onto the NBF Board of Directors. The number of board members for the bank has now increased from eight to nine as per the provisions of the same law.

His Highness Sheikh Saleh Bin Mohamed Bin Hamad Al Sharqi, Chairman said:

“NBF is committed to observing the highest ethical and corporate governance standards and international best practices while conducting its business. The appointment of a new Board Member and amendment of the Memorandum and Articles of Association will therefore ensure that the bank is fully aligned with the latest laws and governance practices crucial for its ongoing success. We are particularly pleased to welcome Mr. Ahmed Saeed Al Raqbani onto the bank’s Board of Directors and I am confident that he will play a pivotal part in taking the bank to greater heights.” 

Background Information

National Bank of Fujairah

As one of the most well-respected corporate banks in the UAE, National Bank of Fujairah is renowned for its award-winning services, unrivalled understanding of local markets and unwavering commitment to its customers. As the UAE’s bank of choice for over 30 years, it just makes good business sense to bank with National Bank of Fujairah.

Contact Information

National Bank of Fujairah Building
NBF Building, Fujairah Khorfakkan Road
PO Box 887, Fujairah
United Arab Emirates
Phone
Fax number
09-2241047

PR Contact

Contact Name
Mishra Kanishk

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